Texas Insurance Commissioner Kent Sullivan will resign from his post in September and return to the private sector, the Texas Department of Insurance reported. In his three years at the agency, Sullivan, who took the top leadership job in October …
The employees of the state agency in charge of regulating the insurance industry in Texas might not put it this way, but in a sense, operationally at least, they have been preparing for the current health crisis brought on by …
In mid-October, Texas Insurance Commissioner Kent Sullivan denied a request by the Texas Windstorm Insurance Association (TWIA) to raise its maximum liability limits for new and renewal policies with an effective date of Jan. 1, 2020, or later. TWIA is …
A new law in Texas that goes into effect on Sept. 1 makes it clear that it’s illegal for a contractor or roofer to waive an insurance deductible, according to the state insurance department. “This new law will help further …
A year ago, it took months for insurance agents and adjusters to get continuing education transcripts, course credit and other information from the Texas Department of Insurance. Today, it takes about two weeks, according to the state agency. The improvement …
Note: The is the third article in a series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. The Texas agency responsible for regulating insurance business in the state has been on a mission to modernize, increase efficiency, strengthen …
Note: This is the second article in a three-part series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. Texas’ chief insurance regulator wants the insurance industry to clean up its language. And, no, he’s not talking about the …
Note: This is the first of a three-part series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. Becoming the chief insurance regulator of a large and populous state with the second largest insurance market in the country was …
Texas Gov. Greg Abbott has effectively extended until June 16, 2019, the deadline for approval or disapproval of a recent rate increase filed by the Texas Windstorm Insurance Association. The governor did so by suspending a section of the Insurance …
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 …
