NU Online News Service, July 16, 3:00 p.m. EDT
Nearly two years after Hurricane Ike destroyed the town of Galveston, Texas, the Texas Windstorm Insurance Association (TWIA) has agreed to pay an estimated $189 million to policyholders whose homes were shattered by the storm.
On Wednesday, TWIA announced it reached a settlement with lawyers representing about 2,400 Galveston County property owners covered by TWIA policies.
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