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.
Texas’s fragmented bail system lacks oversight, allowing bondsmen to profit while repeat offenders cycle through release with little accountability. Statewide regulation would strengthen enforcement, improve data transparency, and better protect public safety across counties. Key Points The current regulations for bondsmen in Texas provides limited oversight and a lack of consistency, leading to incongruous enforcement...
Texas has become the nation's economic engine in large part because we have allowed competition to bring lower prices and better products in markets such as telecommunications, electricity and oil and gas. Title insurance should be no different.