The Texas Department of Insurance is accepting applications for a number of boards and committees, including for the Surplus Lines Stamping Office of Texas (SLTX) board of directors and the Texas Windstorm Insurance Association (TWIA) board. Two public member positions …
When the board of directors of Texas’ property insurer of last resort for wind and hail along the Texas coast meets in December, its members will be considering a 5% rate increase recommended by the organization’s actuarial and underwriting committee. …
Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a tornado — …
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 …
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 …
The board of directors of the Texas Windstorm Insurance Association (TWIA) have elected two individuals to fill the recently vacated executive positions of vice chair and secretary-treasurer. TWIA public representative member Chandra Womack has been elected vice chair and insurer …
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 …
In advance of its Aug. 6 board meeting in Galveston, the insurer of last resort for wind and hail in counties along the Texas coast said it has determined its residential coverage rates are inadequate by 41.7 percent and its …
Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. By comparison, at the start of the hurricane season in 2017 the …
Texas’ property insurer of last resort for wind and hail along the Texas coast voted at a May 24, 2019, meeting of its board of directors to withdraw a 10% rate increase filed last year that was subsequently put on …
