On April 21, the TWIA Board of Directors held a virtual public workshop meeting to study issues related to rates. No action on a rate filing was taken at the meeting.
The Board directed TWIA staff to provide the Board with additional information on several topics, including potential changes to the Association property inspection program, earlier and more detailed budget information, updated information on territorial rating, the impact of new laws enacted in this session of the Texas Legislature on TWIA’s actuarial analysis and probable maximum loss, and strategies for outreach to policyholders on mitigation issues.
At the meeting, the TWIA Board considered both written and in-person testimony from the public. In the interest of transparency and consistent with prior practice, we have posted the written public comments received for the April 21 Board workshop meeting. Certain personally identifiable information, such as names and contact information, has been redacted to protect the privacy of those individuals, some of whom may be TWIA policyholders.
The Board’s next quarterly meeting will be held virtually on May 18, 2021.
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