The district attorney in Travis County, Texas, is now involved in an investigation of the state's last-resort insurer, the Texas Windstorm Insurance Association (TWIA).

The Texas Department of Insurance (DOI) has placed TWIA under administrative oversight. DOI said its decision was based in part on information provided to it that suggests an outside claims adjuster was paid for work that was never done.

Gregg Cox, assistant district attorney, said the office was contacted by DOI to participate in an investigation. The Texas state auditor is also participating, he said.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.