RSSCategory: Texas Windstorm Insurance Association

Local Candidates Important To Windstorm Issues

Local Candidates Important To Windstorm Issues

| October 26, 2016 | 0 Comments

Early voting is underway across coastal areas all across the United States. In Coastal areas it is especially important to question local candidates on windstorm issues, because they are our future leaders who are closest to the people affected by rising windstorm insurance rates and the need for reforming windstorm laws, rules and regulations all […]

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Texas Coastal Lawmakers Urge No Increase In Windstorm Insurance Rates

Texas Coastal Lawmakers Urge No Increase In Windstorm Insurance Rates

| September 24, 2016 | 0 Comments

  AUSTIN – Texas coastal lawmakers sent a letter Friday (September 23) to Insurance Commissioner David Mattax asking him to approve rates passed by the Texas Windstorm Insurance Association (TWIA) that do not increase costs for consumers for the first time in six years. Some 22 legislators representing affected counties signed the letter offering their […]

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Windstorm Task Force Begins To Plan For Next Legislative Session

Windstorm Task Force Begins To Plan For Next Legislative Session

| July 15, 2016 | 0 Comments

Windstorm Task Force Begins To Plan For Next Legislative Session — Members of a Texas coastal task force on windstorm met recently in Galveston to begin planning for legislative initiatives on windstorm insurance. Pictured from left, State Rep. Wayne Faircloth, R-Galveston; Charlie Zahn, Port Aransas; Galveston Chamber CEO Gina Spagnola; Greg Smith, Corpus Christi, and […]

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2015 Alamo cat bond still on agenda for TWIA’s reinsurance renewal

2015 Alamo cat bond still on agenda for TWIA’s reinsurance renewal

| February 4, 2015 | 0 Comments

The Actuarial and Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) has just completed its latest meeting, at which the committee resolved to pursue a 2015 reinsurance renewal that can include a new Alamo Re catastrophe bond. TWIA is the insurer of last resort for Gulf Coast property owners in the state and, like […]

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Texas Windstorm Insurance Association Releases Biennial Report to Legislature Highlighting Association’s Achievements Since 2011

Texas Windstorm Insurance Association Releases Biennial Report to Legislature Highlighting Association’s Achievements Since 2011

| January 20, 2015 | 0 Comments

Austin, TX (PRWEB) The Texas Windstorm Insurance Association (TWIA) submitted its biennial report last week to the 84th Texas Legislature. The report includes recommendations for legislative changes and highlights the Association’s major achievements since 2011 when the Association came under fire for operational issues stemming from Hurricanes Dolly and Ike in 2008. Since 2011, the […]

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Dewhurst Wants to Shut Down the Texas Windstorm Insurance Association

Dewhurst Wants to Shut Down the Texas Windstorm Insurance Association

| September 13, 2014 | 0 Comments

Texas Lt. Gov. David Dewhurst urged a state senate committee on Tuesday to explore shutting down the state’s coastal windstorm insurance provider, saying if Texas ever was hit with severe hurricanes in a single year, the state could be on the hook for the billions of dollars in claims. In a statement Dewhurst said, “I’m […]

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Hunter To File Legislation To Make Department of Insurance More Transparent

Hunter To File Legislation To Make Department of Insurance More Transparent

| July 13, 2014 | 0 Comments

Agency Would Have To Post Why They Are Increasing Insurance Rates And How Much They Are Texas State Representative Todd Hunter, one of the state’s foremost experts on insurance and particularly on windstorm insurance, has had enough of what some see as arrogant behavior at the Texas Department of Insurance – and now the chair of […]

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Hurricane Would Mean Coastal Residents Would Have To Pay More For Insurance on Homes, Cars and Farms

Hurricane Would Mean Coastal Residents Would Have To Pay More For Insurance on Homes, Cars and Farms

| May 24, 2014 | 0 Comments

Along with the devastating physical aftermath of the storm, Texas insurance officials have now added another hit for coastal residents – they are going after your pocketbook. Despite strong protests from coastal residents and state legislators, the agency recently passed new rules that are really just a tax on those who live in 14 coastal […]

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Coastal Resident Georgia Neblett To Head TWIA Board

Coastal Resident Georgia Neblett To Head TWIA Board

| March 16, 2014 | 0 Comments

Georgia Neblett, a longtime coastal resident from Port Aransas, has been named as chair of the Texas Windstorm Insurance Association board. Neblett, who has served on the TWIA board since 2006, replaces Mike Gerik, the Executive Vice President with the Texas Farm Bureau in Waco, who will serve as the secretary-treasurer for the board. Coastal […]

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