The recent decision by the Texas Department of Insurance (TDI) to reject the Texas Windstorm Insurance Association’s (TWIA) proposed 10 percent rate hike is not just a win for the Coastal Bend—it’s a victory for the entire state. This decision opens the door for a broader conversation about the need for a comprehensive statewide catastrophe plan, a long-term solution that can be considered when the Legislature reconvenes in 2025.

When it comes to TWIA, your Chamber has long advocated for more than temporary rate fixes. The rejection of this proposed hike gives us the opportunity to push for a statewide strategy that protects all Texans and distributes the risk more equitably, rather than disproportionately affecting our coastal communities. A statewide catastrophe plan would provide sustainable coverage for residents and businesses alike without creating undue financial burdens.

This victory wouldn’t have been possible without the efforts of our community. We extend our deepest gratitude to everyone who showed up to the public hearing, sent in emails, and picked up “NO RATE HIKE” yard signs. Your voices made a difference, showing that when we come together, we can accomplish great things for our community. Special thanks go to Texas State Rep. Todd Hunter, who has championed this issue for decades, and to our partners in the counties, cities, and chambers across the region. Their leadership, along with the engagement of so many of you, ensured that our concerns were heard loud and clear by TDI Commissioner Cassandra Brown during her visit to Corpus Christi in September.

While TWIA cited rising operational costs and the projected number of storms as reasons for the rate hike, we know that temporary rate increases are not a sustainable solution. A comprehensive catastrophe plan is the only way forward, one that shares the responsibility across the entire state and ensures that all Texans—whether coastal or inland—are equally protected.

As we look toward the 2025 legislative session, the Chamber will continue to work alongside our partners across Texas to advocate for this much-needed policy change. Together, we can build a more resilient future for Texas that doesn’t place the financial burden solely on coastal communities.

Thank you again to everyone who stood with us. Your dedication and action made this victory possible, and together, we can push for the long-term solutions our state needs.