The Texas Department of Insurance released the following statement regarding the investigation by the attorney general of New York into the business practices of certain brokers and insurers:
“The Texas Department of Insurance is aware of the developments in New York alleging improper pricing and sales practices by some brokers and insurers and is actively looking into the matter. As always, we will vigorously enforce our laws and take whatever action is appropriate after our investigation is concluded. At this point, we have no further comment.”
TDI noted that complaints relating to this or any other insurance matter should be registered with the department. Complaints may be registered online via the TDI Web site.
Topics New York
Was this article valuable?
Here are more articles you may enjoy.
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s 
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports 
Truck Driver in Fatal Crash Repeatedly Failed Driving Tests, Florida AG’s Office Says 
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group 
