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7/16/2010
Texas Windstorm Insurance Association settlements announced on Galveston homes completely destroyed by Hurricane Ike

$189 million TWIA settlement negotiated by the Mostyn Law Firm on Ike "slab"claims
Breaking news from the Mostyn Law Firm! After years of grueling work by the Mostyn Law Firm, Steve Mostyn led negotiations to a resolution for approximately 2,400 Galveston County property owners covered by Texas Windstorm Insurance Association (TWIA) windstorm policies whose homes were completely destroyed by Hurricane Ike. (Use the link above to read the full article) Years of hard work with intense depositions, thousands of pages of documents, long meetings with experts, numerous hearings, and endless emails and phone calls finally paid off with a proposed settlement of $189 million. (Use the link above to read the full article)

7/15/2010
Texas Windstorm Insurance Association agrees to $190M settlement with homeowners
GALVESTON, Texas—Texas Windstorm Insurance Association has agreed to settle a raft of lawsuits by paying almost $190 million to some 2,400 Galveston County property owners whose insured homes were reduced to their foundations by Hurricane Ike.

The suits are known as "slab" cases because they all involve properties where Hurricane Ike left little or nothing standing above ground when it made landfall Sept. 13, 2008. (Use the link above to read the full article)

7/14/2010
Windstorm insurer to settle some Ike cases
The state-created windstorm insurer at the center of thousands of Hurricane-Ike related lawsuits has agreed to settle a chunk of them.

The Texas Windstorm Insurance Association will pay out an estimated $189 million to policyholders whose homes were razed to the slab nearly two years ago.

That figure assumes all of about 2,400 slab claims against the insurer are resolved under the proposed settlements, said policyholder attorney Steve Mostyn.

Individual policyholders that have attorneys can choose if they want to accept the offer, which includes the following: (Use the link above to read the full article)

7/13/2010
Mass settlement offered in Ike windstorm cases
The wait could be over for countless Bolivar Peninsula property owners locked in a group stalemate with the Texas Windstorm Insurance Association over Hurricane Ike damages.

Within the next month, those clients involved in the insurance fight should get notices from their respective attorneys about whether they want to accept a slice of a $189 million "mass settlement" with the state windstorm insurance pool, attorney Steve Mostyn said.

"It's an offer, but it's substantially more than what was paid on those cases," Mostyn said.

(Use the link above to read the full article)

3/16/2010
Hurricane Ike lawsuits flooding in for attorneys...
LA PORTE, Texas?- Dave Davis is doing something he’d never thought he’d do. “Not in a million years,” he said as he walked?into a lawyer’s office to file a lawsuit. Hurricane Ike tore through his home in the 8800 block of Hedgestone Ct. in La Porte more than a year and half ago. (Use the link above to read the full article)
1/28/2010
Pricetag for Ike: $15 billion, insurers say
Hurricane Ike caused more than $15 billion in damages nationwide, making it the most expensive weather catastrophe in Texas and the third-costliest hurricane to strike the United States, according to insurance industry officials. (Use the link above to read the full article)
1/15/2010
Texas Windstorm - TWIA - Is it time to drain the windstorm pool?
If only the claims could have been settled as quickly as the lawsuits. The Texas Windstorm Insurance Association, facing about 1,000 lawsuits from homeowners over its handling of insurance claims after Hurricane Ike, has begun a flurry of settlements. The settlement binge comes, not surprisingly, as key TWIA managers were facing court-ordered depositions that might have revealed more embarrassing details about mishandled claims. ( Use the link above to read the full article)
1/14/2010
Windstorm insurer picks up pace on Ike settlements
The Texas Windstorm Insurance Association, under fire by state regulators and policyholder attorneys for how it handled claims after Hurricane Ike, is accelerating the pace of settlements.
1/8/2010
TWIA paying claims- Some Windstorm policyholders being paid after long delay
More than 15 months after Hurricane Ike inflicted large-scale devastation across Southeast Texas, previously contested claims are being settled by the Texas Windstorm Insurance Association (TWIA), with payments in many cases far exceeding earlier offers that residents considered woefully inadequate...
12/14/2009
Depositions of TWIA’s - Top Managers Ordered by the Court! (PDF)
Scope of Order: This Order shall apply to all lawsuits filed in Galveston County against TWIA concerning a claim arising from damage to residential or commercial property caused by Hurricane Ike (excluding Slab Claims) and consolidated for pretrial in this Court (hereafter "TWIA Cases") and concerns depositions of corporate representatives, management-level employees of TWIA, certain former TWIA employees, any expert on general topics designated by TWIA in TWIA Cases and certain others (hereafter "TWIA Depositions"). This Order applies to: Gene Kounse, David Dicks, Terry Partlow, Don Turner, Keith Robbins, Maria Merida, Joe Rosentritt, Bill Hooper, Bill Knarr, Reggie Warren, Ray Roe, Kevin McFarlin, Jim Oliver, Bob Parrish

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