{"id":367,"date":"2019-10-18T21:18:24","date_gmt":"2019-10-18T21:18:24","guid":{"rendered":"https:\/\/edcantuinsurance.com\/blog\/?p=367"},"modified":"2019-12-16T19:25:46","modified_gmt":"2019-12-16T19:25:46","slug":"texas-windstorm-insurance-actuarial-committee-directs-staff-regarding-rate-adequacy","status":"publish","type":"post","link":"https:\/\/edcantuinsurance.com\/blog\/texas-windstorm-insurance-actuarial-committee-directs-staff-regarding-rate-adequacy\/","title":{"rendered":"Texas Windstorm Insurance Actuarial Committee Directs Staff on Rate Increase!"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-220\" src=\"https:\/\/edcantuinsurance.com\/blog\/wp-content\/uploads\/2018\/08\/TWIA-Logo-300x149.png\" alt=\"\" width=\"300\" height=\"149\" srcset=\"https:\/\/edcantuinsurance.com\/blog\/wp-content\/uploads\/2018\/08\/TWIA-Logo-300x149.png 300w, https:\/\/edcantuinsurance.com\/blog\/wp-content\/uploads\/2018\/08\/TWIA-Logo.png 318w\" sizes=\"(max-width: 300px) 85vw, 300px\" \/><\/p>\n<p><span style=\"color: #656565;\"><span style=\"font-family: Calibri, Arial, sans-serif;\"><span style=\"font-size: medium;\">TWIA&#8217;s Actuarial &amp; Underwriting Committee met yesterday, October 17, to consider the development of recommendations to the Association&#8217;s Board of Directors concerning possible rate filings as permitted by law, rate adequacy issues, and strategies.<\/span><\/span><\/span><\/p>\n<p>The Committee received both written and in-person testimony from the public on the Association\u2019s <a href=\"https:\/\/clicktime.cloud.postoffice.net\/clicktime.php?U=https%3A%2F%2Fstart.emailopen.com%2Fpublic1%2Fr.aspx%3Fs1%3D1728683%26s2%3DXb53Npx4ZJg86Ys%26s4%3D183235%26s5%3Df3097d98c0174984b08905cad14de0bfJcA8J1KO4hvE2So.317360871%40emailopen.com&amp;E=ecantu%40farmersagent.com&amp;X=XID456XJRTfx3012Xd1&amp;T=FI03&amp;HV=U,E,X,T&amp;H=b8841dce68a6aa990a89a8495b9b7f19d46eda68\" target=\"_blank\" rel=\"noopener\">rate adequacy analysis<\/a><span style=\"color: #656565;\"><span style=\"font-family: Calibri, Arial, sans-serif;\"><span style=\"font-size: medium;\"> and reviewed and received a presentation from TWIA staff on the content of the rate adequacy analysis.<\/span><\/span><\/span><\/p>\n<p>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.<\/p>\n<p>An archived recording of the meeting, its agenda, and meeting materials are available on the TWIA website at <a href=\"https:\/\/clicktime.cloud.postoffice.net\/clicktime.php?U=https%3A%2F%2Fstart.emailopen.com%2Fpublic1%2Fr.aspx%3Fs1%3D1728684%26s2%3Dw4Z9MsFk85NyPf3%26s4%3D183235%26s5%3Df3097d98c0174984b08905cad14de0bfJcA8J1KO4hvE2So.317360871%40emailopen.com&amp;E=ecantu%40farmersagent.com&amp;X=XID456XJRTfx3012Xd1&amp;T=FI03&amp;HV=U,E,X,T&amp;H=072c8d04073b86cf7d33ebf5a28351c021c72ba8\" target=\"_blank\" rel=\"noopener\">https:\/\/clicktime.cloud.postoffice.net\/clicktime.php?U=www.twia.org%2Fabout-us%2Fboard-of-directors%2Farchived-meetings&amp;E=ecantu%40farmersagent.com&amp;X=XID456XJRTfx3012Xd1&amp;T=FI03&amp;HV=U,E,X,T&amp;H=5ce2b8e247c3c33ca3c89f7286be88dd833c8e3d<\/a><span style=\"color: #656565;\"><span style=\"font-family: Calibri, Arial, sans-serif;\"><span style=\"font-size: medium;\">.<\/span><\/span><\/span><\/p>\n<p>If you have any questions, please contact our Communications &amp; Legislative Affairs department at <a>communicationsmail@twia.org<\/a><span style=\"color: #656565;\"><span style=\"font-family: Calibri, Arial, sans-serif;\"><span style=\"font-size: medium;\">.<\/span><\/span><\/span><\/p>\n<p>Sincerely,<br \/>\nTexas Windstorm Insurance Association<\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">You should A<\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">void the Texas Windstorm Insurance Association and their possible rate <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">increase<\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">!\u00a0 <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">Ed Cantu Insurance Agency <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">can deliver your <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">windstorm <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\">protection with a someone other than TWIA. <\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">Rates are up to 15% less than TWIA <\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">and <\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">Greater Discounts for homes <\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">built after 2006<\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">. <\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">Click <\/span><\/span><\/span><a href=\"http:\/\/www.smartwindstorminsurnce.com\/?fbclid=IwAR0xyhipGqy4AL6IjuDv950yw2c1hFJK0gIqhViZ1xO77QyJ1Ms7kmyoxBI\" target=\"_blank\" rel=\"noopener\">www.SmartWindstormInsurance.com<\/a> <span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">to compare now!<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Baskerville;\"><span style=\"font-size: medium;\">Because we Care,<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #0066b3;\"><span style=\"font-family: Segoe Script, sans-serif;\"><span style=\"font-size: large;\"><i><b>Ed Cantu<\/b><\/i><\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TWIA&#8217;s Actuarial &amp; Underwriting Committee met yesterday, October 17, to consider the development of recommendations to the Association&#8217;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\u2019s rate adequacy analysis and reviewed and received &hellip; <a href=\"https:\/\/edcantuinsurance.com\/blog\/texas-windstorm-insurance-actuarial-committee-directs-staff-regarding-rate-adequacy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Texas Windstorm Insurance Actuarial Committee Directs Staff on Rate Increase!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/367"}],"collection":[{"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=367"}],"version-history":[{"count":4,"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/367\/revisions"}],"predecessor-version":[{"id":386,"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/367\/revisions\/386"}],"wp:attachment":[{"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edcantuinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}