Texas Lawmakers Approve State-Backed Financing for TWIA as Hurricane Season Begins
A new law gives windstorm insurer faster access to $1.5 billion in emergency liquidity as it heads into the hurricane season depleted.
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Wildfire Risk May Fuel "Viscous Cycle" In Municipal Bond Market
Investors are beginning to demand higher yields from U.S. municipalities exposed to climate-driven wildfire risk, signaling a critical shift in how the bond market prices environmental vulnerability.
