Category: Insurance

The windstorm insurance bill fixed the symptoms without solving the underlying problems with TWIA. General revenue is no longer at risk, but coastal policy holders are still stuck with the most expensive windstorm insurance possible and taxpayers and policyholders statewide will still have to pick up the bill That will especially be true if we…

Texas Department of Insurance sunset legislation would have made modest improvements to the status quo, but the failure of the TDI sunset bill means consumers will still be subject to the regulatory confusion they’ve suffered thought over the last decade or so. Unless, of course, the entire Texas Department of Insurance goes away. Something similar happened…