TWIA talks changes

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    TWIA logo
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The Texas Windstorm Insurance Association (TWIA) board committee of Legislative & External Affairs Committee met on June 24 to continue planning legislative recommendations to the Board of Directors for the association’s Biennial Report to the Texas Legislature.

The committee directed staff to prepare additional information for consideration at the committee’s next meeting, which is expected to take place prior to the Aug. 2 meeting of the Board of Directors.

The Biennial Report must be submitted to the Texas Legislature, the Insurance Commissioner, and the Sunset Advisory Commission in the year before a legislative session. By statute, the report must include: Any proposed changes in the laws relating to the regulation of TWIA, a statement of the reasons for the changes, and any information regarding TWIA operations or procedures that is requested by the Texas Department of Insurance to be addressed in the report.

The most recent TWIA Biennial Report was published in 2020.