The Texas Title Insurance Monopoly

Impact of a Border- Adjustment Tax on the Texas Insurance Market

Applying a destination-based cash flow tax—better known as a “border-adjustment tax,” or BAT—to the import of reinsurance would have significant effects on the cost and availability of a range of insurance products. This report projects that, for Texas consumers, the impact would be $3.39 billion in higher property-casualty insurance premiums over the next decade.

HB 4239 & SB 2203: The Texas Title Insurance Monopoly

Testimony on HB 4239 and SB 2203 by Bill Peacock

Bringing Down the House (Price)

A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...