The Texas Windstorm Insurance Association Board of Directors will meet at the Austin Marriott South on May 23 at 9 a.m. In addition to the TWIA board’s consideration of routine association updates, the board will receive an update on reinsurance …
The Texas Windstorm Insurance Association Board of Directors will meet next week in Corpus Christi to approve next year’s budget among other business. The board is expected to consider filling the vacant position of board secretary/treasurer, approval of the 2023 …
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 …
The Coastal Windstorm Insurance Coalition in Texas is celebrating its 50th anniversary this year. Established originally as the Windstorm Action Committee in Galveston, the coalition has expanded in recent years to include representatives from coastal communities along the Texas Coast. …
The Texas Windstorm Insurance Association has begun its annual rate filing process, which will kick off with a July 21 meeting. TWIA’s Actuarial & Underwriting Committee is set to review the rate adequacy analysis prepared by the association’s actuarial staff. …
The Texas Windstorm Insurance Association has posted its 2021 Rate Adequacy Analysis for public review. The analysis indicates that TWIA’s current rates are inadequate by 39% for residential coverage and 46% for commercial coverage. TWIA’s analysis consists of several PDF …
Numerous measures relating to the Texas Windstorm Insurance Association were filed in the Texas Legislature in 2021 and four made it to Gov. Greg Abbott’s desk. One, House Bill 769, has only two provisions. Authored by Rep. Mayes Middleton and …
Texas regulators have denied a request for a 5% rate increase by the state’s insurer of last resort for wind and hail for properties along the Texas coast. The Texas Department of Insurance (TDI) has rejected the Texas Windstorm Insurance …
July 17 was the last day the Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee accepted comments on its annual rate filing process, which officially begins on July 21 when the committee meets to to review the annual Rate …
The Texas Windstorm Insurance Association has filed the following revised endorsements with the Texas Department of Insurance for approval: Revised Endorsement No. 164 – Replacement Cost Coverage – Coverage A (Building) and Coverage B (Business Personal Property). Revised Endorsement No. …
