Published Date: May 10, 2024
Public Invited to Comment as TWIA Committee Meets to Plan Report to Texas Legislature
Essential Meeting Information: The TWIA Board’s Legislative & External Affairs Committee will meet on May 21 at 10:00 a.m. CT. At this meeting, the Committee will begin planning the Association’s Biennial Report to the Texas Legislature. The agenda and meeting materials for the meeting is available. The Committee will develop recommendations to present to TWIA’s […]
Read More
Published Date: May 07, 2024
TWIA Board Completes Financial Preparations for 2024 Storm Season
The Texas Windstorm Insurance Association Board of Directors met in Austin on May 7 for its second quarterly meeting of 2024. The Board received an update on reinsurance funding for the 2024 storm season and routine operational highlights. The Board directed staff to pursue the purchase of $3.35 billion in reinsurance funding for this year’s […]
Read More
Published Date: May 02, 2024
No-Interest Payment Plans
Attention agents: Do your TWIA policyholders know about our payment plans that don’t charge interest or financing fees like those associated with premium finance companies? With TWIA payment plans, policyholders make payments to TWIA. Payments can be made online in the Policyholder Portal, by mailing a check, or through their agent. Agents can select a […]
Read More
Published Date: April 26, 2024
TWIA Board to Meet in Austin on May 7
Essential Meeting Information: The Texas Windstorm Insurance Association Board of Directors will meet at the Hyatt Regency Austin on Tuesday, May 7, at 9:00 a.m. CT. The meeting agenda and meeting materials are available. The Board will receive routine operational updates from Association staff and: The Board will not consider any action on rates at […]
Read More
Published Date: April 25, 2024
TWIA Process Changes Latest Updates
Attention agents: In January, we provided you with several updates regarding the TWIA process changes passed during the 88th Texas legislative session, which may impact working with TWIA. Below, you will find the latest updates. We are committed to informing you about the developments of these legislative changes. Law Change Status Latest Updates The automatic renewal […]
Read More
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. […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
