Assumption Reinsurance Depopulation Program News

Texas Windstorm Policy Assumption Program to Begin Soon

The Texas Windstorm Insurance Association will soon begin its annual program designed to move policies out of the residual market for wind and hail along the Texas coast. This will be the third round for the Assumption Reinsurance Depopulation Program …

TWIA: Agents Approve 18K Policies for Transfer to Depopulation Program

The Texas Windstorm Insurance Association (TWIA) announced the passage of an important milestone in its Assumption Reinsurance Depopulation Program (Assumption program): agents have approved 18,000 policies for possible transfer from TWIA to participating private market insurers. The agent review period …

Texas Windstorm Insurer: Submit Depopulation Documentation by August 25

Texas Windstorm Insurance Association member companies that want to participate in the Assumption Reinsurance Depopulation Program may now submit required documentation to both TWIA and the Texas Department of Insurance (TDI), the organization announced. The deadline for submissions is Aug. …