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Digest
SB 2571 restructures the funding of the Texas Windstorm Insurance Association (TWIA). It modifies how excess losses and operating expenses are paid, shifting to a new funding model starting in 2026. TWIA will now rely more on member assessments and catastrophe reserves rather than taxpayer-backed public securities. The bill also clarifies reinsurance purchasing authority for TWIA members​.
Author (3)
Mayes Middleton
Brandon Creighton
Adam Hinojosa