(a) This section and §§5.4030 - 5.4041 of
this title prescribe guidelines that the Texas Windstorm Insurance
Association must use to prepare for and settle residential slab claims
in Zones V, VE, and V1-V30, as defined by the National Flood Insurance
Program.
(b) This section and §§5.4030 - 5.4041 of
this title apply only to residential slab claims resulting from an
organized weather system that:
(1) has a defined surface circulation and maximum sustained
winds of not less than 39 miles per hour;
(2) the National Hurricane Center of the United States
National Weather Service names as a tropical storm or a hurricane;
and
(3) that the association expects will result in more
than 500 residential slab claims.
(c) The association must make an initial determination
as to the expected number of claims when the organized weather system
is in the Gulf of Mexico or within the boundaries of longitude 80
degrees west and latitude 20 degrees north.
(d) The association must make a final determination
as to the expected number of claims no later than 24 hours before
expected landfall.
(e) The association may contract with appropriate private
or governmental entities to obtain any of the data or services required
in this division.
(f) This section and §§5.4030 - 5.4041 are
applicable beginning June 1, 2018.
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