Refusal To Pay Claims Casts Doubt On Texas Windstorm Insurer
A refusal to pay losses caused by Hurricane Ike has again thrust the bedraggled Texas Windstorm Insurance Association (TWIA) into the courthouse, while raising doubts over the agency’s process for resolving claims.
The city of Galveston sued TWIA Friday. It claims the agency is refusing to pay almost $14 million for damage caused by the storm, even after agency and city appraisers agreed on the cost.
League City is also suing TWIA over $3.4 million in unpaid damages it says the agency agreed it would pay.
TWIA declined to comment on the lawsuits. State Rep. Craig Eiland, D-Galveston, is representing the city of Galveston. Houston trial lawyer Steve Mostyn, who has secured millions for TWIA policyholders, is representing League City.
More at http://kut.org/post/refusal-pay-claims-casts-doubt-texas-windstorm-insurer .