TWIA’s Assumption Reinsurance Depopulation Program (Assumption Program) for 2019-2020 (Round 4) is beginning soon.
Authorized by the Texas Legislature in 2015, the Assumption Program is an annual process where participating insurers make offers on large numbers of TWIA’s policies. The program is designed to provide TWIA policyholders with alternative options for wind and hail insurance in the private market.
The summary timeline below summarizes each phase of the Assumption Program, and this document index provides additional information about program documentation and deadlines. Note that the deadline to submit the program application package to TWIA and TDI is May 1.
For carriers interested in participating, please refer to our March announcement on the timeline for completing the approval process with TDI.