TWIA Anticipates Higher Reinsurance Spending in 2025 December 17, 2024 By Ezra Amacher The Texas Windstorm Insurance Association expects to spend more on reinsurance in 2025 to account for projected policy count and...
TWIA Board Reviews 2025 Budget After $455 Million Loss from Hurricane Beryl November 19, 2024 The Texas Windstorm Insurance Association Board of Directors met last week to review information related to the agency’s 2025 budget....
Texas Commissioner Rejects TWIA’s Proposed Rate Increase October 16, 2024 By Ezra Amacher Texas Insurance Commissioner Cassie Brown issued an order this week disapproving Texas Windstorm Insurance Association’s proposed 10% increase to property...
TDI to Hold Two Public Meetings on TWIA’s Filing of 10% Rate Increase August 30, 2024 The Texas Department of Insurance will hold two public meetings in September on the Texas Windstorm Insurance Association’s annual rate...
Coastal Texas Braces for Insurance Rate Increase at Upcoming TWIA Meeting July 31, 2024 By Joshua Fetcher, The Texas Tribune The Texas Windstorm Insurance Association, the state’s insurer of last resort for homes and businesses on the Gulf Coast, will...
TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies July 16, 2024 The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board...
‘We’re All Going to See the Impact’ – Beryl Could Worsen Texas Insurance Crisis July 10, 2024 By Ezra Amacher Insurance agent Ian Hartgrove was one of many Houston residents caught off guard by the size of Hurricane Beryl, which...
TWIA Prepares Biennial Report for Texas Legislature; Assoc. Sees Limited Claims From Houston Storm May 22, 2024 The Texas Windstorm Insurance Association Board’s Legislative & External Affairs Committee met on May 21 to plan the association’s Biennial...
TWIA Board Approves $500M Line of Credit Ahead of 2024 Storm Season May 10, 2024 The Texas Windstorm Insurance Association (TWIA) Board of Directors met in Austin on May 7 for its second quarterly meeting...
TWIA Committee Recommends $6.5B as PML for 2024 Storm Season February 16, 2024 The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on February 13 and voted unanimously to recommend the TWIA...