Published Date: March 18, 2024
Claim Reporting Info for Storms in Brazoria County
TWIA is responding to policyholders affected by storms in the Brazoria County area over the weekend. Please do not attempt to report claims by fax, email, or US mail. TWIA policyholders who have wind or hail damage can report claims by: Having your TWIA policy number, best contact information, and damage details ready helps the reporting process. […]
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Published Date: March 18, 2024
Updating Factors for ABC Endorsement
We’re updating the factors for the Adjusted Building Cost (ABC) endorsement (TWIA-220) based on our annual review of building cost index data. The factors will be updated on April 1, 2024, and will apply to residential renewals effective on or after June 1, 2024. Key Points for Renewing Policyholders We’re Here to HelpFor questions […]
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Published Date: March 14, 2024
Protect Yourself from Phone Scams
Attention agents: Someone pretending to be a TWIA employee recently called a policyholder to try to obtain banking and credit card information. We urge agents and policyholders to exercise caution when receiving unsolicited phone calls or other forms of communication from anyone claiming to represent TWIA. Like other organizations, the Texas Windstorm Insurance Association has […]
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Published Date: February 29, 2024
Understanding Our Information Disclosure Practices
We take agent and policyholder privacy seriously and are committed to providing transparency about how TWIA handles the release of information. Below, you will find details about our information disclosure practices. This information is also available on the Privacy Policy page. TWIA does not conduct marketing activities and never sells or provides information about our policyholders to any […]
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Published Date: February 20, 2024
TWIA Board Sets $6.5 Billion as 1-in-100 Probable Maximum Loss For 2024 Storm Season, Will Pursue $3.35 Billion in Reinsurance
The Texas Windstorm Insurance Association Board of Directors met on February 20 and voted to establish $6.5 billion as the Association’s 1:100 probable maximum loss (PML) for the 2024 storm season. The 1:100 PML is the probable maximum loss for the Association for a catastrophe year with a probability of one in 100. This benchmark […]
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Published Date: February 13, 2024
TWIA Committee Recommends Board Set $6.5 Billion Probable Maximum Loss For 2024 Storm Season
The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on February 13 and voted unanimously to recommend the TWIA Board of Directors establish $6.5 billion as the Association’s 1:100 probable maximum loss (PML) for the 2024 storm season. The 1:100 PML is the probable maximum loss for the Association for a catastrophe year with […]
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Published Date: February 08, 2024
Public Invited to Comment as TWIA Board Meets in Galveston on 2024 Storm Season Funding
Essential Meeting Information: The Texas Windstorm Insurance Association’s Board of Directors will meet at the Moody Gardens Hotel in Galveston on Tuesday, February 20 at 9:00 a.m. CT. The Board is expected to determine the Association’s 1:100 probable maximum loss (PML) and reinsurance needs for the 2024 storm season. The meeting agenda and meeting materials […]
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Published Date: February 02, 2024
TWIA Actuarial & Underwriting Committee to Meet, Make Recommendation on Probable Maximum Loss for 2024 Storm Season Funding
Essential Meeting Information: The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee will meet on Tuesday, February 13 at 1:30 p.m. CT to discuss and potentially make a recommendation to the Board of Directors for determining TWIA’s statutorily required 1:100 probable maximum loss (PML) for the 2024 storm season. The meeting agenda and materials are […]
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Published Date: January 16, 2024
Latest Info on Our Process Changes
Attention agents: Last August, we shared the upcoming changes in TWIA processes from the Texas Legislature and how they will impact working with TWIA. We will continue to keep you informed of developments related to these legislative changes and provide additional resources and training throughout the year. Here are the latest updates on these laws and what to […]
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Published Date: December 12, 2023
TWIA Board Approves Budget, Keeps Agent Commissions Unchanged at Corpus Christi Meeting
