At the January 18th, 2012, regular City Council Meeting, Mayor Robert N. Pinkerton, Jr. made the announcement of his appointment by the House of Representatives to the Joint Interim Committee to Study Seacoast Territory Insurance. The purpose of the committee is to examine alternative ways to provide insurance to the state’s seacoast territory, including through a quasi-governmental entity.
“I look forward to working with the committee on a most important issue facing the Texas Coast. It is important to establish a good seacoast insurance program,” said Mayor Robert N. Pinkerton, Jr.
Additional duties of the interim committee include studying the residual markets of windstorm and hail insurance in other states, and studying windstorm-related building codes and mitigation strategies. The committee shall report its recommendations no later than December 1, 2012
Leave a Reply