supplemental exhibit i map of regions · supplemental exhibit i map of regions . final presentation...

FINAL PRESENTATION TO THE TEXAS LEGISLATURE

Supplemental Exhibits

1 | P a g e

TEXAS DEPARTMENT OF INSURANCE

SUPPLEMENTAL EXHIBIT I

MAP OF REGIONS


Supplemental Exhibit I: Map of Regions

2 | P a g e



Supplemental Exhibit II: Residential Property Windstorm and Hail Litigation Data by Event (Section II)

3 | P a g e


SUPPLEMENTAL EXHIBIT II

FINAL RESULTS

RESIDENTIAL PROPERTY WINDSTORM AND HAIL

LITIGATION DATA (SECTION II)

BY EVENT



4 | P a g e


Note: There are few claims with attorney or PA involvement in our sample for events 1-3 and events 7-9; this can cause a large amount of variability in the averages.

*Data for these events is immature. These averages will change as claims from these events that take more time to be reported and closed are settled by insurers. Data includes claims reported through

March 31, 2016. In some cases, companies included claims reported through the date they submitted the data to TDI. In some cases, claims status is as of the date the company submitted data to TDI.

8394

133

306

198

100 117

81 64

0

50

100

150

200

250

300

350

1 2 3 4 5 6* 7* 8* 9*

Avg

. T

ime t

o C

lose

(in

Da

ys)

Event Number

Statewide Average Time to Close a Claim (in Days)(Based Only on Sampled Claims Closed as of March 31, 2016)

0

100

200

300

400

500

600

700

800

900

1 2 3 4 5 6* 7* 8* 9*

Avg

. T

ime t

o C

lose

(in

Da

ys)

Event Number

Statewide Average Time to Close a Claim (in Days) Attorney or PA Involved vs. No Attorney or PA Involved(Based Only on Sampled Claims Closed as of March 31, 2016)

Attorney or PA Involved No Attorney or PA Involved All Closed Claims



5 | P a g e


Combined for Events 1-5* as of March 31, 2016

Type of Claim

Avg.

Number

of Days

Until

First

Close

Avg.

Number

of Days

Until

Final

Close

Avg. Payment through Date Claim First Closed Avg. Payment through Date Claim Last Closed

Loss Payment Loss Expense

Payment

Loss and Loss

Expense

Payments

Loss Payment Loss Expense

Payment

Loss and Loss

Expense

Payments

Known Lawsuits 59 745 $ 6,659 $ 590 $ 7,249 $ 34,882 $ 9,683 $ 44,566

Attorney, Unknown or No Lawsuit 20 750 $ 5,557 $ 130 $ 5,687 $ 43,340 $ 6,629 $ 49,969

No Attorney or PA Involved 32 153 $ 7,585 $ 120 $ 7,705 $ 12,530 $ 264 $ 12,794

All Closed Claims 33 200 $ 7,489 $ 144 $ 7,633 $ 14,528 $ 907 $ 15,435

*Events 6-9 occurred in 2014 and 2015. These events were excluded because the data for these years is immature and does not yet include claims that take longer to settle. Data includes claims reported

through March 31, 2016. In some cases, companies included claims reported through the date they submitted the data to TDI. In some cases, claims status is as of the date the company submitted data to

TDI.

745 750

153 200

0

100

200

300

400

500

600

700

800

900

Known Lawsuits Attorney, Unknown or No

Lawsuit

No Attorney or PA

Involved

All Closed Claims

Avera

ge T

ime t

o C

lose

(in

Da

ys)

Statewide Average Time to Close a Claim (in Days)

Events 1-5*No Attorney or PA / Attorney or PA / Lawsuits

(Based Only on Sampled Claims Closed as of March 31, 2016)

$44,566 $49,969

$12,794

$15,435

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

Known Lawsuits Attorney, Unknown or

No Lawsuit

No Attorney or PA

Involved

All Closed Claims

Avera

ge L

oss

an

d E

xp

en

se P

ay

men

t

Average Loss and ALAE Paid as of Final Close

Events 1-5*No Attorney or PA / Attorney or PA / Lawsuit

(Based Only on Sampled Claims Closed as of March 31, 2016)



