The Texas Windstorm Insurance Association Board of Directors met last week to review information related to the agency’s 2025 budget. The meeting presented new information on TWIA losses from 2024 storms as projected policy growth in the coming year. The …
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 (TWIA) Board of Directors will hold an interim meeting on Wednesday, November 2 at 10:00 a.m. CT to review preliminary information about the Association’s 2023 budget. The meeting agenda available on TWIA‘s website.TWIA staff will …
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 …
The insurance committee in the Texas House of Representatives will hold a hearing on Jan. 15 to consider the state of rulemaking and other governmental actions with regard to legislation passed in 2019 affecting Texas’ property insurer of last resort …
The Texas Windstorm Insurance Association board of directors voted today to assess member insurance companies $90 million based on losses from Hurricane Harvey and voted to defer further consideration of action regarding TWIA insurance rates on residential and commercial policies …
When the opening ceremony of the Olympics in Rio highlighted climate change, it wasn’t hard to imagine the buzz – positive and negative – that would be generated. The show included references to rising sea levels, and an animated GIF …
The Texas Windstorm Insurance Association has transferred $262.7 million into its Catastrophe Reserve Trust Fund as a result of its 2014 operations. The transfer brings the CRTF total to its largest balance at roughly $480 million. As part of overall …
