In a meeting on March 25, the board of directors of Texas’ insurer of last resort in coastal areas is expected to discuss the organization’s dire financial condition and the possibility of placing the organization into receivership. According to the …
Texas’ property insurer of last resort in coastal counties may have a difficult time remaining intact during the 2013 legislative session. Claims from 2008’s Hurricane Ike still trickle in and ongoing Ike-related lawsuits against the Texas Windstorm Insurance Association (TWIA) …
Galveston had a record $8.4 million in peak-season tourism revenue this year in a continuing turnaround since Hurricane Ike battered the Southeast Texas island. The Galveston County Daily-News reported that officials believe a $100,000 marketing campaign called “It’s Island Time” …
There was a time Galveston tourism officials would avoid using the word Ike. Four years after the most devastating storm since Hurricane Carla struck the Texas Coast in 1961, Hurricane Ike is no longer talked about in hushed tones or …
Nearly four years after Hurricane Ike made landfall near Galveston Island, coastal residents are still filing claims and hundreds of lawsuits. Most of the legal activity is aimed at the Texas Windstorm Insurance Association (TWIA), which provides homeowners along the …
Texas investigators have opened a criminal probe into how State Farm handled what may turn out to be thousands of insurance claims from Gulf Coast homeowners involving damage from Hurricane Ike in 2008, officials said. Gregg Cox, head of the …
Houston leaders have announced $151 million in federal funds will be used to fix years-old housing damage from Hurricane Ike. The September 2008 hurricane devastated Galveston and also spread storm-related damage north to the Houston area. The funding was announced …
The modest home on South Clover Street is, quite simply, a wreck. Waist-high ragweed chokes front and back yards. Rusting appliances and toys clutter the carport of the dilapidated structure, topped by a sagging patchwork of missing roofing tiles offering …
Texas’ outsourcing of the management of more than $1 billion in federal disaster recovery funds to an engineering firm has raised concern from federal officials. The Austin American-Statesman reports that the firm, Kansas City, Mo.-based HNTB, which the state has …
Disagreements among homeowners in an exclusive Galveston Island beach community have led to a fraud investigation involving a $25 million federal buyout program for houses damaged by Hurricane Ike in 2008. The state-run program is administered by Galveston and funded …
