Texas Insurance Commissioner Cassie Brown is retiring on Feb. 2 after more than four years overseeing the Texas Department of Insurance.
Appointed by the governor, the Texas insurance commissioner oversees the regulation of the $293 billion Texas insurance market, the second largest in the nation. Texas Governor Greg Abbott has not announced who will replace Brown.
As commissioner, Brown steered regulatory oversight of the market, which includes over 3,400 companies and licensing over 875,000 agents and adjusters. Brown focused on educating consumers about insurance coverage, claim filing, and avoiding scams, TDI said in a statement.
“I leave knowing that TDI can be counted on to protect consumers, maintain a competitive insurance market to provide consumers with a choice in the company they use and insurance products they purchase, and provide industry with a stable regulatory environment that welcomes new business and innovation to the state,” said Brown.
David Durden, General Manager of the Texas Windstorm Insurance Association said Brown directed the oversight of a challenging industry “with fairness and an emphasis on the importance of a well-functioning insurance market to the Texas economy.”
“Under her leadership, TDI has worked to keep windstorm and other property insurance available for homeowners and businesses on the Texas coast and throughout the state even in the face of insurer insolvencies and market constrictions,” he said.
Brown took over as insurance commissioner in September 2021 after serving as the commissioner of workers’ compensation. Brown served as deputy commissioner for regulatory policy at TDI from 2011 until heading DWC.
“I have had the pleasure of working with Commissioner Brown in different capacities and roles for nearly 20 years and most recently during her tenure as commissioner,” said Albert Betts, executive director, Insurance Council of Texas. “We appreciate all she has done for the Texas insurance market to maintain a strong and competitive marketplace and her sincere belief in doing what she believed was best for consumers and companies. The insurance commissioner has a tough job, and she approached it with enthusiasm and a sense of fairness.”
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
2 New Jersey Pilots Killed in Helicopter Collision Frequented Nearby Cafe Together 
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup 
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ 
