The name of Texas state insurance is the Texas Windstorm Insurance Association (TWIA). TWIA provides wind and hail insurance for eligible coastal property owners and renters who have been unable to obtain coverage through the private insurance market.
Texas Windstorm Insurance Association was created by the Texas Legislature in 1971
In response to a string of devastating hurricanes that struck the Texas coast, including Hurricane Celia in 1970 and Hurricane Carla in 1961. These storms left many coastal residents without adequate insurance coverage, or any coverage at all.
TWIA is governed by a nine-member Board of Directors appointed by the Commissioner of Insurance. The day-to-day operations of TWIA are managed by an executive staff headed by a Chief Executive Officer.
Since its inception, TWIA has paid out more than $5 billion in claims to policyholders following major storms.