AUSTIN, Texas, April 14, 2011 /PRNewswire/ -- The board of directors of the Texas Windstorm Insurance Association (TWIA) voted today to extend an offer of employment to John Polak as the Association's interim general manager.
Mr. Polak brings over 39 years of industry experience, including management positions in financial, actuarial, underwriting and claims handling. He has worked in both the public and private sectors, and has served as the head of a state agency. As CEO of a major insurance company, he dealt directly with regulators in all 50 states. In addition, he has managed claims organizations that handled a daily claims volume in catastrophe-prone areas, and was directly involved in responses to loss events due to hurricanes Rita, Katrina, Charlie, Ivan, Jeanne, and others.
About the Texas Windstorm Insurance Association
The Texas Windstorm Insurance Association (TWIA) is the state's insurer of last resort for wind and hail coverage in the 14 coastal counties and parts of Harris County (east of Highway 146). TWIA provides wind and hail coverage when insurance companies exclude it from their homeowners and other property policies sold to coastal residents. TWIA employees are committed to promote hurricane safety and education, together with the development and enforcement of coastal building codes, in an effort to save lives and property.
Contact: Meg Meo, 512-494-2867
mmeo@echristianpr.com
Texas Windstorm Insurance Association
