Gov. Rick Perry today made the following statement regarding legislation reforming the Texas Windstorm Insurance Association (TWIA):
"I commend members of the Texas Legislature for their ongoing efforts to improve the operations of the Texas Windstorm Insurance Association. There is still work to be done on this issue, and we must pass legislation to adequately compensate TWIA policy holders without enriching trial lawyers or further undermining TWIA's financial stability. Reforming TWIA is imperative to protecting Texans from the effects of devastating hurricane seasons, and I look forward to this important legislation reaching my desk in the next week, otherwise I will be forced to call another special session to protect Texas taxpayers and homeowners."