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).
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
Topics Catastrophe Natural Disasters Texas Windstorm Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles
Preparing for an AI Native Future 

