In early 2008, most drivers in Texas (read, “many of your insureds”) will come under the new Financial Responsibility Verification Program aimed at reducing the number of drivers without proper proof of financial responsibility. The exact date is yet to …
Insurance agents’ errors and omissions policies are not created equal. An agent who purchases E&O based solely on price may experience a rude awakening when it’s time to report a claim. Here are just a few areas where coverage may …
The 2002 premium and loss data for Texas provides hope for the future of Texas insurance markets. Here are the highlights in review: • The aggregate loss ratio for all Texas companies for all lines of business was 78.4 percent …
The 2001 premium and loss data for Texas verifies everything you heard from the insurance companies — it was a really bad year. Here are the highlights in review: • Texas accounts for 7 percent of the national premium volume, …
The books are closed on 2000 Texas premium and loss information for the insurance industry. IIAT’s annual review of market share data contains a few surprises, some good news and some bad news. Here are the highlights in review: • …
