TWIA UNDERWRITING BOARD SET TO PREPARE RECOMMENDATIONS FOR BOARD
Editors Note: Important note is that public comment deadline is by November 15.
The Texas Windstorm Insurance Association (Association) Actuarial & Underwriting Committee will meet Tuesday, November 19 at 1:30 pm for review and possible action regarding development of recommendations to the Association’s Board of Directors (Board) 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 met on October 17 and directed TWIA staff to provide written comments to the Committee on issues raised by the Committee during the meeting. The Committee is meeting on November 19 to consider staff’s comments and formulate a recommendation to the TWIA Board for possible consideration at the Board’s December 10 quarterly meeting in Corpus Christi.
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.
State Representative Todd Hunter (R-Corpus Christi) confirmed that he does plan to be in attendance at the upcoming meeting.