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Texas Windstorm Insurance — What's Next?

Law360, New York (July 02, 2009) -- During the recently completed 81st Legislative Session, the Texas legislature adopted the most significant reforms to the Texas Windstorm Insurance Association (“TWIA”) since 1997 with the passage of House Bill 4409 (“HB 4409”).

This legislative reform was forced upon legislators due to $2.5 billion in losses from Hurricane Dolly and Hurricane Ike in 2008....

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