Recently, Texas Commissioner of Insurance, Julia Rathgeber adopted final rules that update existing loss funding and premium surcharges for the Texas Windstorm Insurance Association (TWIA). These rules will access coastal area residents a surcharge if they have to issue bonds to cover the depleted TWIA reserve fund.
It is important to know that if there are no storms there will be no surcharges.
Below is a link to a letter from Rathgeber to Representative Todd Hunter in Corpus. It answers some of the questions that many of us have about this surcharge.