Texas Department of Insurance News

Texas Warns of Flooded Vehicles Hitting Resale Market

The Texas Department of Insurance has warned flood-damage vehicles may be hitting the state’s resale market following the heavy rains and flooding that swamped Louisiana and Southeast Texas in May. TDI noted that ccam artists will buy salvage cars at …

Texas Issues Call to Insurance Companies for 2019 North Texas Storm Data

The Texas Department of Insurance has issued a call to insurers licensed to write property/casualty insurance in Texas, including surplus lines and farm mutual insurers for the collection of data about a 2019 storm in North Texas. Reporting is required …

Texas Seeks Comments on Windstorm Insurer Rules, Classification for Oil, Gas

The Texas Department of Insurance (TDI) seeks comments on an informal draft to improve the structure of Texas Windstorm Insurance Association (TWIA) rules. These updates do not include revisions to the rule text. Visit the TDI website to view the …

Texas Nonstandard Auto Insurer Placed into Receivership

A Travis County, Texas, judge has approved an order placing a Houston-based nonstandard auto insurer into receivership. On Oct. 21, Travis County District Judge Tim Sulak signed the application by the Texas Department of Insurance to appoint a rehabilitator and …

Texas Workers’ Comp Networks Have Lower Medical Costs Than Non-Networks

Texas workers’ compensation claims handled through health care networks have lower medical costs than those managed outside networks, a state report finds. The Texas Department of Insurance has published its 2020 Workers’ Compensation Network Report Card Results showing networks outperform …

Former Texas Insurance Agent Sentenced to 14 Years in Prison

Lynn “Skipper” Strickland of Parker County, Texas, a former insurance agent who sold policies while claiming his license was still in effect, has been sentenced to 14 years in state prison for fraud, state insurance regulators reported. From 2014 through …

Texas to Add New Fee to Insurance Form Filings Starting in September

There will be an additional $20.50 fee on insurance form filings beginning Sept. 1 in Texas, the state insurance department has reported. The Texas Department of Insurance said fee will support a technology project that uses artificial intelligence and increased …

Texas Issues Price Comparison Data Call to Auto/Residential Insurers

The Texas Department of Insurance (TDI) has issued a data call to insurance companies writing personal automobile and residential property policies in the state. The department said the information is needed for price comparison on the HelpInsure website. HelpInsure.com is …

Texas Returning to Normal Temporary Agent License Process on Aug. 15

The Texas Department of Insurance will return to normal processing for temporary agent licenses beginning on Aug. 15. Anyone with a temporary license issued August 15 or earlier will have until Nov. 13 to get a regular license. Those with …

Texas Workers’ Comp Division Issues Data Call for COVID-19 Injuries

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has issued a mandatory data call for certain information related to COVID-19 injuries reported to selected insurance carriers on or after Dec. 1, 2019. The Workers’ Compensation Research and Evaluation …