2013 Texas Legislative Session
The Texas Legislature convenes on January 8, 2013. During the interim, TCAIS has been working with policymakers on a number of important insurance issues and we forward to working with legislators during the session to continue to improve the health of the P&C insurance marketplace in our state. More Details
Risk Management
Insurers are required by law to consider a host of factors when determining a rate, including loss experience and the peculiar hazards and experiences of individual risks. While each insurance company evaluates risk differently, there are things home and auto owners can do to reduce their risk exposure and help reduce rates.
Texas Weather Losses
Texas has the most severe weather in the country. In fact, Texas has exposure to nine different types of natural disasters – the most among any state in the country.
Texas insurers continue to prepare for unpredictable weather losses. During “good weather” years with fewer claims, insurers reserve consumer premiums to prepare for future catastrophes. What some see as “profits” can be quickly wiped out, and the state’s entire insurance system destabilized. Learn More
Competition
Texas consumers today benefit from a more competitive insurance market, increased availability of insurance and lower rates. However, while legislative reforms have helped improve our competitive market, it is important for state policymakers to continue the movement towards a more predictable regulatory environment for rates to ensure Texans reap the benefits of a truly competitive marketplace. Read More
Hurricane Preparedness
Every year tropical storms and hurricanes threaten the southern and eastern United States with high winds, torrential rains, flooding, and tornadoes, putting thousands of lives and billions of dollars in property at risk.
Learn how you can help keep your family safe
Texas Windstorm Insurance Association (TWIA)
Over the past several years policies passed by the Texas Legislature have incrementally improved TWIA. However, continued progress is needed to ultimately make the private market more competitive, slow the growth or reduce the size of TWIA, and create a realistic cost structure for maintaining property on the coast. Read More