6 | P a g e


0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1 2 3 4 5 6 7 8 9

Percen

tag

e o

f R

ep

orte

d C

laim

s

Event Number

Percentage of Claims by Claim Status at First Close

All Claims, by Event

Closed - No Payment Closed With Payment Closed - Unknown Payment Not Closed

5%

10%9%

10%

5%

12%

8% 8%

11%

0%

5%

10%

15%

20%

25%

1 2 3 4 5 6 7 8 9

Percen

tag

e o

f R

ep

orte

d C

laim

s

Event Number

Percentage of Claims Closed With No Payment at First Close

All Claims, by Event



7 | P a g e


Data for events 1-3 and 7-9 is not shown because each event had fewer than 50 claims involving attorneys, PAs, or lawsuits. Information for all claims for these events is shown on Page 6.

10%

18%

72%

0%


Event 4, Mar. 28 - Apr. 5, 2012, Hidalgo County

All Claims

Closed - No Payment Closed - Unknown Payment

Closed With Payment Not Closed

20%

18%

61%

0%



Claims with Attorney or PA Involvement





8 | P a g e



10%

18%

72%

0%



All Claims



11%

24%

64%

1%



Claims with Lawsuits





9 | P a g e



5%

9%

86%

0%


Event 5, May 27-30, 2013, Amarillo Area

All Claims



5%

14%

81%

0%








10 | P a g e



5%

9%

86%

0%



All Claims



3%

16%

82%

0%








11 | P a g e


Note: Event 6 had about 200 claims involving attorneys or PAs and less than 100 claims involving lawsuits. Small numbers of claims can increase the variability of the results. Data for events 1-3 and 7-9

is not shown because each event had fewer than 50 claims involving attorneys, PAs, or lawsuits. Information for all claims for these events is shown on Page 6.

12%

11%

77%

0%


Event 6, Apr. 2-5, 2014, Collin County

All Claims



23%

30%

46%

1%








12 | P a g e


Note: Event 6 had about 200 claims involving attorneys or PAs and less than 100 claims involving lawsuits. Small numbers of claims can increase the variability of the results. Data for events 1-3 and 7-9

is not shown because each event had fewer than 50 claims involving attorneys, PAs, or lawsuits. Information for all claims for these events is shown on Page 6.

12%

11%

77%

0%



All Claims



12%

44%

42%

2%








13 | P a g e


*Date of attorney involvement is the earliest of: (i) date of letter of representation or demand letter; and (ii) date of lawsuit.

0

5

10

15

20

25

7/8

/200

9

10

/8/2

009

1/8

/201

0

4/8

/201

0

7/8

/201

0

10

/8/2

010

1/8

/201

1

4/8

/201

1

7/8

/201

1

10

/8/2

011

1/8

/201

2

4/8

/201

2

7/8

/201

2

10

/8/2

012

1/8

/201

3

4/8

/201

3

7/8

/201

3

10

/8/2

013

1/8

/201

4

4/8

/201

4

7/8

/201

4

10

/8/2

014

1/8

/201

5

4/8

/201

5

7/8

/201

5

10

/8/2

015

1/8

/201

6

4/8

/201

6

Nu

mb

er o

f C

laim

s

Number of Claims by Day of Attorney Involvement*

Event 1 (Jul. 8-9, 2009, North Texas)

0

5

10

15

20

25

7/8

/200

9

10

/8/2

009

1/8

/201

0

4/8

/201

0

7/8

/201

0

10

/8/2

010

1/8

/201

1

4/8

/201

1

7/8

/201

1

10

/8/2

011

1/8

/201

2

4/8

/201

2

7/8

/201

2

10

/8/2

012

1/8

/201

3

4/8

/201

3

7/8

/201

3

10

/8/2

013

1/8

/201

4

4/8

/201

4

7/8

/201

4

10

/8/2

014

1/8

/201

5

4/8

/201

5

7/8

/201

5

10

/8/2

015

1/8

/201

6

4/8

/201

6

Nu

mb

er o

f C

laim

s

Number of Claims by Day Suit Filed

Event 1 (Jul. 8-9, 2009, North Texas)

