While TDI has chosen to implement the law with a finger on the regulatory side of the scale, the main source of regulatory uncertainty in the homeowners’ insurance market today stems from the poorly crafted statute in the Texas Insurance Code.
Local Government
Austin’s Guaranteed Indigent Program
Things have gotten expensive in Austin. According to Salary.com, the cost of living is reportedly 9.1% higher than the national average, with the largest differentials being observed in health care, food and housing. The cost of childcare is also relatively high, with the average annual payment totaling $8,759. “This cost is ranked NO. 31 nationally.”...
October 3, 2023