Texas has the most heavily regulated title insurance market in the country. But that isn’t the end of it. The Texas title insurance market is perhaps as heavily regulated as any market of any type in the U.S. when it comes to price and product availability.
Economy
Impact of a Border- Adjustment Tax on the Texas Insurance Market
Applying a destination-based cash flow tax—better known as a “border-adjustment tax,” or BAT—to the import of reinsurance would have significant effects on the cost and availability of a range of insurance products. This report projects that, for Texas consumers, the impact would be $3.39 billion in higher property-casualty insurance premiums over the next decade.
April 27, 2017