The Texas Department of Insurance has scheduled a public hearing for Aug. 22, 2006, at 10:00 a.m., for Docket No. 2643: Consideration of a petition by the Texas Windstorm Insurance Association (TWIA) requesting approval of a reinsurance program to operate in concert with the catastrophe reserve trust fund established under the Insurance Code Article 21.49 §8(i).
The new program is proposed to be effective as of June 1, 2006. (Reference No. P-0606-10). The hearing is held pursuant to the Insurance Code Article 21.49 §5A.
The hearing will take place in the Hobby Building, 333 Guadalupe, Hearing Room 100.
Source: Texas Department of Insurance
Topics Catastrophe Natural Disasters Texas Windstorm Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
