April 19, 2018
The deadlines for a Texas Windstorm Insurance Association (TWIA) claimant to demand appraisal of a claim for damages caused by Hurricane Harvey have been extended, the Texas Department of Insurance reports. An extension of 30 days has been granted for …
February 14, 2018
The Texas Windstorm Insurance Association (TWIA) announced that its Policy Center for commercial and manufactured home policies is live and available for agents to use. TWIA said agents must now use Policy Center for all new policy submissions, regardless of …
October 10, 2017
As of Oct. 4, the Texas Windstorm Insurance Association (TWIA) had received 68,861 claims related to Hurricane Harvey. TWIA is the insurer of last resort for wind and hail along the Texas coast. Affected policyholders, should have received or will …
September 18, 2017
To process tens of thousands of auto and property claims with losses already well into the billions of dollars, insurance companies have adjusters camping out across Texas. The Houston Chronicle reports in one case, the adjusters — many of whom …
June 1, 2017
The Texas Windstorm Insurance Association (TWIA) says it is financially sound and ready for the 2017 hurricane season by once again securing $4.9 billion in total funding. In a media release, TWIA said its 2017 season funding includes a contribution …
May 3, 2017
The Texas Department of Insurance (TDI) has issued a special data call to companies writing direct commercial property or business owners insurance in Texas during calendar year 2016, seeking information that would help the Texas Windstorm Insurance Association calculate participation …
April 11, 2017
The Texas Department of Insurance is looking for people to serve on the board that governs the Fair Access to Insurance Requirements (FAIR) Plan, which provides residential property insurance in underserved areas where it’s not readily available through the private …
November 10, 2016
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 …
June 3, 2016
With its reinsurance program now in place, the Texas Windstorm Insurance Association (TWIA) says it is in its strongest-ever position for this year’s hurricane season with $4.9 billion in total funding available to pay claims. TWIA is the insurance carrier …
May 27, 2016
While its reinsurance plans for the 2016 hurricane season haven’t yet been nailed down, Texas’ insurance company of last resort for wind and hail along the Texas coast expects to have around $4.9 billion in available funds for paying claims …