TWIA pays out $120m on Beryl claims, files for 10% rate increase
Reinsurance News - Aug 07, 2024
As of August 5th, 2024, residual market insurer the Texas Windstorm Insurance Association (TWIA) had received over 27,000 claims for Hurricane Beryl and has made payment on more than 10,000 claims at a cost of roughly $120 million. Hurricane Beryl, the earliest Category 5 storm ever recorded which m...
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