Texas Commission Seeking Comments for Texas Windstorm Insurance Review

While the Texas Windstorm Insurance Association is not subject to closure by the state’s Sunset Commission, the insurer is subject to periodic review by the commission as required by the Texas Sunset Act.

As it begins its review of TWIA, the commission is now seeking ideas and comments with regard to the association.

The Sunset Commission, composed of legislators and public members, periodically evaluate a state agency to determine if the agency is still needed and to explore ways to ensure that the agency’s funds are well spent. Currently, the mission and performance of the Texas Windstorm Insurance Association are under review by the Legislature as required under the Texas Sunset Act.

Sunset Commission staff will evaluate the Texas Windstorm Insurance Association and issue a report in November 2018 recommending solutions to problems found. Based on the recommendations of the Sunset Commission, the Texas Legislature will ultimately decide whether changes are needed to improve its performance.

The Sunset Commission will meet to hear public testimony on the agency and the recommendations of the Sunset staff. Based on public input and the Sunset staff report, the Sunset Commission will adopt recommendations for the full Legislature to consider when it convenes in January 2019.

Through the Sunset review, every Texan has the opportunity to suggest ways in which the mission and operations of the Texas Windstorm Insurance Association can be strengthened.

To share ideas about the agency, please send an email to the address below, use the comment form on the Sunset Commission website, or contact Carissa Nash of the Sunset staff.

Suggestions are preferred by Sept. 7, 2018, so they can be fully considered by the commission staff.

Sunset Advisory Commission P.O. Box 13066 Austin, Texas 78711; 512/463-1300; Fax: 512/463-0705; Email: sunset@sunset.texas.gov

Source: Sunset Advisory Commission