News about Texas Windstorm Insurance Association

Texas Windstorm Insurance Association

Austin, TX 78749

TWIA Committee recommends Board set $5.2 billion PML for 2023 storm season

By Staff reports | Thursday, Jan 12, 2023 @ 9:21am

AUSTIN - The Texas Windstorm Insurance Association's Actuarial & Underwriting Committee met on Jan. 11 and voted to recommend the TWIA Board establish $5.244 billion as the Association’s 1:100 probable maximum loss (PML) for the 2023 storm season, a press release states.
TWIA not a state agency prohibited from using appropriated funds for lobbying, Texas AG opines

By Staff reports | Thursday, Jan 27, 2022 @ 11:42am

AUSTIN - The Texas Windstorm Association is not a state agency subject to a government code prohibiting the use of appropriated funds for lobbying activities, Attorney General Ken Paxton recently opined.
Texas storm attorneys transitioning to virus attorneys? Law firms start trolling for COVID-19 business interruption claims

By David Yates | Monday, Apr 13, 2020 @ 2:54pm

HOUSTON – Hurricane season isn’t quite here yet, but there may be a different kind of disaster to feed the appetites of storm chasing attorneys for the time being – COVID-19 business interruption claims.