Texas has the most heavily regulated title insurance market in the country. The Texas Department of Insurance (TDI) sets the price and coverage of residential and commercial title insurance. The TDI also promulgates the division of premiums between title companies and agents. As a result, competition is eliminated from the title insurance market, and costs increase for both consumers and businesses.
2019-20 LEGISLATOR’S GUIDE TO THE ISSUES
A comprehensive guide to the most important issues facing Texas during the 86th Session of the Legislature. Among the issues covered in this Guide are education, taxes and spending, health care, effective justice, private property rights, insurance, telecommunications, transportation, tort reform, energy, and natural resources.