rate adequacy News

TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies

The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board of Directors approve a rate filing to increase rates by 10% for 2025 residential policies and by 10% for 2025 …

Texas Windstorm Insurer Actuarial Committee to Meet Again for Rate Review

The Actuarial & Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) will meet Tuesday, Nov. 19 at 1:30 pm for review and possible action regarding development of recommendations to the association’s board of directors concerning rate filings as permitted …

Texas Windstorm Insurer Seeks Input for Actuarial & Underwriting Committee

Texas insurer of last resort for properties along the state’s coast is seeking input from the public in advance of a meeting of its Actuarial & Underwriting Committee. The Texas Windstorm Insurance Association’s (TWIA’s) Actuarial & Underwriting Committee will meet …

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 …