TWIA FUNDING
TWIA FUNDING
TWIA’s financial position – and ability to pay claims – will continue to deteriorate without appropriate actions by policymakers, stakeholders and the TWIA board.
TWIA’s financial position – and ability to pay claims – will continue to deteriorate without appropriate actions by policymakers, stakeholders and the TWIA board.
TCAIS supports meaningful, broad-based dialogue among stakeholders, including coastal interests, inland interests, insurers, regulators, and policymakers.
TCAIS supports meaningful, broad-based dialogue among stakeholders, including coastal interests, inland interests, insurers, regulators, and policymakers.
TCAIS encourages critical analysis and consideration of real reform that brings transparency, predictability and long-term stability to catastrophe funding.
TCAIS encourages critical analysis and consideration of real reform that brings transparency, predictability and long-term stability to catastrophe funding.
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Despite only filing for a 10% rate increase on policies, TWIA’s 2024 rate adequacy analysis shows that the insurer’s current rates are inadequate by a huge 38% for residential coverage and 45% for commercial coverage. Read article.