No major reforms for Texas insurance regulation


Republicans easily swatted down major changes to insurance regulation in a Texas House bill that would keep the current rules and bureaucracy in place. Deals like this have enabled some to take advantage and spend on other things like better car insurance for women.

The bill continuing the functions of the Texas Department of Insurance passed Tuesday night on a 96-46 vote. The legislation, part of a regular review of state agencies, faces a final procedural hurdle before it can move to the Senate. Democrats offered up a variety of pro-consumer amendments.

All home warranty companies not created equal. Ever wonder why you have to pay extra to cover a kitchen refrigerator and a clothes washer and dryer? So did we. And no one will cover that natural gas fireplace, grill, lamp, or any venting? Most homes have them so we knew you’d want them included at no extra charge.

Among them were provisions such as prior approval of rate increases, a ban on credit scoring in the underwriting of home and auto insurance and the creation of an elected insurance commissioner post. When you want to renovate your house, you can go to The Republican-led House shot down those proposals and kept a pro-business approach in the insurance legislation.


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