TWIA Actuarial & Underwriting Committee to Review Proposals for Catastrophe Modeling Services at January 19 Meeting

Published on: January 6, 2022

Essential Meeting Information:

The Actuarial & Underwriting Committee for the Texas Windstorm Insurance Association will meet on Wednesday, January 19, 2022, at 10:00 a.m. CT. The Committee will review presentations from selected respondents to the Association’s Request for Proposals (RFPs) for catastrophe modeling services and provide a recommendation to the TWIA Board of Directors for these services. The meeting agenda is available here and meeting materials are available here.

TWIA issued an RFP on December 16, 2021, for a consultant or firm to perform catastrophe modeling analysis related to the Board’s statutorily required determination of the Association’s 1-in-100-year probable maximum loss for each hurricane season and reinsurance purchase decision.

The Committee will NOT consider any changes to TWIA rates at this meeting.

All meetings of the TWIA Board of Directors and its committees are open to the public. The public may attend the meeting at TWIA’s office in Austin or via Zoom. Committee members and staff may participate in the meeting in person or virtually. The meeting will also be livestreamed on YouTube.

Providing Public Comment to the Committee

Members of the public can submit written comments via email at PublicComment@TWIA.org. Interested parties are encouraged to submit comments by 5:00 p.m. CT on Monday, January 17 to enable the Committee to receive and review them before the January 19 meeting. TWIA staff will provide the Committee with all written comments regardless of when the Association receives them.

Written comments submitted to TWIA are subject to the Texas Public Information Act. TWIA may post public comments received, with personally identifiable information redacted, to its website.

Members of the public can provide verbal comments to the Committee during the designated public comment portion of the meeting. If you want to make public comment during the meeting, you must attend the meeting at TWIA’s office or register and log into the meeting via Zoom on a computer, tablet, smartphone, or telephone.

  • Click here to register to attend the meeting via Zoom.
    • After registering for the meeting, you will receive a confirmation email with details on how to join the meeting from your preferred device.
  • The meeting will also be livestreamed via YouTube.

Anyone attending the meeting at TWIA’s office is encouraged to wear a mask and comply with social distancing protocols. A limited number of TWIA staff will be on-site at TWIA’s office in Austin to facilitate the public comment process.

If you are a member of the media and have questions about the Committee meeting, please email MediaRelations@TWIA.org.

The meeting materials and archived recording for the Committee meeting will be available on our Archived Meetings page after the meeting.

Written Public Comment Received

As of January 18, 2022, TWIA has received two written public comments related to this meeting. Public comments are posted here within two business days of being received by TWIA.