TWIA Posts 2023 Rate Adequacy Analysis

TWIA’s 2023 Rate Adequacy Analysis indicates that TWIA’s current rates are inadequate by 20 percent for residential coverage and 22 percent for commercial coverage.

The Rate Adequacy Analysis is an estimate prepared by TWIA’s actuarial staff of whether rates are sufficient to cover the Association’s operating expenses and its expected losses from claims. The 2023 Analysis shows TWIA’s rates are less adequate than a year ago, attributed primarily to the rising cost of reinsurance.


TWIA’s Rate Adequacy Analysis consists of several PDF documents and Microsoft Excel spreadsheets. The complete 2023 TWIA Rate Adequacy Analysis is now available.

-State law requires TWIA to post a rate adequacy analysis on its website 14 days prior to the date the TWIA Board of Directors votes on a rate filing.
-TWIA must make a rate filing with the Texas Department of Insurance by August 15 each year.
-TWIA’s Board will meet August 8, 2023, to make a decision regarding the filing.

Previous TWIA Rate Adequacy Analyses can be found in the Financials & Reports section of TWIA’s website.

Providing Public Comment on the Rate Adequacy Analysis

There are two upcoming opportunities to provide public comment on TWIA’s Rate Adequacy Analysis:

-TWIA’s Actuarial & Underwriting Committee will meet on July 11 to review the Analysis and formulate a rate filing recommendation for presentation to the TWIA Board.

-The TWIA Board will meet August 8 to consider the Analysis, the Committee’s recommendation, and stakeholder feedback prior to its annual required rate filing decision.

Stakeholders are invited to provide public comment verbally or in writing about TWIA’s 2023 Rate Adequacy Analysis at both meetings. More information on TWIA Board and Committee meeting dates and how to provide public comment is available on TWIA’s website in the Board Meetings section of the About Us page.

Members of the media with questions about TWIA’s rate filing consideration process, please email