The Texas Automobile Insurance Plan Association filed rate increases of 4.9 percent for private passenger auto insurance and 3.9 percent for commercial auto coverage. The proposed rate increases for new and renewal businesses is Feb. 1, 2019. The filed rates are subject to review by the Texas Department of Insurance. The filing must be approved or disapproved by Oct.10, 2018, unless the renewal time period is extended by the insurance commissioner.
Topics Trends Auto Commercial Lines Business Insurance Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’ 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
Tech and Finance Sectors Losing 28,000 Jobs Monthly Show AI Impact on Labor 
Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar From This Issue
