The majority of the board of Texas Windstorm Insurance Association voted to implement a five percent rate increase for residential and commercial policyholders, effective Jan. 1, 2022. Approval came on a 5-3 vote at the Aug. 3 virtual meeting. Staff submitted the rate...
If the Texas Windstorm Insurance Association had thought its 2021 battles with legislators ended on May 31 when the legislature adjourned sine die, it was mistaken. An “information request for legislative purposes” from Rep. Mayes Middleton, R-Wallisville, 11 days...
It may have sounded like Christmas in July when members of the Texas Surplus Lines Association gathered on July 19 in Vail for the association’s midyear meeting to hear good news about the surplus lines market in general and Texas in particular. Two speakers told them...
With cannabis use getting closer than ever before to becoming legal nationwide either medicinally or recreationally, Admiral Insurance Company’s Vice President of Cannabis Underwriting Keith Distel presented to attendees of the Texas Surplus Lines Association Mid-Year...
Based on information provided by the Wholesale and Specialty Insurance Association (WSIA), the 15 stamping and service offices across the U.S. processed more than $24 billion in surplus lines premium for the first half of 2021. This represents a 21.9 percent increase...
By MICHAEL G. MANESManes and Associates Smiling will make you feel and do better, even in the worst of times. Today and for the foreseeable future, our worlds will be more chaos than calm, more challenging than comfortable, and more high risk than operating inside our...
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