TWIA
Announcements
TWIA Committee to Gather More Information on Rates and Modeling
Published on: September 22, 2020The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met today and reviewed a presentation and report by actuarial consulting firm Willis Towers Watson (WTW) on TWIA’s rate adequacy and use of hurricane […]
Read MoreTropical Storm Beta Update, No Moratorium Planned
Published on: September 21, 2020TWIA is closely monitoring Tropical Storm Beta. The National Hurricane Center predicts Beta will produce tropical storm conditions along the Texas coast as it makes landfall today, September 21. At this time, […]
Read MoreSystem Issue – Policy Moratorium Is NOT in Effect
Published on: September 14, 2020Update: This issue has been resolved. Please note that a policy moratorium is not in effect for TWIA. We are working on a system glitch that is causing Policy Center to not […]
Read MorePublic Invited to Comment as TWIA Committee Considers Independent Rate Report and Rate Change Recommendation at September 22 Meeting
Published on: September 8, 2020The Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee will meet on Tuesday, September 22 to review an independent report on TWIA’s rate adequacy and make a report/recommendation to the Board […]
Read MoreMoratorium Lifted
Published on: August 29, 2020On Saturday, August 29, 2020, at 12:01 a.m., TWIA lifted the policy application moratorium and is accepting new or increased coverage applications. Policies that were submitted during the moratorium will be reviewed […]
Read MoreMoratorium Remains in Effect. Here’s Why.
Published on: August 28, 2020Currently, the Texas Windstorm Insurance Association is still operating under a policy moratorium and not accepting applications for new or increased coverage. Per the TWIA Plan of Operation, we will remain under […]
Read MoreHurricane Laura Updates
Published on: August 27, 2020Hurricane Laura made landfall early morning on Thursday, August 27. Initial claim numbers are lower than anticipated; however, we are just beginning our assessment of the impact of this storm. We will […]
Read MoreTWIA Moratorium Extended
Published on: August 25, 2020Hurricane Marco was downgraded to a tropical depression before briefly making landfall in Louisiana and dissipating. Although Marco no longer poses a threat to the TWIA coverage areas, Hurricane Laura has entered […]
Read MorePolicy Moratorium in Effect
Published on: August 23, 2020The United States Weather Bureau has upgraded Tropical Storm Marco into Hurricane Marco, and it is already within the boundaries of 80 degrees west longitude and 20 degrees north latitude. Effective 11:30 […]
Read MoreCAT Plan Activated
Published on: August 21, 2020We are closely monitoring developments related to Tropical Storm Laura and Tropical Depression 14 in the Caribbean. Considering the uncertainty surrounding the ultimate paths of these storms, TWIA has activated our Catastrophe […]
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