Good BusinessGulf Coast
State windstorm insurer weighs $44 million loan for lingering Beryl losses
The board of the state windstorm insurer will discuss borrowing $44 million from JPMorgan Chase Bank.
The board of the state windstorm insurer will meet at the Omni Hotel in Corpus Christi to discuss a possible $44 million loan from JPMorgan Chase Bank. The loan is being considered to address lingering losses from Beryl.
The board includes coastal representative Terrilyn Tarlton Shannon of Galveston.
Written by The Alamo Republican from Galveston County Daily News’ reporting, using only the facts in it. Galveston County Daily News’ own headline: “State windstorm insurer weighs $44 million loan for lingering Beryl losses”
Read Galveston County Daily News’ full story ›
Opens at Galveston County Daily News, in a new tab.