“The Texas Windstorm Insurance Association is considerably under funded in the event a major hurricane makes landfall in Galveston or Corpus Christi. Last year TWIA had a $130 million deficit as a result of losses caused by Hurricane Rita and that would be a drop in bucket had the storm hit Galveston.”
Jerry Johns
“Even in a year when we had a major hurricane hit the Texas Coast, insurance companies are making extremely handsome profits on the backs of Texas homeowners. The Texas Department of Insurance needs to flex its muscle and force insurance companies to lower their rates.”
Alex Winslow
“In a year in which a major hurricane devastated parts of the Texas coast, the insurance industry was still able to post exorbitant profits on the backs of Texas homeowners.”
“Democracy is a device that insures we shall be governed no better than we deserve.”
Bernard Shaw
“The full force within the insurance market of Hurricanes Katrina and Wilma are now being felt, many months after they tore up the Gulf coast.”
Catherine Schmitt
“And Texas is definitely in the crosshairs of this hurricane. The (National) Hurricane Center track takes it south of Galveston right now, but we're at least five days out.”
John Metz
“Basically because of the hurricane we lost everything. We had no insurance. The tax base is totally gone. There are no businesses to pay taxes to fund things like Little League. This saved us.”
Herb Sires
