Compared with 2017, last year’s hurricane season was a relatively quiet one for the Gulf Coast states of Louisiana and Texas, with major U.S. storm systems such as Hurricanes Michael and Florence staying well to the east, impacting Florida and …
Texas Gov. Greg Abbott has effectively extended until June 16, 2019, the deadline for approval or disapproval of a recent rate increase filed by the Texas Windstorm Insurance Association. The governor did so by suspending a section of the Insurance …
While the Texas Windstorm Insurance Association is not subject to closure by the state’s Sunset Commission, the insurer is subject to periodic review by the commission as required by the Texas Sunset Act. As it begins its review of TWIA, …
The board of directors of the Texas Windstorm Insurance Association has authorized staff to seek regulatory approval for a $175 million assessment to TWIA’s insurance company members for losses associated with Hurricane Harvey. The assessment OK’d by the association’s board …
The Houston Chronicle reports that several school districts, cities and other government agencies are still waiting for a Texas insurer to pay nearly $60 million in claims from Hurricane Ike, adding to more insurance worries in the wake of Hurricane …
In laying out the interim committee charges for the next legislative session, which will begin in January 2019, Texas House Speaker Joe Straus focused on Hurricane Harvey’s impact on the state. Almost every House committee received at least one charge …
Texas Insurance Commissioner Kent Sullivan has declined to approve a request by the Texas Windstorm Insurance Association to raise the maximum limits of liability on windstorm and hail policies. TWIA in August filed a request to increase the limits for …
The Texas Windstorm Insurance Association said it has initiated its catastrophe plan and that it is ready for Tropical Storm Harvey. Tropical Storm Harvey has crossed the boundaries of 80 degrees west longitude and 20 degrees north latitude, but as …
When the opening ceremony of the Olympics in Rio highlighted climate change, it wasn’t hard to imagine the buzz – positive and negative – that would be generated. The show included references to rising sea levels, and an animated GIF …
Texas Windstorm Insurance Association member companies that want to participate in the Assumption Reinsurance Depopulation Program may now submit required documentation to both TWIA and the Texas Department of Insurance (TDI), the organization announced. The deadline for submissions is Aug. …
