The Texas Windstorm Insurance Association is inviting the public to comment on its vendor for catastrophe modeling services ahead of a Feb. 2 meeting where the TWIA Board of Directors will meet to consider a recommended vendor from the association’s Actuarial & Underwriting Committee.
The committee met on Jan. 19 and voted on Aon to provide catastrophe modeling analysis services related to the board’s statutorily required determination of the Association‘s 1-in-100-year probable maximum loss for the 2022 hurricane season and reinsurance purchase decision. The board may also consider the option for TWIA staff to execute catastrophe modeling.
Members of the public are invited to submit written comments on the recommended vendor by noon on Jan. 31. Written comments should be emailed at PublicComment@TWIA.org.
The public can also provide verbal comments during the board’s Feb. 2 meeting, which will be streamed on Zoom.
Source: TWIA
Topics Catastrophe
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