Hearing Set for Texas Windstorm Pool Reinsurance Request

The Texas Department of Insurance has scheduled a public hearing for Aug. 22, 2006, at 10:00 a.m., for Docket No. 2643: Consideration of a petition by the Texas Windstorm Insurance Association (TWIA) requesting approval of a reinsurance program to operate in concert with the catastrophe reserve trust fund established under the Insurance Code Article 21.49 §8(i).

The new program is proposed to be effective as of June 1, 2006. (Reference No. P-0606-10). The hearing is held pursuant to the Insurance Code Article 21.49 §5A.

The hearing will take place in the Hobby Building, 333 Guadalupe, Hearing Room 100.

Source: Texas Department of Insurance