The Texas Windstorm Insurance Association Board of Directors held its final quarterly meeting of the year on December 12 in Corpus Christi. In addition to receiving routine operational updates, the Board considered and took actions on the following agenda items: 2024 Budget: The Board voted to approve the Association’s budget for 2024. The budget projects that […]
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Published Date: December 05, 2023
Making the Most of TWIA Coverage: Increased Cost of Construction
Policyholders are often shocked to learn that standard insurance policies won’t pay for upgrades required by current building codes. TWIA’s Increased Cost of Construction (ICC) endorsement offers coverage for policyholders in these circumstances. Common items subject to building ordinances include doors, windows, garage doors, siding, insulation, electrical systems, framing, roofing, foundations, and elevation requirements. TWIA […]
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Published Date: December 01, 2023
Public Invited to Comment as TWIA Board Considers 2024 Association Budget, Agent Commissions at December 12 Meeting
Essential Meeting Information: The Texas Windstorm Insurance Association Board of Directors will meet at the Omni Hotel in Corpus Christi on Tuesday, December 12, 2023, at 9:00 a.m. The meeting agenda and meeting materials are available for public review. Among the items on the agenda for this meeting are: All meetings of the TWIA Board […]
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Published Date: November 21, 2023
Renewal Offer System Issue
Attention agents: We wanted to make you aware of a system issue that caused a delay in mailing renewal offers 35 days prior to policy expiration. The issue has been corrected. Important details As long as payment is received within the 10-day payment grace period, the payment and renewal will be processed as usual […]
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Published Date: October 31, 2023
TWIA Board Reviews 2024 Budget Information
The TWIA Board of Directors met on October 31 to review information related to the Association’s 2024 budget. Select highlights of the budget presentation include: The Board will consider final action regarding the budget at its December 12 meeting in Corpus Christi. Members of the media with questions about the Board meeting, please email MediaRelations@TWIA.org. […]
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Published Date: October 19, 2023
TWIA Board to Review 2024 Budget Information at October 31 Meeting
Essential Meeting Information: The Texas Windstorm Insurance Association (TWIA) Board of Directors will hold an interim meeting on Tuesday, October 31 at 10:00 a.m. CT to review preliminary information about the Association’s 2024 budget. The meeting agenda and materials are available. TWIA staff will preview the 2024 budget ahead of the Board’s December 12 […]
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Published Date: October 06, 2023
TWIA Policy Cancellations
Attention agents: TWIA has implemented a change to premium refunds on policies cancelled by the policyholder, in compliance with House Bill 3208 passed earlier this year. This change applies to policies effective 9/1/23 and after. Policies effective before 9/1/23: When a policy is cancelled by the policyholder, TWIA retains minimum earned premium of at least 90 days […]
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Published Date: September 22, 2023
TWIA Quoting & Renewal Process Survey
Attention agents: The Texas Windstorm Insurance Association (TWIA) invites agents to take a short survey on our quoting and renewal processes. Why is TWIA Collecting This Information?We are collecting this information in response to a recommendation by the Sunset Advisory Commission of the Texas Legislature (Recommendation 2.4) to establish separate agent commission rates for new policies and policy renewals […]
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Published Date: August 30, 2023
New Laws Changing TWIA Processes Going into Effect Soon
Attention agents: The Texas Legislature passed several new laws related to the Texas Windstorm Insurance Association (TWIA). Here is some information about these laws and how they will impact how agents do business with TWIA. The Association will be working over the coming weeks and months to update our processes and provide training and information […]
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Published Date: August 30, 2023
Policy Moratorium Lifted
The TWIA policy moratorium has been lifted and we are accepting new applications for coverage effective on or after 8/31/2023. Please contact our Policy Services team with any questions at agentservices@twia.org or (800) 788-8247. Our normal business hours are Monday-Friday, 8:00 a.m.-5:00 p.m.
