As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February. That number reflects preliminary results from a data call issued February 26 to property and …
Texas regulators have denied a request for a 5% rate increase by the state’s insurer of last resort for wind and hail for properties along the Texas coast. The Texas Department of Insurance (TDI) has rejected the Texas Windstorm Insurance …
Texas has selected Insurance Services Office Inc. (ISO) as the statistical agent for the Texas Catastrophe Event Statistical Plan for Personal and Commercial Risks. ISO’s selection follows the Sept. 15, 2020, insurance commissioner’s Order No. 6467 adopting 28 TAC § …
The Texas Department of Insurance has issued a bulletin reminding all regulated entities, their agents, and their representatives that they are responsible for the accuracy of the data used in rating, underwriting, and claims handling – even if the data …
Veterans who passed any Texas insurance exam since early 2019 can now get reimbursed for the fee after the U.S. Department of Veteran Affairs approved the state’s request, the insurance department said. Veterans may seek reimbursement of exam fees going …
The Texas Office of Public Insurance Counsel (OPIC) has asked the Texas Department of Insurance (TDI) to conduct a special data call of the top 10 auto insurance groups in the state to gather information about personal auto claims during …
The Texas Department of Insurance is accepting comments on a newly posted rule proposal that repeals and amends requirements for the delivery or renewal of named driver automobile policies. This rule implements HB 259, which passed in 2019 and prohibits …
The Texas Department of Insurance (TDI) has issued a reminder to carriers that Insurance Code Section 559.103 provides for exceptions to the use of credit scores affected by certain events, including temporary job loss. TDI said the exemption applies following …
The start date for implementation of the new building code standard for Texas’ property insurance provider for wind and hail in counties along the state’s coastline has been extended. The Texas Department of Insurance (TDI) issued an emergency rule to …
The Texas Department of Insurance (TDI) said it is expediting approvals for property/casualty filings that provide additional coverage or relief to policyholders during the COVID-19 outbreak. Recent filings related to COVID-19 include: Some auto insurers filed to remove delivery exclusions …
