May 21, 2008
Minerals Coverage Issue Update
As we reported last week, TLTA has continued to work with and provide input to the Texas Department of Insurance (TDI) on Bulletin #168 regarding minerals coverage.
In response to these industry concerns, Gene Jarmon, TDI General Counsel, has scheduled a meeting with a group of industry representatives later this week. The purpose of the meeting is to refine and identify issues relating to this bulletin. Participants include industry representatives, as well as staff from the Guaranty Association, TDI and the Office of Public Insurance Counsel. TLTA will participate in this meeting and represent the concerns we have heard from our membership.
We will provide you with an update as soon as we have any additional information to report. In the meantime, please know that we are doing all we can to address your concerns and resolve this issue, and we appreciate your continued input and support. Please contact Leslie Midgley at 512.472.6593 if you have any questions.