February 26, 2016
The Texas Department of Insurance reported it has adopted rules pertaining to property insurance changes resulting from legislation passed in 2013 and 2015. Residential Property Declarations Page The new rules include requirements for residential property insurance policy declarations pages and …
February 9, 2016
The Texas Department of Insurance is accepting applications through March 11 for two public member positions on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment terms are for one year. The association is a self-supporting entity …
February 2, 2016
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced a grace period for employers without workers’ compensation insurance coverage or that terminated their coverage (non-subscribers) to report their non-coverage status to DWC without penalty. This grace period also …
January 29, 2016
Dozens of Texas plants similar to a fertilizer facility that exploded in the town of West in 2013, one of Texas’ worst industrial accidents, are still operating near schools, hospitals and residential neighborhoods, federal regulators say. A report released by …
January 13, 2016
Texas Workers’ Compensation Commissioner Ryan Brannan is lowering the maintenance tax rate paid on premiums collected by workers’ compensation insurance carriers for the third straight year, the Texas Department of Insurance announced. The tax rate for premiums collected in 2015 …
January 7, 2016
The Texas Windstorm Insurance Association has submitted new mandatory endorsements for its dwelling and commercial insurance policies to the Texas Department of Insurance for approval. The endorsements add storm doors to the list of items in the “Property Not Covered” …
December 30, 2015
Texas is dealing with approximately $1.2 billion in insured losses so far from nine confirmed tornadoes that struck the metro-Dallas area on Dec. 26 and killed 11 people, according to preliminary estimates from the Insurance Council of Texas. The group …
December 23, 2015
The Texas Department of Insurance has issued an order to repeal the rules, factors, values, endorsements, and forms in the Texas Retrospective Rating Plan Manual (Texas Retro Plan) for new and renewal workers’ compensation policies written on a retrospectively rated …
November 30, 2015
Texas Department of Insurance reported that Actuarial Director Mike Boerner is this year’s recipient of the Robert Dineen Award, the highest honor for a state regulator bestowed by the National Association of Insurance Commissioners (NAIC). As chair of an NAIC …
November 20, 2015
Sara Waitt, general counsel at the Texas Department of Insurance, is retiring in December after 24 years with the agency. TDI Chief Clerk Norma Garcia has been named at the agency’s new general counsel and Associate Commissioner Stan Strickland becomes …