This letter explains concerns shared by the Texas Public Policy Foundation, Texas Eagle Forum, Free Market Foundation, Texans for Fiscal Responsibility, and Americans for Prosperity-Texas on several transportation tax proposals pending before the Texas House.
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...