TWIA to Consider 1:100 PML for 2024 Storm Season at Upcoming Meeting February 6, 2024 The Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee will meet on Tuesday, Feb. 13 to discuss and potentially...
TWIA Board Votes to Maintain Agent Commissions at 16% After Hearing Testimony on Impact December 14, 2023 By Ezra Amacher The Texas Windstorm Insurance Association held its final quarterly meeting on Dec. 12 in Corpus Christi, where the board of...
TWIA Board of Directors to Consider 2024 Budget at Upcoming Meeting December 4, 2023 The Texas Windstorm Insurance Association (TWIA) Board of Directors will meet next week to consider the association’s 2024 budget. The...
Climate Change, Natural Disasters Sent Texas Homeowners Insurance Rates Skyrocketing in 2023 December 1, 2023 By Erin Douglas, The Texas Tribune Insurance companies across Texas have dramatically increased home insurance rates this year, state filings show, as climate change spooks executives...
TWIA Expects Policy Count to Grow in 2024, Reaching 265,000 by Year End November 7, 2023 The Texas Windstorm Insurance Association (TWIA) expects policy count to continue to grow in 2024, the association’s Board of Directors...
TWIA Board to Hold Interim Meeting to Discuss 2024 Budget October 20, 2023 The Texas Windstorm Insurance Association (TWIA) Board of Directors will hold an interim meeting on Tuesday, October 31 at 10:00...
TWIA Board Votes Down Recommended Rate Increases August 9, 2023 Though an analysis found rates at Texas’ insurer of last resort to be about 20% inadequate, its board on Tuesday...
TWIA Committee Recommends 5% Increase in 2024 Residential Rates, 8% for Commercial July 12, 2023 The Texas Windstorm Insurance Association Actuarial & Underwriting Committee met Tuesday, July 11 and voted to recommend increasing rates for...
TWIA Committee to Review 2023 Rate Adequacy at July Meeting July 3, 2023 The Texas Windstorm Insurance Association (TWIA) Actuarial and Underwriting Committee will meet July 11 to review the association’s 2023 rate...
TWIA Finalizes Funding for 2023 Storm Season May 24, 2023 By Ezra Amacher The Texas Windstorm Insurance Association Board of Directors met in Austin Tuesday to finalize financial preparations for the 2023 storm...