Texas has the most restrictive regulation of title rates and forms (policies) in the nation, allowing no opportunity for insurers to innovate with their products or lower rates to compete for business directly from the consumer. Texas should introduce competition into the title insurance market by moving to a file-and-use system.
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.