The Texas Windstorm Insurance expert panel will hold a public meeting on Jan. 28 to inform the public about the progress of the panel’s work, to allow the public to observe the panel discussing its work, and to give the public an opportunity to comment and ask questions on the various components of the method or model.
During this meeting, the panel plans to demonstrate their draft method or model for determining the extent to which a loss to TWIA-insured property may be or was incurred as a result of wind, waves, tidal surges, or rising waters not caused by waves or surges.
Attendees are encouraged to ask the panel members questions about how the method or model would function.
The a link to a Power Point presentation designed to help attendees prepare for the meeting is available on the Texas Department of Insurance website at http://www.tdi.texas.gov/alert/event/2015/01/twiamtg012815.html.
As required by House Bill 3, enacted by the 82nd Legislature, after the panel completes its work, the commissioner will consider the panel’s recommendations and publish guidelines that TWIA must use to settle claims.
The meeting will take place at:
- William P. Hobby Jr. State Office Building
- 333 Guadalupe, Room 100
- Austin, Texas
- January 28, 2015
- 2:00 p.m. – 05:00 p.m.
Source: TDI
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