Texas Windstorm Insurance Association (TWIA) News

TWIA Expert Panel Working on Methods to Assess Wind/Water Property Loss

A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas coast expects to have the first of four study components ready for consideration next month. The mission of the Texas …

Texas Windstorm Insurance Association Disavows Racism Allegations

Texas’ insurer of last resort in coastal areas has denied allegations that a culture of racism has existed within the organization. Responding to claims by a Houston-based trial lawyer that employees of the Texas Windstorm Insurance Association often used racist …

Commissioner Denies TWIA’s Request to Raise Liability Limits

The primary windstorm insurer for Texas coastal properties won’t be raising limits of liability next year for property it covers. Insurance Commissioner Julia Rathgeber has denied a request by the Texas Windstorm Insurance Association to raise the limits on both …

Texas Insurance Community Aims High in United Way Campaign

Texas insurance companies and agency partners are challenging themselves and other insurance industry professionals to raise the bar for philanthropy and volunteerism on behalf of the United Way for Greater Austin. So far they are on track, with contributions coming …

No Insurer Assessments for TWIA, for Now

Despite pleas from officials and policyholders in Texas Gulf Coast communities, the board of the state’s insurer of last resort for wind along the coast has decided not to assess its member insurance companies for losses resulting from Hurricane Ike. …