Section 5.4702 - Requirement for Vote of Rate Filing and Prohibition on Purchasing Reinsurance from Certain Insurers or Brokers(a) The Texas Windstorm Insurance Association (TWIA) board of directors must comply with Insurance Code § 2210.3512 in all votes on proposed rate filings.(b) TWIA must comply with Insurance Code § 2210.453(f) in all purchases of reinsurance under §2210.453.(c) This section is part of TWIA's plan of operation.28 Tex. Admin. Code § 5.4702
Adopted by Texas Register, Volume 46, Number 46, November 12, 2021, TexReg 7802, eff. 11/14/2021