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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Pershing Files for $10B IPO as Vantage Deal Puts Insurance at Center of Ackman's Strategy
Pershing Square's IPO filing confirms the $2.1 billion Vantage acquisition and reveals insurance companies as anchor investors — while flagging the deal as a distraction risk to the fund itself.
