Tag Archives: TWIA

TWIA Board Approves No Rate Increase for Annual Filing

Texas Windstorm Insurance Association (TWIA) policyholders will not be subject to a rate increase based on the Association’s annual rate filing for 2020 policies. The TWIA Board of Directors voted not to increase rates for residential and commercial policies at … Continue reading

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TWIA: Hurricane Harvey Claim Deadline Approaching

The anniversary of the date Hurricane Harvey made landfall on the Texas coast is quickly approaching on August 25, 2018. Texas law requires TWIA policyholders to report claims for windstorm damage within one year of the date the property was … Continue reading

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TWIA Stays in the Coastal Bend as Community Recovers

TWIA announced last week that it is staying in the Coastal Bend area for as long as needed to provide support to its policyholders as they begin to rebuild. TWIA will transition its three Mobile Claims Centers from emergency relief … Continue reading

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TWIA Reports Funding Available for Weather Events

The Texas Windstorm Insurance Association (TWIA) has announced its available funds in the event of a catastrophic weather event in Texas. TWIA has secured $4.9 billion in total funding for 2017. This includes $147 million that has been contributed to … Continue reading

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New Proof of Declination of Coverage Form Added to TWIA.org

A new Proof of Declination of Coverage form was recently added to TWIA.org. Agents can use this new form for each TWIA application submitted to document the information required and be in compliance with TWIA requirements. Please visit the TWIA Declination … Continue reading

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TWIA Update to Premium Finance Documentation Requirement

Effective as of November 3, 2016, you are no longer required to provide documentation of a premium finance agreement when submitting business in Policy Center and the Agent Portal. You are still required to enter any applicable premium finance company … Continue reading

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TWIA Agent Bulletin: Flood Insurance Requirement Change

Recently, TWIA and the Texas Department of Insurance (TDI) received important feedback about the flood insurance requirements from policyholders and the agent community. The feedback centered on the interpretation of TDI Rule 28 Texas Administrative Code (TAC) §5.4904, that any … Continue reading

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