The Texas Windstorm Insurance Association has submitted new mandatory endorsements for its dwelling and commercial insurance policies to the Texas Department of Insurance for approval. The endorsements add storm doors to the list of items in the “Property Not Covered” …
The Texas Windstorm Insurance Association (TWIA), the state created insurer of last resort for 14 coastal counties and parts of Harris County, reports that nearly 14,000 claims were filed after violent spring thunderstorms brought hail, wind and flood damage across …
Texas Insurance Commissioner David Mattax has denied a request by the Texas Windstorm Insurance Association (TWIA) to increase limits of liability for residential and commercial properties it insures along the Texas coast. TWIA is the insurer of last resort for …
The Texas Department of Insurance will hold a public hearing on a request by the Texas Windstorm Insurance Association to increase maximum policy liability limits. The hearing under Docket No. 2780 will be held at 10:30 a.m., on Thursday, Oct. …
The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. Under Senate Bill 900, the board will include: Three board members …
The Texas Windstorm Insurance Association (TWIA) and Texas FAIR Plan Association (TFPA) began responding to policyholders impacted by the severe weather that affected a number of Texas communities last week and over the weekend. As of April 20, TWIA and …
The Texas Windstorm Insurance Association alerted agents that as of May 1, 2015, TWIA would begin implementing an agency compliance program in order to verify agent documentation of private insurer coverage declinations and proof of flood insurance coverage on TWIA …
The Texas Windstorm Insurance Association has transferred $262.7 million into its Catastrophe Reserve Trust Fund as a result of its 2014 operations. The transfer brings the CRTF total to its largest balance at roughly $480 million. As part of overall …
A Texas lawmaker says thousands of coastal residents could lose their windstorm insurance coverage if the Legislature doesn’t extend a program that provides waivers for those who have been nonrenewed for coverage by a private insurer. Republican state Sen. Larry …
Texas lawmakers are expected to file legislation this year aimed at stemming the tide of property claims litigation in the wake of catastrophic weather events, such as hailstorms. Proponents of such legislation would like to see a measure that limits …
