Articles by Jim Vertuno

Texas Restructures Windstorm Insurance Fund

Texas Gov. Rick Perry on Friday signed into law bills to restructure the state’s windstorm insurance fund, the only property insurer for homeowners and business in 14 coastal counties, and provide financial help to areas still struggling to recover from …

Time Running Out for Texas’ Windstorm Association Bill

Time is running out on the Texas Legislature. Several big issues — including restoring the state’s windstorm insurance fund — were in final negotiations as the last weekend of the 140-day session turned into a mad scramble of attempts to …

Sunset Report Says Texas Homebuilder Agency Should Go

The Texas Residential Construction Commission should be abolished because it is ineffective and frustrates homeowners trying to get builders to address defects in their homes, according to a state agency review. Created in 2003, the agency does not have the …

Texas denies State Farm rate hike

Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer. State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent boost to cover costs …

Texas Denies State Farm Rate Hike

Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer. State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent boost to cover costs …