Company Information

Get to know TWIA

The Texas Windstorm Insurance Association (TWIA) was established by the Texas Legislature in 1971 as the state's insurer of last resort for wind and hail insurance. Its mission is to provide essential coverage to property owners in the 14 first-tier coastal counties and parts of Harris County who are unable to obtain it from the private market. TWIA is a pool of all property and casualty insurers authorized to write coverage in Texas and is governed by a board of directors and overseen by the Texas Department of Insurance. It does not make a profit and is designed to be financially sound to handle claims from catastrophic events like hurricanes.

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Financial InsurancePRIMARY
Financial Other Service

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TWIA

United States

Founded in

1971 (55 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.