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Published Date: August 29, 2023
Policy Moratorium in Effect Due to Hurricane Idalia
Tropical Storm Idalia reached hurricane status while within the 80 degrees west longitude and 20 degrees north latitude, which requires TWIA to put a policy moratorium in effect. With the current storm trajectory, Hurricane Idalia is not expected to be a threat to the TWIA coverage area. TWIA anticipates to resume accepting applications at 12:01 a.m. tomorrow, Wednesday, August […]
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Published Date: August 25, 2023
New TWIA Payment Feature
Attention agents: We have added a Payment History section to our portals! Agents and their clients can now find historical payment data in the following ways: TWIA Agent PortalWhen selecting a policy, click on Billing to find the Payment History located at the bottom of the billing page, including data related to received date, check or reference number, […]
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Published Date: August 22, 2023
Claim Reporting Info for Tropical Storm Harold
TWIA is ready to respond to policyholders affected by Tropical Storm Harold. If you are a TWIA policyholder impacted by Tropical Storm Harold and need to report a claim for wind or hail damage to your property, there are several 24/7 options available to you: Report a claim directly to TWIA by: Have your TWIA policy […]
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Published Date: August 21, 2023
Policy Moratorium Reminders
TWIA is monitoring ongoing storm activity that is expected to impact the Texas coast. Even though it is unlikely a policy moratorium will go into effect due to potential tropical storm Nine, we wanted to share this reminder. What happens when a policy moratorium is in effect? When could a policy moratorium go into effect? When there’s a hurricane in […]
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Published Date: August 18, 2023
Welcome to the new TWIA website!
The website was redesigned to better serve our valued policyholders, agents, and other stakeholders who play a vital role in our mission. This new website marks another step toward an improved user experience. We are enthusiastic about the positive impact it may have in simplifying your interactions with us. What has changed? The new website […]
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Published Date: August 08, 2023
TWIA to Submit 0% Rate Filing for 2024 Policies
The Texas Windstorm Insurance Association Board of Directors met on August 8 and voted not to increase 2024 residential and commercial policy rates. The Association will file a 0% rate change for its annual required rate filing with the Texas Department of Insurance by the August 15 statutory deadline. A recommendation by the Actuarial & […]
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Published Date: July 27, 2023
Public Invited to Comment as TWIA Board Considers Annual Rate Filing at August 8 Meeting
Essential Meeting Information: The Texas Windstorm Insurance Association Board of Directors will meet at the Tremont House in Galveston on Tuesday, August 8 at 9:00 a.m. CT. The Board is expected to consider the Association’s statutorily required annual rate filing for 2024 policies. The meeting agenda and materials are available. All meetings of the TWIA […]
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Published Date: July 11, 2023
TWIA Actuarial & Underwriting Committee Recommends 5% Increase in 2024 Residential Rates, 8% for Commercial
TWIA’s Actuarial & Underwriting Committee met on July 11 and voted to recommend that the TWIA Board of Directors approve a rate filing to increase rates by 5% for 2024 residential policies and by 8% for 2024 commercial policies when it meets on August 8. The recommendation, on a 3 to 1 vote, came after […]
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Published Date: June 28, 2023
Public Invited to Comment as TWIA Actuarial & Underwriting Committee Meets to Develop Rate Recommendation
Essential Information: The Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee will meet on Tuesday, July 11 at 10:00 am CT. The meeting agenda and materials are available. The Committee will review the 2023 Rate Adequacy Analysis prepared by the Association’s actuarial staff, receive public comment, and consider whether to recommend a change in […]
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Published Date: June 26, 2023
TWIA Posts 2023 Rate Adequacy Analysis
TWIA’s 2023 Rate Adequacy Analysis indicates that TWIA’s current rates are inadequate by 20 percent for residential coverage and 22 percent for commercial coverage. The Rate Adequacy Analysis is an estimate prepared by TWIA’s actuarial staff of whether rates are sufficient to cover the Association’s operating expenses and its expected losses from claims. The 2023 […]
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Published Date: June 23, 2023
Timeline for TWIA’s Annual Rate Filing Consideration
