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(Pictured below: Sheriff Jim Kaelin)
Sheriff Jim Kaelin, introduced this week's
speaker, Port Commissioner, Charlie Zahn.
Zahn, whose presentation was focused on describing to the Rotarians the role
he played in reducing the cost of windstorm insurance for homeowners in the
coastal bend region (and in all of the State of Texas), by going head- to-head
against insurance companies to reform the Texas Windstorm Insurance Association
(TWIA).
(Pictured below: Port Commissioner, Charlie Zahn)
According to Zahn, "...five members of the board of
the TWIA represented the insurance companies,
while only four members represent you and I". This
gave the insurance companies an unfair advantage.
As a result, residents were having a difficult time
obtaining insurance at a reasonable cost.
In getting the windstorm insurance bill passed, and in
reforming the TWIA Zhan says that they were able to
arrest imminent increases in the insurance costs to
residents; and there is hope of decreased insurance
costs in the near future. The bill will also make it possible
for private insurers to get into the windstorm insurance
market.
Further the bill forces the insurers to use a single adjuster program rather than adjusting their own
claims, this he said will increase the consistency of adjustments.
(Below, Charlie Zahn recieves a Tacks Shelter,
presented by President Michelle Maresh-Fuehrer).
In appreciation for his presentation, President, Michelle Maresh-Fueher
presented Port Commissioner, Charlie Zahn with a Tacks Shelter. The
Tacks shelter is designed and built by club member, Rodney Vaughn.
(Please submit all corrections, stories, announcements and any information
you wish to share with the club, to Christine Udeani. Email udeani@live.com.
All stories received after mid-night (CST) on Saturday will be published in
the next week's bulletin).
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