Windstorm lawsuit call for $600 million from insurance companies
Updated 6:58
By Matthew Waller
Scripps Newspapers
AUSTIN — A new lawsuit aims to force the Texas Windstorm Insurance Association get $600 million from insurance companies, money that the suit says has been wrongfully levied against policyholders.
Attorney Mark Kincaid said he filed the suit Monday morning in Travis County on behalf of Corpus Christi resident Ramiro Gamboa, and Gamboa is also seeking up to $100,000 in damages.
The lawsuit may be among the first of its kind.
“Plaintiff Ramiro Gamboa seeks relief because TWIA and its board of directors have failed to properly assess the excess loss resulting from Hurricane Ike, in the amount of approximately $600 million, and have shifted that cost onto policyholders instead of the member insurance companies,” the lawsuit states.
The windstorm association did not respond Monday to calls with requests for comment.
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