Public Invited to Comment as TWIA Board Considers Rates at December 8 MeetingPublished on: November 25, 2020
- The December 8 TWIA Board of Directors meeting begins at 9:00 a.m.
- The meeting agenda is available here, and the meeting materials are available here.
- You can join today’s meeting via Zoom or listen to the livestream on YouTube.
- You must join via Zoom to make public comment. More information on how to join the meeting via Zoom is available here.
- If you experience technical issues during the meeting, please email us at email@example.com.
UPDATE: Information on the report/recommendation of the Actuarial & Underwriting Committee to be considered at the December 8 Board meeting is available here.
The Board of Directors of the Texas Windstorm Insurance Association (TWIA) will meet on Tuesday, December 8 at 9:00 a.m. CT. The TWIA Board is expected to consider an independent report on TWIA rates, a report/recommendation on rates from TWIA’s Actuarial & Underwriting Committee, the Association’s 2021 budget, and other business. The agenda for the meeting is available here.
The meeting will be held via Zoom and members of the public are invited to participate and provide comments (see additional details below).
Independent Report on Rates
At its September 22 meeting, the Actuarial & Underwriting Committee reviewed an independent report by consulting firm Willis Towers Watson (WTW) on TWIA’s rate adequacy and the use of hurricane modeling in its rate-setting process and directed WTW and TWIA staff to work together to incorporate additional data into an updated report.
The Actuarial & Underwriting Committee will meet on Tuesday, December 1 to review the updated WTW report and develop a report/recommendation for the TWIA Board to consider at the December 8 meeting. The updated report by Willis Towers Watson is available here.
Public Participation and Comment
Members of the public are invited to submit written comments via email at PublicComment@TWIA.org. Emailed comments received by noon on Friday, December 4 will be compiled and provided to the TWIA Board of Directors prior to the December 8 meeting.
Members of the public are also invited to provide comments to the TWIA Board during the designated public comment portion of the meeting by logging on to the meeting via Zoom. Click here to register to attend the meeting via Zoom. Those wishing to make public comment must register and log into the meeting via Zoom. The meeting will also be livestreamed via YouTube.
An archived recording of the meeting will be available on TWIA’s website at www.twia.org/about-us/board-of-directors/archived-meetings.
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