Texas Department of Insurance News

Fraud Leads to 20-Year Prison Sentence for Houston Insurance Agent

Harris County District Attorney Devon Anderson that a Houston-based insurance agent has been sentenced to 20 years in prison after a Texas Department of Insurance investigation uncovered an annuity scam, in which she bilked almost a dozen elderly clients out of more …

TDI: Back-to-Back Texas Storms Prompt Questions on Deductibles

The Texas Department of Insurance reported it has been getting questions about deductibles after back-to-back storms hit the North Texas area. Insurers have the ability to make decisions on deductibles on a case-by-case basis. In situations where an insurer has …

2nd March Hailstorm in North Texas Deemed an Insurance Catastrophe

The Texas insurance regulators say the weather-related event that occurred March 23 – 24 in Dallas, Tarrant, Denton and Collin Counties is a catastrophe for the purpose of claims processing. Claims resulting directly from the identified catastrophe in the counties …

Texas Regulators: Mid-March Hail Storm Was Insurance ‘Catastrophe’

The Texas Department of Insurance has determined the weather-related event that occurred March 16, 2016, through March 17, 2016, in the counties of Dallas, Tarrant, Johnson, and Parker is a catastrophe for the purpose of claims processing. The designation allows …

Texas Seeking Employer Representative for Workers’ Comp Appeals Panel

The Texas Department of Insurance is seeking an employer representative to serve on the Texas Workers’ Compensation Appeals Panel. The panel resolves policyholder disputes with insurance carriers that are referred by the National Council on Compensation Insurance (NCCI). The panel …

Texas Seeks Comments on Windstorm Inspection Rule

The Texas Department of Insurance is seeking comments on an informal working draft of amendments that would update the rule relating to items not requiring inspection for the purposes of windstorm and hail insurance coverage through the Texas Windstorm Insurance …

Texas Adopts Rules for Residential Property Dec Pages, TWIA Premium Surcharge

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 …

Texas Seeks Applicants for Medical Liability Insurance Underwriting Assoc. Board

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 …

Texas Extends Reporting Period for Workers’ Comp Non-Subscriber Status

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 …

Dozens of Dangerous Texas Chemical Plants Operate near Public Centers: Report

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 …