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Tag: Texas

Texas Moves to Tighten Regulation on Property Insurance Rate Increases

Texas legislators propose a bill requiring insurers to get state approval before raising homeowners insurance rates, responding to rising premiums linked to natural disasters. The bill aims to replace the file-and-use system with stricter regulatory oversight.

North Texas Homeowners Face 22% Insurance Premium Increase in 2024

North Texas homeowners see a 22% rise in insurance premiums in 2024 driven by increased storm claims and rising material costs, impacting mortgage affordability and lending.

Texas Hospitals Treat Tens of Thousands of Unauthorized Patients, Costs Run into Millions

Texas hospitals have treated tens of thousands of patients not lawfully present in the U.S., with care costs reaching millions. State efforts seek to formalize reporting and address uncompensated care burdens.

Texas Health Insurer Under Investigation for Hiring Private Detectives

Texas health insurance company Superior Health Plan is under investigation for hiring private investigators to follow customers and officials. The CEO's admission raises serious ethical concerns.

Texas Considers State-Funded Auto Insurance Option to Lower Rates

Texas Senator Roland Gutierrez proposes a public option for affordable auto insurance to combat rising premiums and foster competition in the market.

Texas Sees Major Hail Increase; Insurance Costs Surge

Texas experiences significant hail damage and rising insurance costs due to severe weather events, impacting homeowners with high premiums.