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A View from the Coast May 14, 2009

Thursday, May 14, 2009
posted by admin

As full time residents of Port Aransas (Port A), we have followed the proposed changes to windstorm coverage with shock and horror! We are full time residents of Port A and are approaching retirement age. We have watched as our retirement savings have been decimated by this recession. Real estate sales are at a standstill as a result of the recession, so we can only guess how far home values have already fallen. Now your proposals would likely further decimate our home value, our only remaining source of retirement savings. Your timing is horrible!……

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CWIC BULLETIN #5 To Austin Tuesday MAY 5, 2009

Monday, May 4, 2009
posted by admin

There are only a few days left to make a difference

Click here to download the Bulletin.

A Handout available for use by those traveling to Austin to make a point.  Hopefully, there will be enough opportunity to communicate to Legislators that Insurers NOT Insureds have CAUSED TWIA problems.  The real solution, fair to Insurers AND Insureds, is to restore the voluntary market, even if it takes a little discipline to make it happen.
SEE YOU IN AUSTIN TUESDAY.
For CWIC, Otie Zapp

Click here to download.

CSSB 14 has taken center stage in the windstorm insurance arena.

 After 4 substitutes for SB 14 had been presented, Lt. Governor Dewhurst is pressing for divergent views to be reconciled in time to pass a bill out of the Senate by May 6, 2009.  Coastal Senators have demonstrated to other Senators that many punitive provisions would harm the Texas economy.  The result is that bill revisions are possible which could make CSSB 14 acceptable to TWIA actual and potential future policy holders.

The House Insurance Committee has several windstorm bills left pending, including some of great concern, but it seems to be awaiting Senate action. 

 The Corpus Christi Chamber of Commerce has initiated, and ALL CWIC interested parties are encouraged to participate, in a noon May 5, 2009 “Don’t Kill the Coast” blitz at the Texas Capitol steps.  This action, attended by hundreds from all parts of the Texas Coast is designed to communicate in unmistakable terms that this is a life or death issue for the Coastal economy.

A Galveston County bus reservation form is attached below.  Others come by plane, train, bus or drive, but COME join your fellow Texans to show in the strongest communication possible–your bodily presence– that this is vitally important to you.  This is the best way to show YOUR Senator and Representative that YOU APPRECIATE THEIR STRONG PROTECTION!  

DON’T LET A “BAD” WINDSTORM INSURANCE BILL

  KILL THE TEXAS COAST!!

 

Join the Galveston Chamber of Commerce on a

 

 TRIP TO AUSTIN

 

Tuesday, May 5th, 2009

 

Bus will leave Target Parking lot at 7:00 a.m.

 

42 SEATS AVAILABLE

 

Chamber members will join the Mayor of Corpus Christi, the Corpus Christi Chamber of Commerce and their members

(14 buses) along with the CWIC – Coastal Windstorm Insurance Coalition

In support of Legislation beneficial to the Texas Coast. 

 

Supporters will meet at 12:00 noon on the Capitol Steps

 

Please RSVP Gina Spagnola at gspagnola@galvestonchamber.com

 

Reservations will be handled on a first come first served basis.

CWIC Good and Bad points on “5 – 2” Temporary Funding Amendment
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Directors 5-2 Bill Draft 04/23/09

Friday, April 24, 2009
posted by admin

Directors 5-2 Bill Draft 04/23/09

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Report on the Texas Windstorm Insurance Association
April 2009

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Click Hereto view if you dot have Power Point

The Ten Worst Insurance
Companies In America
How They Raise Premiums,
Deny Claims, and Refuse Insurance
to Those Who Need It Most

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