Dewhurst pushing TWIA compromise
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Lt. Gov. David Dewhurst announced from the prodium this morning that he plans to begin meeting with coastal senators on Sen. Troy Fraser’s Texas Windstorm Insurance Association (TWIA) bill. I’m told that the coastal senators, plus a few other senators whose constituents own property on the coast, had enough votes to block the bill from being heard. They feel that Fraser’s bill places draconian surcharges on coastal residents — and that the pain of hurricanes should be spread around more. A source in the lobby tells me that Dewhurst hopes to “strike a deal” and move the bill forward, as soon as today. In the House, it’s likely to be changed drastically by a coastal-friendly committee (that phrase does not apply to chair, John Smithee) that includes Craig Eiland, Todd Hunter, Larry Taylor and Senfronia Thompson.