Tag: windstorm

State Insurance Dept. OK’s premium surcharge

BY SASHA HELLER Managing Editor editor@portisabelsouthpadre.com Commissioner of Insurance Julia Rathgeber last week adopted final rules that update existing loss funding and premium surcharges for the Texas Windstorm Insurance Association (TWIA). To read the rest of this story, please subscribe to the Port Isabel-South Padre PRESS E-edition by clicking here or call the news office at (956) 943-5545. Tweet

Permanent link to this article: https://www.portisabelsouthpadre.com/2014/05/29/state-insurance-dept-oks-premium-surcharge/

Windstorm rates spike 5 percent

BY SASHA HELLER Managing Editor editor@portisabelsouthpadre.com The Texas Windstorm Insurance Association (TWIA) recently approved a five percent rate increase that could significantly impact the coastal housing and commercial markets, when coupled with recently-approved increases in flood insurance. To read the rest of this story, please subscribe to the Port Isabel-South Padre PRESS E-edition by clicking here or call the …

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Permanent link to this article: https://www.portisabelsouthpadre.com/2014/04/24/windstorm-rates-spike-5-percent/

Task force meets to discuss TWIA plan

By CRAIG ALANIZ Reporter/Photographer press@portisabelsouthpadre.com  The Coastal Windstorm task force met at the Hilton Garden Inn to present their plan for TWIA to avoid raising premiums for the 14 coastal counties. The task force said the issue began when Hurricane Ike caused catastrophic damage in Galveston. They said their plan in the beginning was to …

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Permanent link to this article: https://www.portisabelsouthpadre.com/2013/01/31/task-force-meets-to-discuss-twia-plan/