TWIA Board Votes No Rate Increase for Annual Filing
Published on: August 2, 2022The Board of Directors of the Texas Windstorm Insurance Association (TWIA) voted not to increase rates for 2023 windstorm insurance policies. The Association will file for a 0% rate change in its […]
Read MorePublic Invited to Comment as TWIA Board Considers Annual Rate Filing at August 2 Meeting
Published on: July 22, 2022Essential Meeting Information The TWIA Board of Directors will meet on August 2 to consider the Association's statutorily required annual rate filing. TWIA's Rate Adequacy Analysis indicates that current rates are inadequate […]
Read MoreTWIA Committee Finalizes Recommendations to Board on Legislative Report
Published on: July 20, 2022The TWIA Board’s Legislative & External Affairs Committee met on July 20 and adopted legislative recommendations to include in the Association’s Biennial Report to the Texas Legislature. The Committee’s legislative recommendations will […]
Read MoreTWIA Actuarial & Underwriting Committee Recommends No Change in Rates
Published on: July 18, 2022TWIA’s Actuarial & Underwriting Committee met on July 18 and recommended that the TWIA Board of Directors vote to make a rate filing with no change in residential or commercial rates when it […]
Read MorePublic Invited to Comment as TWIA Committee Meets to Develop Report to Texas Legislature
Published on: July 8, 2022Essential Meeting Information: TWIA's Legislative & External Affairs Committee will meet on Wednesday, July 20, at 9:00 a.m. CT to continue work on legislative recommendations for TWIA’s Biennial Report. Access the meeting […]
Read MorePublic Invited to Comment as TWIA Actuarial & Underwriting Committee Meets to Consider Rate Recommendation
Published on: July 7, 2022Essential Information: The Actuarial & Underwriting Committee will meet on July 18 to consider a recommendation to the TWIA Board on rates. TWIA's Rate Adequacy Analysis indicates that current rates are inadequate […]
Read MoreTWIA Posts 2022 Rate Adequacy Analysis
Published on: July 1, 2022TWIA’s 2022 Rate Adequacy Analysis indicates that TWIA’s current rates are inadequate by 15 percent for residential coverage and 11 percent for commercial coverage. The Rate Adequacy Analysis is a professional estimate […]
Read MoreThe Future of Printed Quotes
Published on: June 30, 2022Attention agents: Thank you to everyone who completed our survey about printed quotes. Your feedback will help guide how we design a quote summary document for the New Agent Portal. Survey Results 315 […]
Read MoreAdjusted Building Cost Endorsement: Inflation Impacts TWIA Policies Effective September 15
Published on: June 27, 2022Updated August 8, 2022: View frequently asked questions about TWIA premiums and the Adjusted Building Cost Endorsement. Attention agents: Starting September 15, policyholders renewing their residential TWIA policies will see substantial coverage […]
Read MoreTWIA Committee Continues Work on Legislative Recommendations Report to Board
Published on: June 24, 2022The TWIA Board’s Legislative & External Affairs Committee met on June 24 to continue planning legislative recommendations to the Board of Directors for the Association’s Biennial Report to the Texas Legislature. The […]
Read MoreTimeline for TWIA’s Annual Rate Filing Consideration
Published on: June 22, 2022Essential Information: TWIA is required to submit a rate filing to the Texas Department of Insurance by August 15 each year. All rate increases are subject to review and approval by the […]
Read MorePublic Invited to Comment as TWIA Committee Meets to Develop Report to Texas Legislature
Published on: June 10, 2022Essential Meeting Information: TWIA's Legislative & External Affairs Committee will meet on Friday, June 24, at 10:00 a.m. CT. Access the meeting agenda and materials on TWIA’s website. To make public comment, […]
Read MoreTraining on Renewals in the New Agent Portal
Published on: June 9, 2022Attention agents: From June 20-23, we will host training webinars about the renewal process in the New Agent Portal. Space is limited - register today to save your spot. Starting July 18, […]
Read MoreRenewals in the New Agent Portal
Published on: June 6, 2022Attention agents: Starting July 18, 2022, you will need to work all renewals in the New Agent Portal. While most of the process will be the same as in the Old Agent […]
Read MoreTWIA Issues 2022 Annual Report and Catastrophe Incident Response Plan
Published on: June 1, 2022Texas Insurance Code Section 2210.107(c) requires TWIA to produce an Annual Report to the Texas Legislature detailing the extent to which the Association and the Board of Directors have met the requirements […]
Read MoreHurricane Season Is Here. Are You Ready?
Published on: June 1, 2022Make sure you are ready to recover after a hurricane hits the coast. Hurricane season runs from June 1 through November 30. This year, the National Oceanic and Atmospheric Administration (NOAA) forecasts […]
Read MoreMortgagee Escrow Payments in the New Agent Portal
Published on: May 25, 2022Attention agents: We hear that you need the flexibility to make online payments on behalf of your clients when signing them up for mortgagee escrow in the New Agent Portal. For new […]
Read MoreAgents, How Do You Use Printed Quotes?
Published on: May 19, 2022Attention agents: How do you use printed quotes? How do you want to use them? Or for them to look? Fill out this brief survey to let us know. Click Here to […]
Read MoreTWIA Board Finalizes Financial Preparations for 2022 Hurricane Season
Published on: May 17, 2022The TWIA Board of Directors met on May 17 for their second quarterly meeting of 2022. The Board approved a $500 million line of credit to enhance the Association's liquidity if a […]
Read MorePublic Invited to Comment as TWIA Board Meets in Austin on May 17
Published on: May 6, 2022Essential Meeting Information: TWIA’s Board of Directors will meet on Tuesday, May 17, 2022, at 9:00 a.m. CT at the Hyatt Regency Hotel, 208 Barton Springs Road, Austin, TX 77554. Access the […]
Read More