Texas Windstorm Insurer Actuarial Committee to Meet Again for Rate Review

The Actuarial & Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) will meet Tuesday, Nov. 19 at 1:30 pm for review and possible action regarding development of recommendations to the association’s board of directors concerning rate filings as permitted by law, rate adequacy issues and strategies.

The association’s rate adequacy analysis was originally posted on July 22.

The committee previously met on Oct. 17 and directed TWIA staff to provide written comments to the committee on issues raised by the committee during the meeting.

A the Nov. 19 the committee consider staff’s comments and formulate a recommendation to the TWIA Board for possible consideration at the board’s Dec. 10 quarterly meeting in Corpus Christi. No action on a rate filing will be taken at the committee meeting.

Members of the public may submit comments about items to be considered by the Actuarial & Underwriting Committee prior to the meeting by emailing PublicComment@twia.org. Comments received by noon CT on Friday, Nov. 15 will be shared with members of the committee and the TWIA Board.

Comments submitted to TWIA are subject to the Texas Public Information Act. TWIA may post public comments received, with personally identifiable information redacted, to its website.

All meetings of the TWIA board of directors and its committees are open to the public. Members of the public may attend the meeting in person at TWIA’s offices in Austin. TWIA also livestreams all board meetings and committee meetings at www.twia.org/about-us/#board-meetings, other than closed executive sessions.

A quorum of the TWIA board may attend this committee meeting.

Source: TWIA

Topics Catastrophe Carriers Natural Disasters Texas Windstorm