2023-2025 Basic Premium Rate Review & Hearing


Following the conclusion of the separate 2025 rate-setting process that resulted in the Texas Department of Insurance’s December 2025 ruling establishing a new basic premium rate, the court dismissed TLTA’s legal challenge to the Commissioner’s February 2025 order. Because a rate was set through the subsequent rate process, continuation of the legal action was no longer necessary and the related court cases dismissed. 

Both the administrative hearing process and related legal proceedings detailed below have now concluded.

The 2023–2025 basic premium rate review involved two parallel tracks that stemmed from the same rate-setting process:

  • (1) TDI’s administrative rate hearing process, which began in 2023, and
  • (2) TLTA’s legal challenge to the Commissioner’s February 2025 order requiring a 10% rate reduction, which was issued as a result of that 2023–2025 review.
     

Read more about the 2025 Basic Premium Rate Hearing here.


Rate Review & Hearing Chronology

This section outlines all actions taken by TDI as part of its administrative rate review and hearing process.

  • September 20, 2023 — TDI announces first informal public stakeholder meeting to discuss the basic premium rate on Oct. 26, 2023. This was not a formal proceeding at which decisions were made, but rather an opportunity for interested parties to share data analysis and relevant comments.

  • December 12, 2023 —  TDI holds second stakeholders meeting, at which TLTA and our team of experts represented the industry and continued to demonstrate to TDI the current gridlocked state of the real estate market and the ongoing increase in industry expenses of all kinds.

  •  July 9, 2024 — TDI announces that they would hold a hearing to consider a change to the title insurance basic premium rates. This initial hearing was scheduled for September 19, 2024 but canceled.

  • October 22, 2024 — TDI holds a public meeting on title insurance rates at which TLTA represented the industry and presented our actuarial report and title rate overview and analysis.

  • November 1, 2024 — TLTA formally requests a public hearing under Insurance Code §2703.202 to evaluate title insurance premium rates.

  • November 8, 2024 —  TDI announces that the hearing would take place on January 21, 2025. However, due to inclement weather, the hearing was postponed and held on January 23, 2025.

  • February 6, 2025 — TDI Commissioner Cassie Brown announces 10% basic premium rate reduction effective July 1, 2025. You can review TDI's order here.


Hearing Related Notices and Documents

TLTA Documents

TDI Documents

OPIC Documents


Legal Proceedings Chronology

This section provides a step-by-step account of TLTA’s legal efforts to challenge the Commissioner’s February 2025 order. These dates concern court actions and appeals only and are separate from the above TDI rate review process.


Related Court Filings and Legal Documents

TLTA Documents

TDI Documents