The Texas Windstorm Insurance Association Board of Directors pegs losses from Hurricane Beryl at $455 million.
The TWIA board met last week to review information related to the agency’s 2025 budget.
The meeting presented new information on TWIA losses from 2024 storms as projected policy growth in the coming year.
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The ultimate loss and loss adjustment expense estimate for Hurricane Beryl is $455 million as of September 30, 2024. This amount is roughly equivalent to the current balance in the