July 22, 2024

TDI has approved updates to TWIA’s policy forms, declarations pages, and rating rules manual to reflect House Bill 3208, which was enacted during the 2023 legislative session.

The updates specify that TWIA will keep the entire annual premium when an insured cancels a policy, depending on the reason for cancellation. TWIA can refund unearned premium only when a cancellation is for one of the reasons listed in House Bill 3208. The updates do not change TWIA’s rates.

View the approval order for the full text.

For other dates and documents related to this action, visit TDI’s TWIA Submissions webpage.