Insurance News

TX Supreme Court Upholds Licensing Requirements, Restricts Contractors from Claim Negotiations

June 29, 2024

The Texas Supreme Court has firmly ruled that contractors cannot act as public adjusters on insurance claims or advertise themselves as insurance claims negotiators without holding an adjuster’s license. This decision overturns a prior Texas appeals court ruling and upholds a 2003 state law, which the court found does not infringe upon free speech or…

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home insurance claim form

What if My Homeowners Insurance Claim Isn’t Paying Enough?

June 3, 2024

If you disagree with the adjuster’s final claim estimate, tell the company why. The company may have overlooked something and may make adjustments. Make sure to send any supporting documentation, such as a contractor’s estimate for the repairs. If you still disagree, you have several options to challenge your insurer’s decision. Request An Appraisal Your…

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txhomeinsurancecostinflation

Texas Homeowners Insurance Costs Keep Skyrocketing, Here’s Why

May 30, 2024

The cost of homeowners insurance can fluctuate over time due to a variety of reasons. Some of the key factors that can drive up the cost include: Natural Disasters and Extreme Weather Events: An increase in the frequency or severity of natural disasters, such as hurricanes, wildfires, floods, or tornadoes, can result in higher claims.…

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Texas Flag

What Does the Texas Department of Insurance Do? The Definitive List

May 30, 2024

The Texas Department of Insurance (TDI) serves as the primary regulator for the insurance industry in the state of Texas. Its primary mission is to protect insurance consumers by ensuring that the insurance industry operates fairly and efficiently. Here’s a list of what the Texas Department of Insurance does, with explanations for each function: Licensing:…

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100 Insurance Companies Sue ERCOT, Power Generators for 2021 Winter Storm Losses

April 2, 2024

More than 100 insurance companies are suing the Texas power grid operator and dozens of power generators, over losses and property damage sustained during the winter storm last February. The lawsuit, filed in Travis County District Court, said the Electric Reliability Council of Texas (ERCOT) and 37 different power generating entities were “at fault” for…

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Freedom Insurance Group
3861 Long Prairie Rd Ste 110
Flower Mound, TX 75028
Phone: (972) 798-3769

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