Weston’s Insolvency and TWIA Coverage FAQPublished on: August 18, 2022
- Weston Insurance has been declared insolvent by Florida regulators and will cancel all policies effective September 7.
- Weston’s insolvency does not impact any TWIA policies.
- TWIA is prepared to assist insurance agents in securing windstorm coverage for impacted Weston policyholders.
- Review this FAQ for the most up-to-date information about this issue.
Weston Property & Casualty Insurance Company has been put into receivership for liquidation. Policies currently insured by Weston, including those in Texas, will be canceled effective September 7.
While Weston provided windstorm insurance for a number of property owners in Texas coastal counties, TWIA does not currently have any data on Weston policies located in TWIA’s coverage area. Additionally, Weston’s insolvency does not impact any TWIA policies.
TWIA has received many questions in response to the news of Weston’s insolvency. For easier reference, we have compiled answers to those questions.
We understand this development is concerning for insurance agents and Weston policyholders who are urgently seeking replacement coverage in the middle of hurricane season. We want to assure you that TWIA is prepared to assist insurance agents and Weston policyholders who are seeking windstorm coverage through the Association.
Insurance agents who are currently registered with TWIA can learn more about TWIA’s application process for agents on our online Agent Training Center. Insurance agents who are not currently registered to submit applications for TWIA coverage can learn more about the registration process on our website.
We will continue to provide the most up-to-date information on our website as this situation evolves. You can also contact TWIA’s Weston Policy Support Team at (800) 231-5360 or email@example.com.