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- Large hail, tornado threat possible Thursday evening
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Can math alone decide a windstorm insurance rate hike for the Texas coast?
Corpus Christi business leaders are preparing for a big fight Thursday against windstorm insurance rate hikes. On that day, the Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee will meet in Austin. WHAT’S AN ACTUARIAL COMMITTEE It might help to know, first, what an “actuarial” is. The insurance industry employs people called “actuaries” who practice a discipline known as actuarial science. Actuaries are the people who tell insurers how much they need to charge you in…
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