Texas Fair Plan Association News

Texas FAIR Plan Rate Increase Filings Approved

The Texas Department of Insurance (TDI) has approved the FAIR Plan’s rate changes. The changes resulted in overall statewide average rate increases for homeowners, dwelling, condominium and renters policies. On Jan. 22, 2021, the FAIR Plan Association filed residential property …

Texas Delays FAIR Plan Rate Changes; OKs Windstorm Insurer Policy Forms

The Texas Department of Insurance has moved the effective date of approved rate changes for the state’s FAIR Plan from May 1, 2020, to Aug. 1, 2020. TDI said the date change was due to the impact of the coronavirus …

Texas OKs Rate Changes for Texas FAIR Plan

The Texas Department of Insurance has approved various rate changes for the Texas Fair Access to Insurance Requirements Plan Association (FAIR Plan). On Dec. 20, 2019, the FAIR Plan filed residential property insurance rates for its homeowners (HO-A), dwelling (TDP-1), …

Insurance Commissioner OKs Fees, Rate Hikes for Texas Fair Plan

Texas Insurance Commissioner Kent Sullivan has approved a request by the Texas Fair Plan Association to raise rates and revise/implement various fees. The commissioner denied, however, the plan’s request to end premium discounts for electronic burglar alarms and automatic sprinkler …