On October 12, Governor Greg Abbott sent a letter to Insurance Commissioner Kent Sullivan suspending section 2210.352 of the Texas Insurance Code that prescribes the process for TWIA’s annual rate-filing. In short, he has paused the rate increase decision until after the 2019 legislative session. You can read the letter here.
We remain committed to serving our policyholders on the coast as we await any direction that may be provided by the Department of Insurance.
We will continue to keep the agent community informed on this and other important subjects via bulletins (join our mailing list) and our website.