CSHB 3167 seeks to expedite the permitting process so that there is greater predictability for developers and lower costs for consumers. This bill would streamline the development and permitting process by requiring jurisdictions to conduct more thorough initial reviews followed by substantive comments on an application that the developer can then address. After the developer addresses the initial round of substantive comments, the jurisdiction will only be permitted to re-review the amendments, without any availability to review any other parts of the application that were not initially deemed deficient.
TWIA’s Expanding Reach Raises Fresh Concerns
TWIA has become the leading wind and hail insurer in the catastrophe area. Its position has direct and indirect consequences for Texans statewide. Key points: Since 2020, TWIA has steadily increased its market share in the catastrophe area, raising concerns about scope and cost. TWIA’s quasi-governmental model imposes potential costs on statewide policyholders and private...