maximum limits of liability News

TWIA to File for Rate Increase; TDI Proposes Member Assessment Rule Change

The property insurer of last resort for wind and hail in counties along the Texas coast will file for a 5% rate hike for both residential and commercial properties in its required annual filing with the Texas Department of Insurance. …

Higher Limits of Liability for 2020 Disapproved for Texas Windstorm Insurer

In mid-October, Texas Insurance Commissioner Kent Sullivan denied a request by the Texas Windstorm Insurance Association (TWIA) to raise its maximum liability limits for new and renewal policies with an effective date of Jan. 1, 2020, or later. TWIA is …

Texas Windstorm Insurer: No Rate Hike for 2020

Texas’ provider of last resort for wind and hail insurance for Texas coastal properties won’t be raising its residential and commercial property rates next year. The Texas Windstorm Insurance Association (TWIA) said its board of directors voted at its August …

Texas Windstorm Insurer’s Request to Hike Liability Limits Denied

Texas Insurance Commissioner Kent Sullivan has declined to approve the request by the state’s property insurer of last resort for wind and hail along the Texas coast to increase maximum limits of liability for certain types of property. The Texas …

Texas to Hold Hearing on Windstorm Association Maximum Limits

The Texas Department of Insurance has scheduled a public hearing to consider the Texas Windstorm Insurance Association’s (TWIA) petition related to the maximum limits of liability for windstorm and hail insurance policies covering the following: residential dwellings and individually owned …

Texas Holds Oct. 30 Hearing on Windstorm Liability Limit Increases

The Texas Department of Insurance will hold a hearing on Oct. 30 to consider a petition by the Texas Windstorm Insurance Association to raise the maximum limits of liability for windstorm and hail insurance policies covering residential dwellings and individually-owned …