In the event of a major hurricane, the Texas Windstorm Insurance Association would have insufficient funds to pay its claims. Underpriced rates crowd out private insurers, putting the system at risk.
Supplying Water for the Future of Texas
Texas needs to update its water policies to ensure secure and dependable water supplies that will support a prosperous economy. Key Points – Texas as a whole has plentiful water resources, but regional supply challenges must be addressed. Crafting sound water policy is complicated by ownership and insufficient infrastructure. – Existing policies, particularly surface water...