On August 4, the Texas Windstorm Insurance Association (TWIA) Board of Directors will consider its annual rate filing for 2027 policies. For hundreds of thousands of Texas coastal property owners, the Board’s decision will have a direct impact on the affordability of windstorm insurance.

This year, the data tells a compelling story: there is no actuarial or financial justification for increasing rates.

TWIA’s 2026 Rate Adequacy Analysis concludes that current rates are more than sufficient, finding residential rates are 9 percent adequate and commercial rates are 4 percent adequate. Based on those findings, the Board’s Actuarial & Underwriting Committee voted unanimously on June 30 to recommend no change in rates for 2027.

That recommendation should stand.

A Remarkable Turnaround

Just a few years ago, TWIA faced legitimate concerns about rate adequacy. The annual actuarial analyses showed increasing deficiencies:

Year	Residential	Commercial
2022	15% inadequate	11% inadequate
2023	20% inadequate	22% inadequate
2024	38% inadequate	45% inadequate
2025	3% inadequate	5% inadequate
2026	9% adequate	4% adequate

This dramatic improvement did not happen by accident.

During the 2025 legislative session, our coastal delegation enacted meaningful reforms that strengthened TWIA’s financial position while reducing costs. Among the most significant changes were legislation that lowered the Association’s required catastrophe funding level, reducing its reinsurance expenses, and legislation exempting TWIA from certain state taxes. Together, these reforms significantly improved TWIA’s financial outlook without shifting additional costs onto coastal policyholders.

The result is exactly what policymakers intended: a stronger TWIA with adequate rates and improved financial stability.

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Coastal Texans Have Already Done Their Part

For years, coastal homeowners and businesses have shouldered rising insurance costs while continuing to invest in resilient communities that drive Texas’ economy. They have absorbed previous rate increases and supported reforms designed to place TWIA on stronger financial footing.

Those reforms are now producing measurable results.

When an independent actuarial analysis concludes that current rates are adequate—and the Board’s own actuarial committee agrees—raising rates would be difficult to justify.

Insurance rates should reflect actuarial need, not simply the opportunity to increase premiums.

If you are a TWIA policyholder, business owner, community leader, or simply someone who believes insurance rates should be based on sound actuarial data, now is the time to speak up.

There are several ways to participate:

• Submit written comments by clicking on this form  https://actionnetwork.org/letters/no-twia-rate-increase    While comments submitted by noon on Friday, July 31 will be reviewed by the Board in advance of the meeting, comments will continue to be accepted.
• Provide verbal comments virtually by registering to participate via Zoom
• Attend the meeting in person and offer public comment during the meeting in Galveston.
• Watch the meeting live on TWIA’s YouTube channel. 

The United Corpus Christi Chamber of Commerce encourages all coastal stakeholders to make their voices heard. The actuarial evidence is clear: current rates are adequate. The Legislature’s reforms are working as intended, TWIA’s financial position has improved, and the Board’s own actuarial committee has recommended no rate change.

A 0% rate filing for 2027 is the right decision for Texas coastal communities. We urge the TWIA Board to follow the data, uphold sound actuarial principles, and vote against any rate increase.

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