Local News

TWIA to discuss loss costs

The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee will meet on Wednesday, Jan. 11 at 10 a.m. to discuss and make a recommendation to the Board for determining the Association’s
statutorily required 1:100 probable maximum loss or PML for the 2023 storm season. The 1:100 PML establishes the minimum amount of reinsurance needed to meet the Association’s statutory
funding obligations.

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