Texas Department of Insurance News

Texas to Hold Hearings on Workers’ Comp Rates and Relativities

The Texas Department of Insurance has scheduled public hearings to review rates charged by insurers for workers’ compensation insurance in this state, and to consider revised Texas workers’ compensation classification relativities. The hearings will proceed consecutively, and will begin at …

Texas Investigated More than 550 Insurance Fraud Cases in 2013

Texas Department of Insurance Fraud Unit opened investigations into more than 550 insurance fraud cases in 2013. More than $10.3 million in insurance fraud was identified in criminal cases referred for prosecution in 2013, the department said. Court-ordered restitution for …

Texas Seeks Comments on Rule Extending Time to File Windstorm Claims

The Texas Department of Insurance is seeking informal comments on a draft rule outlining how a policyholder with the Texas Windstorm Insurance Association may request additional time for filing a claim with TWIA. Insurance Code §2210.205 permits the commissioner to …

Loving, Paul, Vickers Appointed to Texas Surplus Lines Board

Texas Commissioner of Insurance Julia Rathgeber has appointed Randle Loving, Paul Rainey and Cynthia Vickers to the board of directors of the Surplus Lines Stamping Office of Texas for terms to expire Dec. 31, 2016. Loving is vice president of …

Texas Regulators Post Summaries of Property/Casualty Insurance Bills for 2013

The Texas Department of Insurance has posted information and brief summaries of selected bills enacted during the 83rd Legislative regular session that relate to property/casualty insurance. The bills listed may require action by regulated individuals and entities. The department advised …

Texas Raises Adjusted Gross Annual Payroll Requirement for Seasonal Workers

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has determined that the adjusted annual payroll requirement of an employer for the coverage of seasonal workers has increased from $52,287 to $53,124. This is an increase of 1.6 percent based …

Stakeholders to TDI: Not So Fast on Marketplace Navigator Rules

State lawmakers and representatives from health insurance marketplace navigator organizations are questioning both the timing of an effort by Texas regulators to craft rules regarding navigators and the need for rules that go beyond those already in place on the …

New Deputy Commissioners Appointed at Texas Department of Insurance

The Texas Department of Insurance announced that selections have been made for two agency deputy commissioner positions. Mark Einfalt will serve as deputy commissioner of compliance beginning Sept. 23, 2013. He will lead the activities of the consumer protection, enforcement …

Houston Insurance Agent Sentenced to 10 Years in Prison

An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer premiums, the Texas Department of Insurance reported. TDI said McKinley Shumate, 59, of Houston was sentenced to 10-years in prison …

Texas, Oklahoma Battle Opioids With Legislation

Editor’s Note: This is part of a team report on opioid use by injured workers. For the national story read: Opioid Epidemic Plagues Workers’ Comp In the South Central region, Texas and Oklahoma are two states where the battle against opioid …