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.
Taxes & Spending
May 2024 Bond Election Report
This report examines the true cost of bond propositions considered in the May 2024 election cycle and offers recommendations to improve debt transparency and accountability. Key points: Texas voters considered almost 325 bond propositions on May 4th, 2024. Of those, approximately 260 measures were approved. The total repayment cost for every bond measure proposed was $38.8 billion....
August 27, 2024