Assumption Reinsurance Depopulation Program – Documents Index 2016-2017

(Click the following to access the 2019-2020 Document Index)

(Click the following to access the 2018-2019 Document Index)
(Click the following to access the 2017-2018 Document Index)

Documents Index

#DocumentInstructionsDeadline
1  Non-Disclosure Agreement and Terms of Use Submit to TWIA as soon as possible to receive access to the data  7/22 recommended; 8/25 final
 2 Financial Information Submit to TWIA all of the items on the Financial Information checklist 8/1 recommended; 8/25 final
 3 Comparable Coverage & Premium Certification Form Complete the form; print, sign, and submit an electronically executed copy; attach to forms and endorsements (see below)  8/1 recommended; 8/25 final
 4 Member Company Policy Forms and Endorsements Submit relevant forms and endorsements to TWIA and submit electronically attached to the Comparable Coverage and Premium Certification Form8/1 recommended; 8/25 final
 5  Industry UCAA Form 13 Separately to TDI, send the Industry UCAA Form 13 items  8/1 recommended; 8/25 final
 6 Carrier Checklist for Submission to TDI Separately to TDI, send the Carrier Checklist items and include the completed checklist  8/1 recommended; 8/25 final

Resources & Communication Templates for Future Use

The forms included below are for your review to help with planning and awareness of future program activities. TWIA will contact you with further information before you need to take any action.

#DocumentDescriptionTimeframe
1 Timeline of Assumption Reinsurance Depopulation Program  Describes necessary activities and deadlines related to the program. n/a -  for reference only
 2 Data Fields  This document contains the data that will be provided by TWIA to participating insurers.n/a -  for reference only
 3 Coverage Option Summary  This summary provides a way for insurers to outline their coverages and how they compare to TWIA. (This is a recommended format for your company’s marketing website.)  n/a -  for reference only  
 4 Offer and Assumption Agreement This agreement will be executed between TWIA and participating insurers after offers have been approved by TWIA. November 2016
 5 Quota Share Reinsurance Contract  This agreement will be executed between TWIA and participating insurers after offers have been approved by TWIA. November 2016
6 Notice of Offer and Novation  This is a prescribed communication that the participating insurer will send to the policyholder after the offer has been approved. December 1, 2016
7 Certificate of Assumption  This is a prescribed communication that the participating insurer will send to the policyholder at the time of the assumption. June 1, 2017    
8 Notice of Offer to Transfer Policy This is a communication that TWIA will send to the policyholder notifying them of an offer on their policy. December 1, 2016    
9 Reminder on Notice of Offer to Transfer Policy This is a reminder communication that TWIA will send to the policyholder notifying them of an offer on their policy. March 1, 2017    

Company Comparison Forms & Communication Templates

The forms included below are provided for agents and policyholders. Please note that the links to forms and documents below will direct you away from the TWIA website to the pages the companies have provided.

#Company NameCompany Notice(s)Comparison Table
1 Maison Insurance Company  Maison Notice of Offer  Maison Comparison Chart
2 United Property & Casualty Insurance (UPC) UPC Notice of Offer; UPC InsertUPC Comparison Chart
3 The Woodlands Insurance Company (Twico)  Twico Notice of Offer  Twico Comparison Chart 
4 Weston Insurance Company  Weston Notice of Offer Novation Package Weston Chart - Commercial; Weston Chart - Residential