NO SUITS REPORTED FOR THIS EVENT

0

5

10

15

20

25

7/2

3/2

010

10

/23/2

010

1/2

3/2

011

4/2

3/2

011

7/2

3/2

011

10

/23/2

011

1/2

3/2

012

4/2

3/2

012

7/2

3/2

012

10

/23/2

012

1/2

3/2

013

4/2

3/2

013

7/2

3/2

013

10

/23/2

013

1/2

3/2

014

4/2

3/2

014

7/2

3/2

014

10

/23/2

014

1/2

3/2

015

4/2

3/2

015

7/2

3/2

015

10

/23/2

015

1/2

3/2

016

4/2

3/2

016

Nu

mb

er o

f C

laim

s


Event 2 (Jul. 23-24, 2010, Houston Area)

0

5

10

15

20

25

7/2

3/2

010

10

/23/2

010

1/2

3/2

011

4/2

3/2

011

7/2

3/2

011

10

/23/2

011

1/2

3/2

012

4/2

3/2

012

7/2

3/2

012

10

/23/2

012

1/2

3/2

013

4/2

3/2

013

7/2

3/2

013

10

/23/2

013

1/2

3/2

014

4/2

3/2

014

7/2

3/2

014

10

/23/2

014

1/2

3/2

015

4/2

3/2

015

7/2

3/2

015

10

/23/2

015

1/2

3/2

016

4/2

3/2

016

Nu

mb

er o

f C

laim

s


Event 2 (Jul. 23-24, 2010, Houston Area)



14 | P a g e



0

5

10

15

20

25

6/2

0/2

011

9/2

0/2

011

12

/20/2

011

3/2

0/2

012

6/2

0/2

012

9/2

0/2

012

12

/20/2

012

3/2

0/2

013

6/2

0/2

013

9/2

0/2

013

12

/20/2

013

3/2

0/2

014

6/2

0/2

014

9/2

0/2

014

12

/20/2

014

3/2

0/2

015

6/2

0/2

015

9/2

0/2

015

12

/20/2

015

3/2

0/2

016

6/2

0/2

016

Nu

mb

er o

f C

laim

s


Event 3 (Jun. 20-22, 2011, Dallas-Fort Worth Area)

0

5

10

15

20

25

6/2

0/2

011

9/2

0/2

011

12

/20/2

011

3/2

0/2

012

6/2

0/2

012

9/2

0/2

012

12

/20/2

012

3/2

0/2

013

6/2

0/2

013

9/2

0/2

013

12

/20/2

013

3/2

0/2

014

6/2

0/2

014

9/2

0/2

014

12

/20/2

014

3/2

0/2

015

6/2

0/2

015

9/2

0/2

015

12

/20/2

015

3/2

0/2

016

6/2

0/2

016

Nu

mb

er o

f C

laim

s


Event 3 (Jun. 20-22, 2011, Dallas-Fort Worth Area)

0

10

20

30

40

50

60

70

80

3/2

8/2

012

5/2

8/2

012

7/2

8/2

012

9/2

8/2

012

11

/28/2

012

1/2

8/2

013

3/2

8/2

013

5/2

8/2

013

7/2

8/2

013

9/2

8/2

013

11

/28/2

013

1/2

8/2

014

3/2

8/2

014

5/2

8/2

014

7/2

8/2

014

9/2

8/2

014

11

/28/2

014

1/2

8/2

015

3/2

8/2

015

5/2

8/2

015

7/2

8/2

015

9/2

8/2

015

11

/28/2

015

1/2

8/2

016

3/2

8/2

016

5/2

8/2

016

Nu

mb

er o

f C

laim

s


Event 4 (Mar 28-Apr 5, 2012, Hidalgo County)

0

10

20

30

40

50

60

70

80

3/2

8/2

012

5/2

8/2

012

7/2

8/2

012

9/2

8/2

012

11

/28/2

012

1/2

8/2

013

3/2

8/2

013

5/2

8/2

013

7/2

8/2

013

9/2

8/2

013

11

/28/2

013

1/2

8/2

014

3/2

8/2

014

5/2

8/2

014

7/2

8/2

014

9/2

8/2

014

11

/28/2

014

1/2

8/2

015

3/2

8/2

015

5/2

8/2

015

7/2

8/2

015

9/2

8/2

015

11

/28/2

015

1/2

8/2

016

3/2

8/2

016

5/2

8/2

016

Nu

mb

er o

f C

laim

s


Event 4 (Mar 28-Apr 5, 2012, Hidalgo County)