Essential Information: The Texas Windstorm Insurance Association’s (TWIA) annual rate filing consideration process is about to begin. By law, TWIA must make a rate filing with the Texas Department of Insurance by August 15 each year. TWIA’s Actuarial & Underwriting Committee typically meets in July before the rate filing date to decide on a rate […]
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Published Date: June 01, 2023
TWIA Issues 2023 Annual Report and Catastrophe Incident Response Plan
Texas 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 of the Code. TWIA’s 2023 Annual Report, covering the period from June 1, 2022 to May 31, 2023, shows that TWIA and its […]
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Published Date: May 23, 2023
TWIA Board Completes Financial Preparations for 2023 Storm Season
The Texas Windstorm Insurance Association Board of Directors met in Austin for its second quarterly meeting of 2023. The Board received an update on reinsurance funding for the 2023 storm season and routine operational highlights. The Board approved $4.5 billion in total funding for this year’s storm season at its April 18 meeting. The Board […]
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Published Date: May 12, 2023
TWIA Board to Meet in Austin on May 23
Essential Meeting Information: The Texas Windstorm Insurance Association Board of Directors will meet at the Marriott Austin South on Tuesday, May 23 at 9:00 a.m. CT. The meeting agenda is available. In addition to the Board’s consideration of routine Association updates, the Board will receive an update on reinsurance and catastrophe funding for the 2023 […]
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Published Date: April 18, 2023
TWIA Board to Maintain $4.5 Billion Catastrophe Funding Level for 2023
The TWIA Board of Directors held an interim meeting on April 18 to review options for reinsurance beyond its statutory funding requirement and will not pursue additional reinsurance beyond the $2.24 billion that it decided to secure at its January meeting. The Board received a presentation from Gallagher Re, the Association’s reinsurance broker, on reinsurance […]
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Published Date: April 06, 2023
TWIA Board to Receive Update, Take Possible Action on Reinsurance Purchase for 2023 Storm Season
Essential Meeting Information: TWIA’s Board of Directors will meet on Tuesday, April 18 at 2:30 p.m. CT to receive an update and take possible action on the Association’s reinsurance purchase for the 2023 storm season. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual […]
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Published Date: February 14, 2023
TWIA Board Reviews Progress on 2023 Reinsurance Program
The Texas Windstorm Insurance Association Board of Directors met in Galveston on February 14 for its first quarterly meeting of 2023. At the meeting, TWIA staff provided the Board with an overview of the Association’s financial statements and department operational reports. The Board clarified the direction made at its January 19 meeting and asked staff […]
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Published Date: February 03, 2023
TWIA Board to Meet in Galveston on February 14
Essential Meeting Information: TWIA’s Board of Directors will meet at the Moody Gardens Hotel in Galveston on Tuesday, February 14 at 9:00 a.m. CT. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual or in-person comments at the meeting. The Texas Windstorm Insurance Association’s […]
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Published Date: January 19, 2023
TWIA Board Sets $4.5 Billion as 1-in-100 Year Probable Maximum Loss for 2023 Storm Season
The Texas Windstorm Insurance Association Board of Directors met on January 19 and voted to establish $4.5 billion as the Association’s 1:100 probable maximum loss (PML) for the 2023 storm season. The 1:100 PML specifies the minimum amount of reinsurance needed to meet the Association’s statutory funding obligations. The Board further directed TWIA staff and […]
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Published Date: January 11, 2023
TWIA Committee Recommends Board Set $5.2 Billion Probable Maximum Loss for 2023 Storm Season
The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on January 11 and voted to recommend the TWIA Board establish $5.2 billion as the Association’s 1:100 probable maximum loss (PML) for the 2023 storm season. The 1:100 PML specifies the minimum amount of reinsurance needed to meet the Association’s statutory funding obligations. The Committee […]
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Published Date: January 06, 2023
TWIA Board to Meet to Determine Probable Maximum Loss for 2023 Storm Season Funding
Essential Meeting Information: TWIA’s Board of Directors will meet on Thursday, January 19 at 10:00 a.m. CT to determine the Association’s 1:100 probable maximum loss (PML) for the 2023 storm season. The TWIA Board is expected to consider a recommendation on the determination of the 1:100 PML from the Actuarial & Underwriting Committee, which meets […]
