Texas Department of Insurance News

Medical Care Readily Accessible for Injured Employees in Texas, Study Shows

Access to medical care for injured workers has greatly improved in Texas over the past 15 years, a study commissioned by the Texas Department of Insurance shows. A September 2016 study by TDI’s Research and Evaluation Group (REG) found that …

Applicants Sought for Texas Medical Liability Insurance Underwriting Assoc. Board

The Texas Department of Insurance is accepting applications through November 30 for a public member position on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment term is for one year. The association is a self-supporting entity …

Texas Health Clinic Owner Sentenced for Workers’ Comp, Insurance Fraud

The owner of a Houston health clinic pled guilty to insurance fraud after billing for medical services – often provided to injured employees – despite having no licensed medical staff at the clinic, the Texas Department of Insurance reported. Instead, …

Texas Insurance Officials Fine Zenefits $550K for Noncompliance

The Texas insurance regulators have fined human resources software startup, Zenefits, $550,000 for its past use of unlicensed health insurance brokers. The Texas Department of Insurance said YourPeople Inc., more commonly known as Zenefits, used unlicensed staff to sell and …

Texas Sets Workers’ Comp Discount, Interest Rate for Q4 2016

The Texas Department of Insurance, Division of Workers’ Compensation has set a rate of 4.11 percent for any interest or discount provided for in the state’s workers’ compensation statute. The rate is effective for the fourth quarter of 2016. This rate …

Officials Say Texas’ Closed Formulary Is Lowering Workers’ Comp Costs

A recent analysis by researchers at the Texas Department of Insurance shows that the Texas pharmacy closed formulary is lowering costs and reducing the use of opioids in the workers’ compensation system, the department announced. “Other states are interested in …

Texas Regulators: Houston Attorney Pleads Guilty to Insurance Fraud

Texas officials say a Houston attorney has pleaded guilty at the conclusion of a multi-year investigation into a criminal organization that set up fake auto accidents and medical bills. Investigators with the Texas Department of Insurance, the Texas Department of …

Texas Workers’ Comp Discount, Interest Rate Set for Q3

The Texas Department of Insurance, Division of Workers’ Compensation has set the rate for any interest or discount provided for the third quarter of 2016 at 4.03 percent. This rate is computed by using the treasury constant maturity rate for …

Texas Insurance Agent Arrested in Scam Targeting Elderly Clients

A Lubbock, Texas-based insurance agent has been arrested on charges of defrauding elderly victims through an annuity scam. The Texas Department of Insurance reported that Joseph Allen Gaines was arrested last month on charges that he kept clients’ money that …

Texas to Hold Hearing on Mandatory Mediation-Arbitration Endorsements

At least one insurer in Texas has filed to add an endorsement to the homeowners policy that would require mandatory mediation-arbitration in claim disputes. The endorsement would be attached to a homeowners policy at the policyholder’s option, with a premium …