Capital highlights: Senate bill would curb home insurance rates without approval - Wise County Messenger
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1 Articles
Capital highlights: Senate bill would curb home insurance rates without approval - Wise County Messenger
ADOBE STOCK Lawmakers in the Texas Senate are considering a measure that would require home insurers to get approval from regulators before increasing rates more than 10 percent, the Houston Chronicle reported. The bill, sponsored by state Sen. Charles Schwertner, R-Georgetown, would also create a three-member commission to oversee the Texas Department of Insurance. The veteran legislator and others have accused the agency of failing to prioriti…
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