April 30, 2004

  SPECIAL EDITION

Mindy Carr
Director of Government Affairs

Insurance Commissioner Reduces Texas Title Insurance Rates by 6.5%
Effective July 1, 2004
On April 23, 2004, Texas Insurance Commissioner Jose Montemayor issued his final order in the Texas Title Insurance Biennial Rate Hearing.  The Commissioner’s final order makes specific Findings of Fact based upon the testimony and written reports and analyses presented by expert witnesses at the hearing. MORE STORY

Special Session Update School Finance Proposals Run the Gamut -
Some Potentially Harmful to Business
You know how the old saying goes. Politics is a lot like the weather in Texas. If you don’t like what it’s doing outside, wait around 5 minutes and it will change. You can say the same thing about the debate on school finance. MORE STORY





 

 

Newly Adopted Rate Rules Provide More Industry Options
The Insurance Commissioner’s final order adopts all proposed Rate Rules, including 5 new Rate Rules authorizing rates for endorsements and amends 5 existing Rate Rules.  Beginning July 1, 2004 you may charge the following rates in conjunction with issuance of the 5 new endorsements approved by the Commissioner at the 2002 Biennial Rule Hearing:

NEW RATE RULES (Click on each rate rule to go to the final adopted version of each rule.)
R-29- Premium for Restrictions, Encroachments, Minerals Endorsement (T-19) and Restrictions, Encroachments, Minerals Endorsement- Owner Policy (T-19.1) MORE STORY