Texas Windstorm Committee Meets to Discuss Possible $800 Million Issue

Albanese, Elizabeth
July 2006
Bond Buyer;7/5/2006, Vol. 357 Issue 32416, p5
Trade Publication
The article reports on the discussion of the possible sale of $800 million of revenue bonds to bolster funding for the state windstorm pool during a meeting by state committee in Dallas, Texas. The Texas Windstrom Insurance Association is to issue $800 million bonds backed by increases in insurance premiums. It insures more than 101,000 residential and 10,000 commercial policyholders in several high-risk coastal communities.


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