10/21/2013

The chairman of the Texas Senate's Business and Commerce Committee has called on Insurance Commissioner Julia Rathgeber to suggest methods of reducing homeowners insurance costs. Rathgeber said that policies offering reduced coverage, as Sen. John Carona proposed, could help lower rates but would require "really strong disclosure." The state also should promote competition to prompt lower rates, Rathgeber said.

Full Story:
Insurance Journal

Related Summaries