TWIA Posts 2025 Rate Adequacy Analysis; Actuarial & Underwriting Committee to Meet on Rate Recommendation
Published on: July 1, 2025Essential Meeting Information:
- TWIA’s Actuarial & Underwriting Committee will meet on July 14 to develop a recommendation to the TWIA Board on rates.
- Access the meeting agenda and meeting materials.
- TWIA’s 2025 Rate Adequacy Analysis indicates that current rates are inadequate by 3 percent for residential coverage and 5 percent for commercial coverage.
- Members of the public can provide written comment via email before the meeting or provide in-person or virtual comment at the meeting.
The Texas Windstorm Insurance Association (TWIA) today published its 2025 Rate Adequacy Analysis. TWIA’s Actuarial & Underwriting Committee will meet on July 14 to review the Analysis and develop a recommendation to the TWIA Board of Directors on the Association’s required annual rate filing with the Texas Department of Insurance.
The agenda and meeting materials for the Actuarial & Underwriting Committee meeting are available. The meeting will be held virtually. Individuals wishing to participate in the meeting may do so virtually or at TWIA’s office in Austin. (See Public Participation and Comment information below.)
TWIA Rate Adequacy
TWIA’s 2025 Rate Adequacy Analysis finds that TWIA’s current rates are inadequate by 3 percent for residential coverage and 5 percent for commercial coverage.
The Rate Adequacy Analysis is an estimate, prepared by TWIA’s actuarial staff, of the extent to which premiums are sufficient to cover the Association’s operating expenses and its expected losses from claims.
The 2025 Analysis shows a significant improvement in TWIA’s longtime rate inadequacy. This is attributed directly to legislation passed in the recently concluded session of the Texas Legislature that reduces the Association’s minimum required catastrophe funding for each storm season, which will decrease the cost incurred by TWIA for reinsurance. The Legislature also exempted TWIA from certain taxes which contributed to the improvement in TWIA’s rate inadequacy.
| YEAR | RESIDENTIAL RATE INADEQUACY | COMMERCIAL RATE INADEQUACY |
| 2021 | 39% | 46% |
| 2022 | 15% | 11% |
| 2023 | 20% | 22% |
| 2024 | 38% | 45% |
| 2025 | 3% | 5% |
TWIA’s Rate Adequacy Analysis consists of several PDF documents and Microsoft Excel spreadsheets. The complete 2025 TWIA Rate Adequacy Analysis is now available on TWIA’s website.
Previous TWIA Rate Adequacy Analyses can be found in the Financials & Reports section of TWIA’s website. More information and a timeline on TWIA’s annual rate filing process is available here.
Public Participation and Comment
All meetings of the TWIA Board of Directors and its committees are open to the public. The public may attend and make public comment in person at the July 14 Committee meeting at TWIA’s office in Austin or virtually via Zoom. Members of the Committee and staff may participate in the meeting in person or virtually. The meeting will also be livestreamed on YouTube.
TWIA provides three methods for stakeholders to provide public comment to the Actuarial & Underwriting Committee:
1) Written Public Comment
Members of the public are invited to submit written comments via email at PublicComment@TWIA.org. Interested parties are encouraged to submit comments by noon on Friday, July 11, so the Committee can receive and review them before the July 14 meeting. TWIA staff will provide the Committee with all written comments regardless of when they are received. All written comments will also be provided to the TWIA Board of Directors.
Written comments submitted to TWIA are subject to the Texas Public Information Act. TWIA will post public comments received, with personally identifiable information redacted, at the bottom of this web post.
2) Virtual Verbal Public Comment via Zoom
Individuals wishing to make verbal public comment remotely during the meeting must register and log into the meeting via Zoom on a computer, tablet, smartphone, or telephone. Please ensure you have the latest version of Zoom on your device before joining the meeting. Learn how to update to the latest version of Zoom here.
- You can register to attend the meeting virtually via Zoom.
- After registering for the meeting, you will receive a confirmation email with details on how to join the meeting from your preferred device.
- This method of comment is audio only (no video).
3) In-Person Verbal Public Comment at TWIA’s Office
Individuals wishing to make in-person verbal public comment must attend the meeting at TWIA’s office in Austin. TWIA staff will facilitate the public comment process; Committee members are expected to participate virtually.
The full address of the location is:
Texas Windstorm Insurance Association
4801 Southwest Parkway
Building One, Suite 200
Austin, TX 78735
Members of the media with questions about the Board meeting, please email MediaRelations@TWIA.org.
The meeting materials and archived recording for the Board meeting will be added to our Meeting Library after the meeting.
Written Public Comment Received
As of July 2, 2025, TWIA has received four written public comments related to this meeting. Public comments are posted here within two business days of being received by TWIA.
