in Houston, Texas
TWIA shows improvement in claims handling, auditor finds in sixth review since late 2008
Friday, Aug 03, 2012, 12:04PM CST
By Mark Lisheron
ike

The sixth time is the charm. Sort of.

In the sixth external review since December 2008, the Texas Auditor found improvement and room for improvement in the way the Texas Windstorm Insurance Association handles storm damage claims, a new report says.

The Insurance Association has been under new executive management since April 2011 and its administration is under state oversight. The performance of the Association has been tracked carefully over the past two years by Texas Watchdog in stories like this, this and this.

In 39 cases audited at random from 88,408 payments made in 24,411 claims from Jan. 1 through March 31 the Windstorm Insurance Association showed marked improvement in speed and accuracy of the handling of the claims, the report says.

Nearly 60 percent, or 50,466 of those payments, totalling $25.2 million, went to lawyers in lawsuits over $333.7 million in claims, the report says.

The Auditor, however, found 14 out of 32 of the random claims had been made without the approval of a supervisor. In four of eight claims, additional living expenses in the claims were not paid for between two to four years. In two cases, payments were made twice.

***
Contact Mark Lisheron at 512-299-2318 or mark@texaswatchdog.org or on Twitter at @marktxwatchdog.

Keep up with all the latest news from Texas Watchdog. Fan our page on Facebook, follow us onTwitterand Scribd, and fan us on YouTube. Join our network on de.licio.us, and put our RSS feeds in your newsreader. We're also on MySpace, Digg, FriendFeed, and tumblr.

Photo of Hurricane Ike via NASA.

Comments
Be the first to post a comment.
Tweets
Karen Townsend | 7 years 6 months
"Patrick F. Kennedy is a career foreign service officer" - http://t.co/GOrCe0IS
Peter Corbett ✈ | 7 years 6 months
I'm at McCarran International Airport (LAS) w/ @almacy http://t.co/KvmId07i
KERA Public Media | 7 years 6 months
TONIGHT at 7pm on KERA TV: Presidential Debate: Learn more at PBS NewsHour. http://t.co/Z9kYdun8
PBS MediaShift | 7 years 6 months
Tech Snafus Make Bill O'Reilly/Jon Stewart 'Rumble' More of a Stumble http://t.co/4OfeBlrG (@kegill | @pbsmediashift) #rumble2012
Will Sullivan | 7 years 6 months
Great addition, been burned too much by bad subs. "Google Play Announces Free Trials For In-App Subscription Services" http://t.co/TOLgRVak
TxDOT | 7 years 6 months
I-35W/North Tarrant Express #constantcontact http://t.co/QDzrQumu
© 2019 TEXAS WATCHDOG and USELABS. All Rights Reserved. Terms of Use and Privacy Statement