Essential Information:
- Weston Insurance has been declared insolvent by Florida regulators and will cancel all policies effective September 7.
- Weston’s insolvency does not impact any TWIA policies.
- TWIA is prepared to assist insurance agents in securing windstorm coverage for impacted Weston policyholders.
- Please visit TWIA.org for the most up-to-date information.
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Dear Agent,
Last week, we informed you Weston Property & Casualty Insurance Company had been put into receivership for liquidation. Policies currently insured by Weston, including those in Texas, will be canceled effective September 7.
While Weston provided windstorm insurance for a number of property owners in Texas coastal counties, TWIA does not currently have any data on Weston policies located in TWIA's coverage area. Additionally, Weston’s insolvency does not impact any TWIA policies.
TWIA has received many questions in response to the news of Weston’s insolvency. For easier reference, we have compiled answers to those questions on TWIA’s website.
Weston Insolvency and TWIA Coverage FAQ
We understand this development is concerning for insurance agents and Weston policyholders who are urgently seeking replacement coverage in the middle of hurricane season. We want to assure you that TWIA is prepared to assist insurance agents and Weston policyholders who are seeking windstorm coverage through the Association.
As this situation continues to evolve, we encourage you to visit TWIA’s website for the most up-to-date information. You can also contact TWIA’s Weston Policy Support Team at (800) 231-5360 or agentservices@twia.org.
Sincerely,
Texas Windstorm Insurance Association |
