Marc Levin, Director of the Foundation’s Center for Effective Justice, presented the attached testimony on SB 103 to the Senate Criminal Justice Committee at its February 27, 2007 public hearing.
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...