15 | P a g e



0

5

10

15

20

25

30

35

40

5/2

7/2

013

7/2

7/2

013

9/2

7/2

013

11

/27/2

013

1/2

7/2

014

3/2

7/2

014

5/2

7/2

014

7/2

7/2

014

9/2

7/2

014

11

/27/2

014

1/2

7/2

015

3/2

7/2

015

5/2

7/2

015

7/2

7/2

015

9/2

7/2

015

11

/27/2

015

1/2

7/2

016

3/2

7/2

016

5/2

7/2

016

Nu

mb

er o

f C

laim

s


Event 5 (May 27-30, 2013, Amarillo Area)

0

5

10

15

20

25

30

35

40

5/2

7/2

013

7/2

7/2

013

9/2

7/2

013

11

/27/2

013

1/2

7/2

014

3/2

7/2

014

5/2

7/2

014

7/2

7/2

014

9/2

7/2

014

11

/27/2

014

1/2

7/2

015

3/2

7/2

015

5/2

7/2

015

7/2

7/2

015

9/2

7/2

015

11

/27/2

015

1/2

7/2

016

3/2

7/2

016

5/2

7/2

016

Nu

mb

er o

f C

laim

s


Event 5 (May 27-30, 2013, Amarillo Area)

0

5

10

15

20

25

4/2

/201

4

5/2

/201

4

6/2

/201

4

7/2

/201

4

8/2

/201

4

9/2

/201

4

10

/2/2

014

11

/2/2

014

12

/2/2

014

1/2

/201

5

2/2

/201

5

3/2

/201

5

4/2

/201

5

5/2

/201

5

6/2

/201

5

7/2

/201

5

8/2

/201

5

9/2

/201

5

10

/2/2

015

11

/2/2

015

12

/2/2

015

1/2

/201

6

2/2

/201

6

3/2

/201

6

4/2

/201

6

5/2

/201

6

6/2

/201

6

Nu

mb

er o

f C

laim

s


Event 6 (Apr. 2-5, 2014, Collin County)

0

5

10

15

20

25

4/2

/201

4

5/2

/201

4

6/2

/201

4

7/2

/201

4

8/2

/201

4

9/2

/201

4

10

/2/2

014

11

/2/2

014

12

/2/2

014

1/2

/201

5

2/2

/201

5

3/2

/201

5

4/2

/201

5

5/2

/201

5

6/2

/201

5

7/2

/201

5

8/2

/201

5

9/2

/201

5

10

/2/2

015

11

/2/2

015

12

/2/2

015

1/2

/201

6

2/2

/201

6

3/2

/201

6

4/2

/201

6

5/2

/201

6

6/2

/201

6

Nu

mb

er o

f C

laim

s


Event 6 (Apr. 2-5, 2014, Collin County)



16 | P a g e



0

5

10

15

20

25

6/5

/201

4

7/5

/201

4

8/5

/201

4

9/5

/201

4

10

/5/2

014

11

/5/2

014

12

/5/2

014

1/5

/201

5

2/5

/201

5

3/5

/201

5

4/5

/201

5

5/5

/201

5

6/5

/201

5

7/5

/201

5

8/5

/201

5

9/5

/201

5

10

/5/2

015

11

/5/2

015

12

/5/2

015

1/5

/201

6

2/5

/201

6

3/5

/201

6

4/5

/201

6

5/5

/201

6

6/5

/201

6

Nu

mb

er o

f C

laim

s


Event 7 (Jun. 5-8, 2014, Panhandle/West Texas)

0

5

10

15

20

25

6/5

/201

4

7/5

/201

4

8/5

/201

4

9/5

/201

4

10

/5/2

014

11

/5/2

014

12

/5/2

014

1/5

/201

5

2/5

/201

5

3/5

/201

5

4/5

/201

5

5/5

/201

5

6/5

/201

5

7/5

/201

5

8/5

/201

5

9/5

/201

5

10

/5/2

015

11

/5/2

015

12

/5/2

015

1/5

/201

6

2/5

/201

6

3/5

/201

6

4/5

/201

6

5/5

/201

6

6/5

/201

6

Nu

mb

er o

f C

laim

s


Event 7 (Jun. 5-8, 2014, Panhandle/West Texas)

