TWIA’s Actuarial & Underwriting Committee met yesterday, October 17, to consider the development of recommendations to the Association’s Board of Directors concerning possible rate filings as permitted by law, rate adequacy issues, and strategies.

The Committee received both written and in-person testimony from the public on the Association’s rate adequacy analysis and reviewed and received a presentation from TWIA staff on the content of the rate adequacy analysis.

The Committee voted to direct TWIA staff to review issues raised by the Committee during the meeting and provide written comments to the Committee in order to allow it to meet again in time to formulate a recommendation to the TWIA Board to be considered at its December 10 quarterly meeting in Corpus Christi.

An archived recording of the meeting, its agenda, and meeting materials are available on the TWIA website at https://clicktime.cloud.postoffice.net/clicktime.php?U=www.twia.org%2Fabout-us%2Fboard-of-directors%2Farchived-meetings&E=ecantu%40farmersagent.com&X=XID456XJRTfx3012Xd1&T=FI03&HV=U,E,X,T&H=5ce2b8e247c3c33ca3c89f7286be88dd833c8e3d.

If you have any questions, please contact our Communications & Legislative Affairs department at communicationsmail@twia.org.

Sincerely,
Texas Windstorm Insurance Association

You should Avoid the Texas Windstorm Insurance Association and their possible rate increase!  Ed Cantu Insurance Agency can deliver your windstorm protection with a someone other than TWIA. Rates are up to 15% less than TWIA and Greater Discounts for homes built after 2006. Click www.SmartWindstormInsurance.com to compare now!

Because we Care,

Ed Cantu

 

 

 

An Important reminder from the Texas Windstorm Insurance Association and all Texas Coastal Property Insurers.

Dear Agent,

We are steadily approaching the height of hurricane season. One of the important measures policyholders and agents alike can take to be prepared is to make sure insurance coverage is in place well in advance of a storm that threatens the Texas coast – many insurance companies, including Texas Windstorm, stop writing coverage when there is an impending storm.

When does TWIA stop writing coverage?
As a reminder, no new or increased coverage applications will be accepted after a windstorm designated as a hurricane by the United States Weather Bureau is in the Gulf of Mexico or within the boundaries of 80 degrees west longitude and 20 degrees north latitude.

This rule is in effect until the TWIA General Manager determines that the storm no longer threatens property within the designated catastrophe area of the Texas Windstorm Insurance Association.

Sincerely,

Texas Windstorm Insurance Association

This is a great reminder for all Texas Costal Property owners.   TWIA, and all other insurance companies decline new or additional protection when there is impending storm.  Some stop when a storm is declared a Hurricane and others may stop sooner based on their personal preference.  Call Ed Cantu Insurance now at (361) 991-1493 to secure your windstorm protection.

Because we Care,

Ed Cantu

P.S.  When it comes to flood insurance, impending storm or not, there is a 30 day waiting for Flood Insurance Protection to go into force so if you don’t have protection, NOW is the time to secure a policy.

P.P.S. Share this vital information with someone you care for… I just did!

 

Your 4th of July Safety Tips (Summer Fun Safety Tips)

The 4th of July Holiday should be filled with family, friends, food, and watching fireworks. All too often, it’s also filled with high risks if you’re not careful. The most common dangers include driving, grilling, and firework accidents… and since we are a beach community, water activity is also a serious threat.

Important Facts to know:
1. More people die in motor vehicle crashes on the July 4th than any other day of the year?
2. July is the peak month for grilling-related fires. On average, 8,800 home will catch fire.
3. Two-thirds of the 13,000 fireworks-related injuries each year happen around the Fourth of July and 69% will required E. R. treatment).

Ed Cantu Insurance Agency wants you and your family to enjoy your 4th of July celebration so please follow these vital safety tips on your holiday and for the rest of your Summer.  And remember to call us when you and your family need protection.

DRIVING AND HIGHWAY SAFETY-

• The obvious one: Don’t drink and drive. Please. Just Don’t.
• Stay diligent with the basics (watch your speed, seat belts, blind spots, etc.)
• Stay alert, especially at night. There are drunk drivers out there.
• Minimize distractions like loud music, your phone or a car full of friends.
• Drive cautiously on rural roads.
• Avoid drivers that appear agitated or distracted.

GRILLING AND BAR B QUE SAFETY-

• Never leave your grill unattended
• Keep intoxicated people away from your grill.
• Keep a fire extinguisher nearby and let everyone know where it is and how to operate it.
• Don’t move the grill once it is lit.
• Keep children and pets away from the grill.
• Operate your barbecue on a level surface, away from your house, garage and landscaping.
• Protect the cook with a heavy apron and gloves that reach high on the forearm. Use very long-handled utensils designed for barbecuing.
• Use only lighter fluid designed for grilling when charcoal grilling. Never use gasoline or other flammable liquids, and never add more lighter fluid once the fire has started.
• Wait until the grill is cooled before storing or covering. When you’re done cooking, remember that the grill will remain hot for a while.
• Soak charcoal briquettes with water to ensure they are cool and inactive before throwing them away.

FIREWORKS SAFETY-

Leave Fireworks to the professionals and  if you choose to use them yourself, please follow these tips!
• It is against the law to use fireworks within most City limits so make sure they are legal in your area.
• Be sure to read and follow instructions.
• Don’t give fireworks to small children.
• Light fireworks on the ground in a fire resistant area.
• Keep a fire extinguisher nearby and always wear eye protection.
• If a firework is a “dud”, do not attempt to relight it.
• Upon disposal, douse the shells in water and throw them away.
• Store fireworks in a dry place, away from children and animals.
• Never attempt to disassemble or make your own fireworks.
• Never throw or point fireworks at any one or anything.

PROTECT YOUR PETS-

Don’t forget our furry friends. Did you know that July 5th is the busiest day of the year for animal shelters? Unlike people, pets don’t associate the noise, flashes and burning smell of fireworks with celebrations and a good time. Pets are terrified of fireworks and often panic at the loud whizzes and bangs they produce. Help your Pets by doing the following:
• Keep your pets indoors and turn up the TV or radio volume to reduce the firework noise.
• Don’t take them to a Fireworks Display.
• Have your pet properly identified in case they get out.

BEACH AND WATER ACTIVITY SAFETY-

July is one of the hottest months of the year so many families turn to water activities to beat the heat. Have fun and remember that water activities have serious risks when you aren’t careful.
• Review safe boating practices.
• Never consume alcohol while driving a boat.
• Before boating, always check that there are enough life preservers on hand for every passenger.
• Set water safety rules for your family.
• When at the beach, lake or river, never swim alone and pay attention to posted warning signs.
• Pools should be enclosed completely with a fence to restrict access to the area. Consider installing wireless outdoor sensors that will alert you via phone or with a chime inside your home if the sensors are activated.
• Keep your first aid kit near by.

All of us at Ed Cantu Insurance Agency want to help protect you and your family against know and unknown perils so call us at (361) 991-1493 when you need help. Summer time is also a great time to review and update your protection.

Because we Care,

Ed Cantu
P.S. Share these helpful safety tips with someone you care for… I just did!