Consumers understand that a competitive and vibrant short-term credit market provides them consumer choice and access to needed financial services. There is and will continue to be a market demand for small, short-term loans.
Homeowners’ Insurance
Reform of the Texas homeowners’ insurance market in 2003 called for a file-and-use regulatory system. However, in 2009, the Sunset Review Commission’s Staff Report on the Texas Department of Insurance (TDI) rightly concluded that the “Legislature cannot judge the success of the shift to file-and-use rate regulation because the system has not been fully implemented.”...