Governmental Affairs
Texas Windstorm Issues
Includes news and information about the Texas Windstorm Insurance Association
IIAT/Perryman study shows Texas economy at risk
Analysis find effects of Katrina-force storm would be catastrophic for entire state, not only the coast.
"An Economy at Risk: Our Vulnerable Coast and Its Importance to the Texas Economy"
IIAT/Perryman study presentation ready for agents to use with civic
groups (PowerPoint)
(For best results open this PowerPoint link by right-clicking and then clicking "Save target as..." in the drop down
menu. Then open the new PowerPoint file. Download a free
PowerPoint viewer from Microsoft.)
Results (pdf)
Executive summary only (pdf)
Appendices - including methodology (pdf)
Press release announcing results (1/30/07) (pdf)
Texas coastal windstorm market survey analysis
Independent agents located in Tier 1 and Tier 2 counties in Texas -- those counties located along the Gulf coast -- were
asked to respond to a windstorm market survey to help IIAT assess the state of those markets and develop a strategy to assist
agents in coping with rapid market changes. Because of size, Harris County responses are broken out for comparison purposes.
Surveys were conducted June 15 and again Oct. 12, 2006.
For further information please contact Lee Loftis, director of governmental affairs, at
lloft@iiat.org or by calling
800.880.7428.
Executive summary
Combined results analysis of Coastal Markets Survey (pdf)
(June and October 2006)
Coastal Markets Survey (pdf)
(October 2006)
Coastal Markets Survey (pdf)
(June 2006)
TDI Ruling Spells More Trouble for Texas Windpool (PDF)
(May 30, 2006)
The following links provide important information about TWIA developments
Proposed Changes to TWIA Plan of Operation and Funding Proposal
(PDF)
Charts and graphs (PDF) including --
Historical rate level graph
Summary of liability
Statistical report
Comparison of current and proposed funding structures
Insurers Urge Bonds for Catastrophe Fund (PDF)
Fire & Casualty Companies in Texas press release
Allstate to Limit Homeowners Writing on Texas Gulf Coast
This article originally appeared in BestDay, A.M. Best's daily insurance news site. BestDay is available to all subscribers
to Best's Review. To apply for a subscription, visit http://www.bestreview.com/printqualify.
About Texas Windstorm Insurance Association
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TWIA's purpose is to provide Texas citizens adequate wind and hail coverage when it is not available in the insurance
marketplace; and pay insured's claims when losses occur.
TWIA is a pool of all property and casualty insurance companies authorized to write coverage in Texas.
TWIA is neither a state organization, nor a for-profit company; therefore, it does not seek to increase its market
share. It does not actively compete against private insurance providers. TWIA is the provider of last resort.
TWIA has announced a series of underwriting basics workshops to be held throughout the state beginning May 2 ...Details
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