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TX HB2213

TX HB2213
Relating to the composition of the board of directors of the Texas Windstorm Insurance Association.


summary

Introduced
01/29/2025
In Committee
05/22/2025
Crossed Over
05/02/2025
Passed
06/20/2025
Dead
Signed/Enacted/Adopted
06/20/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the composition of the board of directors of the Texas Windstorm Insurance Association.

AI Summary

This bill modifies the composition requirements for the board of directors of the Texas Windstorm Insurance Association (TWIA), a state-run insurance entity that provides windstorm and hail insurance in coastal areas. Specifically, the bill changes the board membership rules to require that three industry representatives must not only actively write or sell windstorm and hail insurance in coastal counties, but also be residents of Texas. Additionally, the bill mandates that at least one board member appointed from the property and casualty agent category must be actively offering or selling Texas windstorm and hail insurance policies and be a non-captive agent. The bill also revises the geographic residency requirement for board members, changing the previous standard of being located more than 100 miles from the Texas coastline to instead being located outside a "catastrophe area," which likely provides more flexibility in board member selection. The changes aim to ensure that board members have current, direct experience with windstorm insurance in Texas and represent diverse geographic perspectives. The bill is set to take effect on September 1, 2025.

Committee Categories

Business and Industry

Sponsors (8)

Last Action

Effective on 9/1/25 (on 06/20/2025)

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