Figure: 28 TAC §5.4001(c)(2)(B)(i)

TEXAS WINDSTORM INSURANCE ASSOCIATION
PROCEDURE FOR CALCULATING MEMBER ASSESSMENT
PERCENTAGES INCLUDING CREDIT FOR VOLUNTARY WRITINGS

[1]

STATEWIDE DIRECT
WRITTEN PREMIUMS

[2]

NET DIRECT WRITTEN PREMIUMS

[3]

COMPANY PERCENT OF STATEWIDE PREMIUMS WRITTEN

[4]

TOTAL PREMIUMS IN CATASTROPHE AREAS

(a)(b)(c)
E.C. CMP HO

Total of
Col. [1](a) & (b) x 90%
Col. [1](c) x 50%

[2] ÷ Total of [2]

(ASSOCIATION + VOLUNTARY)

[5]

NORMAL REQUIRED QUOTA IN DESIGNATED AREAS

[6]

CREDIT FOR COMPANY’S VOLUNTARY PREMIUMS

[7]

DIFFERENCE BETWEEN NORMAL REQUIRED PARTICIPATION AND VOLUNTARY CREDIT PREMIUMS

[8]

ASSOCIATION ASSESSMENT PERCENTAGE PRIOR TO OFFSET

([3] x [4])

(not to exceed column [5])

([5] - [6])

[7] ÷ Total of [7]

[9]

NET ASSOCIATION ASSESSMENT PERCENTAGE

     

(After application of offset)