Relating to funding of excess losses and operating expenses of the Texas Windstorm Insurance Association; authorizing an assessment; authorizing a surcharge.

Relating to funding of excess losses and operating expenses of the Texas Windstorm Insurance Association; authorizing an assessment; authorizing a surcharge.

Source: OpenStates · fetched June 20, 2025

• HomeownerindirectModerate impactHigh certainty

  May face increased insurance costs due to assessments and surcharges levied by the Texas Windstorm Insurance Association.

  “authorizing an assessment; authorizing a surcharge.”· Relating to funding of excess losses and operating expenses of the Texas Windstorm Insurance Association; authorizing an assessment; authorizing a surcharge.

Fiscal impact: Moderate (The bill authorizes assessments and surcharges, which will likely increase costs for policyholders to cover the association's excess losses and operating expenses. The exact fiscal impact depends on the frequency and severity of windstorm events and the specific assessment/surcharge mechanisms implemented.)