The Texas Windstorm Insurance Association (TWIA) provides windstorm and hail coverage in the 14 coastal counties and a few other specially-designated areas. All property insurers in Texas must participate in TWIA and must help pay losses. Although TWIA was intended to provide windstorm insurance coverage only to those who could not purchase insurance in the voluntary market, it is no longer an insurer of last resort.
Running Dry: South Texas’ Water Crisis
Farmers slowly dig up their losses and face the unsettling reality that their parched dams, once a reliable water supply for irrigation, will not be replenished. These hardworking, multi-generational Texas farmers are no strangers to the ebbs and flows of the seasons. But when a crop that the Rio Grande Valley has depended on for...