* TWIA’s market share along the coast grew from 17.9% of all residential properties in 2001 to 63.35% in 2012.
* Here is the exposure for TWIA in three areas of the coast:
Galveston: $23.3 billion
Corpus Christi: $13.8 billion
Brownsville: $5.1 billion
* In the case of a strike by a Class 4 hurricane, here is the average projected loss in each area:
Galveston: $4.7 billion
Corpus Christi: $3.9 billion
Brownsville: $598 million
* At the start of the 2014 hurricane season, TWIA had somewhere around $211 million in the Catastrophe Reserve Trust Fund to pay claims.
* The number of TWIA policyholders increased from 68,756 in 2001 to 270,487 at the end of February 2014.
* Eliminate the Texas Windstorm Insurance Association.
* Replace TWIA with a true provider of last resort, much like the Texas FAIR plan for automobile insurance policies.
* Require that the new windstorm rates be actuarially sound.
* Require that the new windstorm rates be higher than any competing private sector offers.