Governor Abbott Directs TDI to Take Action on Property Insurance

Governor Greg Abbott calls for change in the state’s insurance industry

Texas Governor Greg Abbott is calling on the Texas Department of Insurance to follow a new directive he has planned, as high costs have made “ hit Texas families hard.”

Abbott Orders Action as Texas Homeowners Insurance Premiums Surge 79 Percent

The governor directed state insurance regulators to crack down on certain underwriting practices and pursue measures aimed at lowering costs. The post Abbott Orders Action as Texas Homeowners Insurance Premiums Surge 79 Percent appeared first on Texas Scorecard.

Governor Abbott Directs TDI to Take Action on Property Insurance

Gov. Greg Abbott is directing the Texas Department of Insurance to take a series of steps aimed at reducing property insurance costs as homeowners across the state face sharply higher premiums. Abbott said Monday that the average annual homeowners insurance premium in Texas has increased 79% over the past six years. Under the governor’s directive, TDI is being asked to require insurance companies to consider a home’s FORTIFIED roof status when c…

Governor Directs TDI to Take Action to Make Property Insurance More Affordable

overnor Greg Abbott directed the Texas Department of Insurance (TDI) to take several actions that put consumers first and make property and casualty insurance more affordable for Texans who invest in their homes. The post Governor Directs TDI to Take Action to Make Property Insurance More Affordable appeared first on Texas Border Business.