H.B. No. 2841 amends the Texas Insurance Code to update the underwriting standards for the Texas Windstorm Insurance Association (TWIA) regarding structures that meet specific construction standards. The bill introduces a new provision that allows certification of compliance with fortified home, multifamily, or commercial construction standards published by the Insurance Institute for Business and Home Safety as an alternative to the existing certificate of compliance. This change is intended to streamline the insurance eligibility process for structures built or modified after June 19, 2009, by allowing them to be insured even without a traditional certificate of compliance, provided they meet the specified construction standards.

Additionally, the bill modifies existing subsections to clarify the eligibility criteria for insurance coverage and introduces a new subsection that exempts certain policies from specific requirements if they pertain to structures covered under the new certification standards. The changes will only apply to structures constructed or altered after the effective date of the Act, which is set for September 1, 2025. The TWIA is also required to propose amendments to its operational plan to align with these new legal requirements.

Statutes affected:
Introduced: Insurance Code 2210.152 (Insurance Code 2210)
House Committee Report: Insurance Code 2210.152, Insurance Code 2210.258, Insurance Code 2210.259 (Insurance Code 2210)