Texas Windstorm Insurance Association approves budget increase for 2024
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Texas Windstorm Insurance Association approves budget increase for 2024

Hal Stucker
December 12, 2023
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Incoming Derecho approaching across the corn fields. August 2020.

The Texas Windstorm Insurance Association (TWIA) today approved a 2024 budget with an increase in net operating expenses to $40.2mn, up from $35.2mn in the 2023 budget.

TWIA had previously said it expects reinsurance costs to continue rising amid increased exposure and the current hard reinsurance market.

Though

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Hal Stucker
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