0

5

10

15

20

25

4/2

2/2

015

5/1

3/2

015

6/3

/201

5

6/2

4/2

015

7/1

5/2

015

8/5

/201

5

8/2

6/2

015

9/1

6/2

015

10

/7/2

015

10

/28/2

015

11

/18/2

015

12

/9/2

015

12

/30/2

015

1/2

0/2

016

2/1

0/2

016

3/2

/201

6

3/2

3/2

016

4/1

3/2

016

5/4

/201

6

5/2

5/2

016

6/1

5/2

016

Nu

mb

er o

f C

laim

s


Event 8 (Apr. 22-28, 2015, Bexar County)

0

5

10

15

20

25

4/2

2/2

015

5/1

3/2

015

6/3

/201

5

6/2

4/2

015

7/1

5/2

015

8/5

/201

5

8/2

6/2

015

9/1

6/2

015

10

/7/2

015

10

/28/2

015

11

/18/2

015

12

/9/2

015

12

/30/2

015

1/2

0/2

016

2/1

0/2

016

3/2

/201

6

3/2

3/2

016

4/1

3/2

016

5/4

/201

6

5/2

5/2

016

6/1

5/2

016

Nu

mb

er o

f C

laim

s


Event 8 (Apr. 22-28, 2015, Bexar County)



17 | P a g e



0

5

10

15

20

25

6/1

2/2

015

6/2

6/2

015

7/1

0/2

015

7/2

4/2

015

8/7

/201

5

8/2

1/2

015

9/4

/201

5

9/1

8/2

015

10

/2/2

015

10

/16/2

015

10

/30/2

015

11

/13/2

015

11

/27/2

015

12

/11/2

015

12

/25/2

015

1/8

/201

6

1/2

2/2

016

2/5

/201

6

2/1

9/2

016

3/4

/201

6

3/1

8/2

016

4/1

/201

6

4/1

5/2

016

4/2

9/2

016

5/1

3/2

016

5/2

7/2

016

6/1

0/2

016

6/2

4/2

016

Nu

mb

er o

f C

laim

s


Event 9 (Jun. 12-13, 2015, North Texas/West Texas)

0

5

10

15

20

25

6/1

2/2

015

6/2

6/2

015

7/1

0/2

015

7/2

4/2

015

8/7

/201

5

8/2

1/2

015

9/4

/201

5

9/1

8/2

015

10

/2/2

015

10

/16/2

015

10

/30/2

015

11

/13/2

015

11

/27/2

015

12

/11/2

015

12

/25/2

015

1/8

/201

6

1/2

2/2

016

2/5

/201

6

2/1

9/2

016

3/4

/201

6

3/1

8/2

016

4/1

/201

6

4/1

5/2

016

4/2

9/2

016

5/1

3/2

016

5/2

7/2

016

6/1

0/2

016

6/2

4/2

016

Nu

mb

er o

f C

laim

s


Event 9 (Jun. 12-13, 2015, North Texas/West Texas)


Supplemental Exhibit III: TDI Residential Property Market Data by Region (All Data Excludes TWIA, FAIR Plan, and Farm Mutual Insurers)

18 | P a g e


SUPPLEMENTAL EXHIBIT III

TDI RESIDENTIAL PROPERTY

MARKET DATA

BY REGION


Supplemental Exhibit III: TDI Market Data by Region (All Data Excludes TWIA, FAIR Plan, and Farm Mutual Insurers)

19 | P a g e


*Claims and losses are on an occurrence year basis (year of loss) and developed by TDI staff to their estimated ultimate settlement value by cause of loss using historic statewide development patterns.

