Mississippi wind pool buys $815 million of reinsurance
by R.J. Lehmann May 1, 2012
The Mississippi Windstorm Underwriting Association, which has not raised wind pool rates since 2006, is retaining $71.5 million of risk this year, up from $51.5 million in 2011.
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by R.J. Lehmann April 30, 2012
According to TWIA’s own actuaries, there is a 27 percent chance it would not be able to cover all of its liabilities during the 2012 hurricane season if it doesn’t move to raise rates.
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