Hurricanes may garner more attention but in Texas, hailstorms, not hurricanes, are the most damaging weather events that Texans face annually, according to the state’s insurance regulators. And, unlike hurricanes, hailstorms occur in every part of the state. Last year …
Texas insurance regulators are seeking a consultant to explore options for restructuring the insurer of last resort for properties along the Texas coast. The Texas Department of Insurance has issued a request for proposal (RFP) seeking assistance in identifying, evaluating …
The Texas Legislature, which adjourned its regular session on May 30, passed a number of bills of interest to the property and casualty insurance industry, including tort reform legislation and a measure requiring that certificate of insurance forms be approved …
