Texas has the most heavily regulated title insurance market in the country. Unlike all but one other state, the government sets a fixed rate for title insurance, preventing competition for consumer’s business. This rate functions as a monopoly price that consumers are forced to pay. By requiring the purchase of comprehensive, one-size-fits-all title insurance policies at a fixed rate, Texas increases costs for both consumers and businesses by millions of dollars every year. This paper shows the source of these excess costs that consumers pay and the excess profits that flow to the Texas title insurance industry: heavy regulation championed by the industry that has resulted in Texas having some of the highest prices for title insurance in the country.
Economy
The Left Hid César Chávez’s Rapes And Turned Him Into A Saint
When I was in college, I passed the César Chávez statue every day on my walk to class at the University of Texas. Now, César Chávez is the name of the road I take to work. For years, Chávez was presented as the figurehead for Mexican Americans, a symbol we were expected to revere. But...
March 23, 2026