Texas Windstorm Insurance Group Getting Update on Cat Funding for 2023 Season

May 15, 2023

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 and catastrophe funding for the 2023 storm season from Gallagher Re, the association’s reinsurance broker.

The board will also consider and take possible action on a line of credit to allow for the quick payment of claims in the event of a catastrophic storm impacting the Texas coast this year.

All meetings of the TWIA Board of Directors and its committees are open to the public. The public may attend and make public comment in person at the Austin Marriott South or virtually via Zoom.

The meeting agenda is available on the group’s website. Members of the public can submit written comments via email at PublicComment@TWIA.org. Parties are encouraged to submit comments by noon on May 19.

Topics Catastrophe Mergers & Acquisitions Natural Disasters Texas Windstorm

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