A change in homeowners’ insurance regulation passed by the 78th Texas Legislature goes into effect in December 2004. Because it transforms the state from a “flexible band” to a “file and use” regulatory environment, the law – SB 14 – in theory moves Texas closer to being a free market in insurance. In the context of the homeowners’ insurance market as a whole, this paper examines the hoped-for positive outcomes and potential pitfalls of SB 14, which includes a provision for “subsequent disapproval” rulings by the insurance commissioner.
Local Government
Come and Build It: Housing Policy Reform in Texas
Texas is short more than 300,000 housing units, while 90% of Texans are worried about affordability. To ease these twin crises, policymakers passed an ambitious set of free-market-minded measures to boost supply and lower costs. Key points: The 89th Texas Legislature passed five key housing market reforms to increase supply, reduce government interference, and improve...
November 3, 2025