60.7%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Statewide

Loss Ratio (Losses per Dollar of Premium), 2000-2015*

Hail Windstorm Water Damage

Fire All Other Average

57.0%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Central Texas




61.5%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Dallas-Fort Worth Metroplex




65.3%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

East Texas






20 | P a g e



289.8%200.6%

55.5%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Houston Area and Southeast Texas




70.2%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

North Texas (Excluding DFW)




251.5%

39.0%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Other Seacoast




344.7%

88.6%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Panhandle






21 | P a g e



319.3%244.3%

70.8%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

South Texas




328.5%

84.4%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Southwest Texas




74.6%

0%

25%

50%

75%

100%

125%

150%

175%

200%

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

West Texas






22 | P a g e



11.0

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

Statewide

Claim Frequency (per 100 Policies), 2000-2015*



9.8

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

Central Texas




12.0

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s





10.3

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

East Texas






23 | P a g e



47.0

10.0

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s





32.0

13.3

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s





5.7

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

Other Seacoast




35.5 47.5 16.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

Panhandle






24 | P a g e



8.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

South Texas




47.0

11.8

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

Southwest Texas




31.9

14.9

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

West Texas






25 | P a g e



Claims were adjusted for inflation based on changes in the average insured value for dwellings.

$919

$-

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

Statewide

Inflation-Adjusted Average Loss per Policy, 2000-2015*


Fire All Other 16- Yr. Avg. All Perils

$684

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

Central Texas




$990

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy





$806

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

East Texas






26 | P a g e




$4,694$3,236

$1,062

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy





$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy





$4,099

$647

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

Other Seacoast




$3,498$5,448

$1,470

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

Panhandle






27 | P a g e




$3,629

$820

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

South Texas




$596

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

Southwest Texas




$1,139

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Avera

ge L

oss

per P

oli

cy

West Texas






28 | P a g e



21%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

Statewide

Hail Loss Ratio (Losses per Dollar of Premium), 2000-2015*

Hail Average

20%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

Central Texas


Hail Average

29%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)



Hail Average

12%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

East Texas


Hail Average



29 | P a g e


*Claims and losses are on an occurrence year basis (year of loss) and developed by TDI staff to their estimated ultimate settlement value by cause of loss using historic statewide development patterns

6%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)



Hail Average

28%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)



Hail Average

3%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

Other Seacoast


Hail Average

155.0%

60%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

Panhandle


Hail Average

314.8%



30 | P a g e



268.0%

28%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

South Texas


Hail Average

266.4%

44%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

Southwest Texas


Hail Average

150.2%

45%

0%

25%

50%

75%

100%

125%

150%

Ha

il L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

West Texas


Hail Average



31 | P a g e



13%

0%

25%

50%

75%

100%

125%

150%

Win

d L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)

Statewide

Windstorm Loss Ratio (Losses per Dollar of Premium), 2000-2015*

Windstorm Average

6%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Central Texas


Windstorm Average

6%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)



Windstorm Average

19%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

East Texas


Windstorm Average



32 | P a g e



24%

0%

25%

50%

75%

100%

125%

150%

Win

d L

oss

Ra

tio

(L

oss

es p

er $

1 P

rem

ium

)



Windstorm Average

261.3%

11%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)



Windstorm Average

5%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Other Seacoast


Windstorm Average

8%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Panhandle


Windstorm Average



33 | P a g e



13%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

South Texas


Windstorm Average

14%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

Southwest Texas


Windstorm Average

9%

0%

25%

50%

75%

100%

125%

150%

Win

d

Lo

ss R

ati

o (

Lo

sses

per $

1 P

rem

ium

)

West Texas


Windstorm Average



34 | P a g e



3.9

0.0

6.0

12.0

18.0

24.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

Statewide

Hail Claim Frequency (per 100 Policies), 2000-2015*

Hail 16-Yr. Avg.

