The Texas Department of Insurance (TDI) has issued a data call for information from certain insurance companies writing property insurance in Texas during calendar year 2020. The information will be used by the Texas Windstorm Insurance Association to calculate participation shares if assessments become necessary in 2021.
The reporting period is for Jan.1, 2020, through Dec. 31, 2020. Responses are due by June 30, 2021.
Applicability
Companies that fall into one of the categories described below are required to respond to this data call. A company subject to this data call must submit the data call form and affidavit to TDI even if the company does not write any applicable business in the Texas catastrophe area.
- Category 1: Companies reporting 2020 Texas commercial property or businessowners statistical data to TDI’s commercial lines statistical agent, Insurance Services Office, Inc. (ISO), under a minimum or limited reporting format that does not include place-code- or ZIP-code-level detail. This category specifically includes companies reporting under the TDI minimum reporting guidelines for commercial lines statistical reporting.
- Category 2: Companies reporting 2020 Texas commercial property or businessowners statistical data to ISO, under a full reporting plan format in which all four quarters of 2020 data have not been fully accepted by ISO as of February 28, 2021. Companies in this category must report premiums for the entire year, not just the quarters of 2020 that ISO has not fully accepted.
- Category 3: Farm mutual insurance companies acting as fronting insurers, as defined by Insurance Code Section 221.001(c), that wrote property insurance in 2020.
Submission Requirements
Companies must complete the data call using the TWIA Data Call Form. This form requires Adobe Acrobat Standard 9.0, Adobe Professional 9.0, Adobe Reader 9.0, or a more recent version.
Complete and email or fax the TWIA Data Call Affidavit separately from the Data Call Form.
Visit the TDI website for reporting instructions and related information.
Topics Catastrophe Carriers Texas Data Driven
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