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TWIN Policyholder FAQ: TWIN Premiums and Adjusted Building Cost (ABC) Factor Increases August 2022 Is it true that my TWIN premiums are increasing 11 percent even though the TWIN Board of Directors
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The TWIA board votes no when they do not approve a specific action or decision.
Members of the TWIA board are required to file a vote of no if they do not agree with a particular proposal or resolution.
To fill out a TWIA board vote of no, a member must clearly state their opposition to the action being taken and provide reasons for their disagreement.
The purpose of TWIA board votes no is to allow members to express their dissent and ensure that decisions are made with full consideration of different perspectives.
A TWIA board vote of no must include the name of the member voting against, the specific action or decision they are opposing, and the reasons for their dissent.
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