3.8

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

Central Texas


Hail Average

5.6

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s



Hail Average

2.4

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

East Texas


Hail Average



35 | P a g e



1.4

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s



Hail Average

10.1

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s



Hail Average

0.6

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

Other Seacoast


Hail Average

35.5

47.5

10.1

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

Panhandle


Hail Average



36 | P a g e



2.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

South Texas


Hail Average

4.8

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

Southwest Texas


Hail Average

7.7

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id H

ail

Cla

ims

per

10

0 P

oli

cie

s

West Texas


Hail Average



37 | P a g e



2.6

0.0

6.0

12.0

18.0

24.0

30.0

Pa

id C

laim

s p

er 1

00

Po

licie

s

Statewide

Windstorm Claim Frequency (per 100 Policies), 2000-2015*

Windstorm Average

1.6

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

Central Texas


Windstorm Average

1.7

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s



Windstorm Average

3.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

East Texas


Windstorm Average



38 | P a g e



47.0

4.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s



Windstorm Average

2.1

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s



Windstorm Average

1.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

Other Seacoast


Windstorm Average

2.1

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

Panhandle


Windstorm Average



39 | P a g e



2.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

South Texas


Windstorm Average

2.4

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

Southwest Texas


Windstorm Average

2.5

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Pa

id W

ind

sto

rm

Cla

ims

per

10

0 P

oli

cie

s

West Texas


Windstorm Average



40 | P a g e




$315

$0

$500

$1,000

$1,500

$2,000

$2,500

Avera

ge L

oss

per P

oli

cy

Statewide

Inflation-Adjusted Average Hail Loss per Policy, 2000-2015*

Hail Average

$244

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

Central Texas

Inflation-Adjusted Avg. Hail Loss per Policy, 2000-2015*

Hail Average

$469

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy



Hail Average

$157

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

East Texas


Hail Average



41 | P a g e




$131

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy



Hail Average

$429

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy



Hail Average

$38

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

Other Seacoast


Hail Average

$1,012

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

Panhandle


Hail Average

$3,140

$4,996



42 | P a g e




$302

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

South Texas


Hail Average

$3,071

$1,837

$320

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

Southwest Texas


Hail Average

$677

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. H

ail

Lo

ss p

er P

oli

cy

West Texas


Hail Average



43 | P a g e




$194

$0

$500

$1,000

$1,500

$2,000

$2,500

Avera

ge L

oss

per p

er P

oli

cy

StatewideInflation-Adjusted Average Windstorm Loss per Policy, 2000-2015*

Windstorm Average

$73

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

Central Texas

Inflation-Adjusted Avg. Windstorm Loss per Policy, 2000-2015

Windstorm Average

$103

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy


Inflation-Adjusted Avg. Windstorm Loss per Policy, 2000-2015*

Windstorm Average

$244

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

East Texas


Windstorm Average



44 | P a g e




$448

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy



Windstorm Average

$4,324

$157

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy



Windstorm Average

$84

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

Other Seacoast


Windstorm Average

$129

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

Panhandle


Windstorm Average



45 | P a g e




$144

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

South Texas


Windstorm Average

$104

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

Southwest Texas


Windstorm Average

$148

$0

$500

$1,000

$1,500

$2,000

$2,500

Avg

. W

ind

sto

rm

Lo

ss p

er P

oli

cy

West Texas


Windstorm Average



46 | P a g e




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

Statewide

Inflation-Adjusted Average Hail Loss per Hail Claim, 2000-2015*

Hail (Infl. Adj.) Hail (Actual)

Best Fit: Growth Rate 3.1% Best Fit (Actual): Growth Rate 7.8%

$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

Central Texas

Inflation-Adjusted Average Loss per Hail Claim, 2000-2015*


Best Fit (Infl. Adj.): Growth Rate 3.8% Best Fit (Actual): Growth Rate 8.6%

$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im





$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

East Texas






47 | P a g e




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im





$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im





$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

Other Seacoast




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

Panhandle






48 | P a g e




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

South Texas




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

Southwest Texas




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per H

ail

Cla

im

West Texas






49 | P a g e




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

C

laim

Statewide

Inflation-Adjusted Avg. Loss per Windstorm Claim, 2000-2015*

Wind (Infl. Adj.) Wind (Actual)

Best Fit: Growth Rate 1.9% Best Fit (Actual): Growth Rate 6.4%

$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

Central Texas




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im





$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

East Texas






50 | P a g e




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im





$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im





$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

Other Seacoast



Best Fit (Infl. Adj.): Growth Rate -1.4% Best Fit (Actual): Growth Rate 3.0%

$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

Panhandle






51 | P a g e




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

South Texas




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

Southwest Texas




$-

$3,000

$6,000

$9,000

$12,000

$15,000

$18,000

Avera

ge L

oss

per W

ind

sto

rm

Cla

im

West Texas




supplemental exhibit i map of regions · supplemental exhibit i map of regions . final presentation...

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