Texas Department of Insurance News

Texas Lifting Insurance-Related COVID-19 Suspensions

A bulletin issued by the Texas Department of Insurance outlines actions the agency is taking to return to the ordinary course of business after Texas Gov. Greg Abbott rescinded suspensions of insurance-related statutes and rules issued in response to the …

The Texas Department of Insurance Issued a Notice about New Online Agent Exams

The Texas Department of Insurance issued a notice this week of the availability of a new option to take a certification exam at your home or at an office online for most major insurance agent lines. An off-site monitor will …

Texas Seeks Applicants for Insurance Boards, Committees

The Texas Department of Insurance is accepting applications for these boards and committees: Fair Access to Insurance Requirements (FAIR) Plan Governing Committee Surplus Lines Stamping Office of Texas Board of Directors Standard Request Form for Prior Authorization of Prescription Drug …

Texas Warns of Flooded Vehicles Hitting Resale Market

The Texas Department of Insurance has warned flood-damage vehicles may be hitting the state’s resale market following the heavy rains and flooding that swamped Louisiana and Southeast Texas in May. TDI noted that ccam artists will buy salvage cars at …

Texas Issues Call to Insurance Companies for 2019 North Texas Storm Data

The Texas Department of Insurance has issued a call to insurers licensed to write property/casualty insurance in Texas, including surplus lines and farm mutual insurers for the collection of data about a 2019 storm in North Texas. Reporting is required …

Texas Seeks Comments on Windstorm Insurer Rules, Classification for Oil, Gas

The Texas Department of Insurance (TDI) seeks comments on an informal draft to improve the structure of Texas Windstorm Insurance Association (TWIA) rules. These updates do not include revisions to the rule text. Visit the TDI website to view the …

Texas Nonstandard Auto Insurer Placed into Receivership

A Travis County, Texas, judge has approved an order placing a Houston-based nonstandard auto insurer into receivership. On Oct. 21, Travis County District Judge Tim Sulak signed the application by the Texas Department of Insurance to appoint a rehabilitator and …

Texas Workers’ Comp Networks Have Lower Medical Costs Than Non-Networks

Texas workers’ compensation claims handled through health care networks have lower medical costs than those managed outside networks, a state report finds. The Texas Department of Insurance has published its 2020 Workers’ Compensation Network Report Card Results showing networks outperform …

Former Texas Insurance Agent Sentenced to 14 Years in Prison

Lynn “Skipper” Strickland of Parker County, Texas, a former insurance agent who sold policies while claiming his license was still in effect, has been sentenced to 14 years in state prison for fraud, state insurance regulators reported. From 2014 through …

Texas to Add New Fee to Insurance Form Filings Starting in September

There will be an additional $20.50 fee on insurance form filings beginning Sept. 1 in Texas, the state insurance department has reported. The Texas Department of Insurance said fee will support a technology project that uses artificial intelligence and increased …