Texas Windstorm Insurance Association

TWIA: Increased coverage = increased premiums

Texas Windstorm Insurance Association (TWIA) policyholders will receive an automatic increase in coverage of approximately 11%, reflecting an increase in building costs, and drive up the costs of premiums associated with most policies that accept the added coverage.

TWIA talks legislation changes

The Texas Windstorm Insurance Association shared information and statements about the Texas legislature’s passage of two bills with impacts to consumers of the windstorm coverage.

TWIA readies for hurricane season

Texas Windstorm Insurance Association Board of Directors met May 18 and approved the renewal of a line of credit to allow for quickly paying claims in the event of a catastrophic storm impacting the Texas coast this year.

TWIA to again talk rates

The Texas Windstorm Insurance Association (TWIA) Board of Directors will hold a public workshop meeting via Zoom to study issues related to rates on Wednesday, April 21, at 1 pm. No action on a rate filing will be taken at the workshop meeting.