Reform of the Texas homeowners’ insurance market in 2003 called for a file-and-use regulatory system. However, in 2009, the Sunset Advisory 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.” Conditions have little improved since the report was issued.
Tracking Local Government Debt in Texas: 2016 – 2025
Local governments in Texas have accumulated excessive public debt. Strict reforms are necessary to restore fiscal discipline. Key points: In fiscal year 2025, local government borrowing reached nearly $561 billion in combined principal and interest, which is $17,706 in debt per capita. From 2016 to 2025, total local debt rose from $331.8 billion to $561...