The amount of surplus lines insurance premium written in Texas rose by 25 percent as of the end of October compared with the same period the year before, signaling a boost to companies operating in this sector. The state of …
Among the hundreds of bills filed by Texas lawmakers on the first day of filing for the 2013 legislative session are a handful of proposals related to property/casualty insurance. There are bound to be more, but one overriding property insurance …
Among the top recommendations by a consulting firm hired by Texas insurance regulators to investigate and report on ways to restructure the state’s property insurer of last resort in coastal areas is to reduce the commission percentages for insurance agents …
The Texas Windstorm Insurance Association is not sustainable and likely won’t be until the state spreads the costs of risks associated with major hurricane strikes beyond just Texans living in coastal areas, the state’s top insurance official said. Eleanor Kitzman, …
In a move that’s angered consumer advocates and doctor groups, Texas’ top insurance regulator has canceled new rules designed to help consumers avoid getting big bills for out-of-network care. The rules were meant to give more than four million Texans …
Going into the peak time of the year for hurricane development, Texas’ property insurance company of last resort in coastal areas has around $800 million in available cash to immediately handle claims in the event a storm hits the state’s …
Texas top regulator has posted a response to an email campaign addressing homeowners insurance rates and issues initiated by a consumer advocacy group. Hundreds of emails sent to Texas Insurance Commissioner Eleanor Kitzman on July 13 apparently overloaded the Texas …
Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new. Responding to a letter sent to her by State Rep. John Smithee, chairman of the House …
Texas’ insurer of last resort for wind and hail in coastal counties will remain under the administrative control of state regulators and it will file for a 5 percent rate increase in August to become effective Jan. 1, 2012. At …
Southeast Texas has a new team dedicated to fighting insurance fraud. Texas Department of Insurance (TDI) Commissioner Eleanor Kitzman and Harris County District Attorney Patricia Lykos announced that the Harris County District Attorney’s Office has a new insurance fraud prosecutor …
