Texas / South Central News

Hearing Set for Texas Windstorm Pool Reinsurance Request

The Texas Department of Insurance has scheduled a public hearing for Aug. 22, 2006, at 10:00 a.m., for Docket No. 2643: Consideration of a petition by the Texas Windstorm Insurance Association (TWIA) requesting approval of a reinsurance program to operate in concert with the catastrophe reserve trust fund established under the Insurance Code Article 21.49 §8(i).

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The new program is proposed to be effective as of June 1, 2006. (Reference No. P-0606-10). The hearing is held pursuant to the Insurance Code Article 21.49 §5A.

The hearing will take place in the Hobby Building, 333 Guadalupe, Hearing Room 100.

Source: Texas Department of Insurance

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