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Published Date: December 22, 2022
TWIA Actuarial & Underwriting Committee to Meet, Make Recommendation on Probable Maximum Loss for 2023 Storm Season Funding
Essential Meeting Information: TWIA’s Actuarial & Underwriting Committee will meet on Wednesday, January 11 at 10:00 a.m. CT to make a recommendation on probable maximum loss for the Association’s 2023 storm season funding. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual or in-person […]
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Published Date: December 13, 2022
TWIA Board Meets in Corpus Christi, Moves Forward on 2023 Reinsurance
The Texas Windstorm Insurance Association Board of Directors met on December 13 for its final quarterly meeting of 2022. The Board voted to begin the process of securing funding for the 2023 storm season. TWIA’s Actuarial & Underwriting Committee and the Board will hold meetings in January to determine the Association’s statutorily required 1:100 probable […]
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Published Date: December 02, 2022
TWIA Board to Meet in Corpus Christi on December 13
Essential Meeting Information: The TWIA Board of Directors will meet in Corpus Christi on Tuesday, December 13 at 9:00 a.m. CT. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual or in-person comment during the meeting. The Texas Windstorm Insurance Association Board of Directors […]
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Published Date: November 02, 2022
TWIA Board Reviews 2023 Budget Information
The TWIA Board of Directors met on November 2 to review preliminary information related to the Association’s 2023 budget. Select highlights of the budget presentation include: TWIA policies in-force are projected to increase over 2023 to an estimated 232,209 by year end. Direct written premiums are projected to grow to $560 million. The draft 2023 […]
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Published Date: October 20, 2022
TWIA Board to Meet to Review 2023 Budget Information on November 2
Essential Meeting Information: The TWIA Board of Directors will meet on Wednesday, November 2 at 10:00 a.m. CT to review preliminary information about the Association’s 2023 budget. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual or in-person comment at the meeting. The TWIA […]
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Published Date: September 21, 2022
Board of Directors Selects David Durden as TWIA General Manager
Today the Board of the Texas Windstorm Insurance Association selected its chief legal and legislative officer, David Durden, to be the association’s next General Manager after an extensive months-long search process, effective October 1, 2022. TWIA Board chair Chandra Franklin Womack said, “It is with great pride that I announce the Board’s decision to promote […]
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Published Date: September 14, 2022
TWIA Board Interviews General Manager Candidates
The Texas Windstorm Insurance Association (TWIA) Board of Directors met on September 14 to interview candidates for TWIA General Manager. The Board voted to conduct in-person interviews of finalists at its next meeting on September 21. Members of the media with questions about the Board meeting, please email MediaRelations@TWIA.org. The agenda and archived recording for […]
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Published Date: September 09, 2022
TWIA Board to Meet to Consider Candidates for General Manager
Essential Meeting Information: The TWIA Board of Directors will meet on Wednesday, September 21 at 10:00 a.m. CT regarding candidate interviews and potential action on a hiring decision for TWIA’s General Manager. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual or in-person comment […]
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Published Date: September 08, 2022
TWIA Committee Considers General Manager Candidates
The TWIA Board’s Executive Search Committee met on September 8 to evaluate candidates for TWIA’s General Manager. The Committee directed the recruiter for the General Manager role to arrange interviews with selected candidates for the September 14 TWIA Board meeting. Members of the media with questions about the Committee meeting, please email MediaRelations@TWIA.org. The agenda […]
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Published Date: September 02, 2022
TWIA Board to Meet to Consider Candidates for General Manager
Essential Meeting Information: TWIA’s Board of Directors will meet on Wednesday, September 14 at 10:00 a.m. CT regarding candidate interviews and potential action on a hiring decision for TWIA’s General Manager. Access the meeting agenda. Members of the public can provide written comments via email before the meeting or provide virtual or in-person comment at […]
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