Insurance News

Texas landlords will have to disclose flood risk to tenants eff Jan 1st 2022

January 1, 2022

Twenty-three new Texas laws go into effect on Jan. 1. None are as high-profile as some of the big-ticket items that passed during the state’s four legislative sessions this year – like the state’s strict abortion and voting laws – but they’ll nonetheless impact Texans in some fashion. Below is a list of every new…

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Concurrent Causation And The Insurance Policyholder’s Burden To Segregate Damages In Texas

December 31, 2021

In property insurance disputes involving concurrent-cause issues, Texas law places the burden on a policyholder to segregate alleged damages between covered and non-covered causes of loss. See Lyons v. Millers Casualty Insurance Co. of Texas. So, does this mean that a policyholder can meet this burden by simply insisting that 100% of the alleged damages…

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Texas Homeowners Insurance Costs Rising More Rapidly Than Inflation

December 30, 2021

NORTH TEXAS (CBSDFW.COM/CNN) — Home insurance premiums for the New Year appear to be rising faster than inflation in Texas and across the country. According to the Insurance Information Institute, the average homeowner may see a 4-percent increase on the cost of their homeowner’s policy for 2022. In fact, since 2017, premium rates are up…

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Auto Insurance

Car Insurance Blunders; Reasons They Can Deny Your Car Repair Estimates

November 21, 2021

If you are in a car accident, your insurer is supposed to make sure the car is repaired, assuming you carry collision coverage. The law in most states says you can go to any repair shop you choose. But there is a catch many drivers don’t know about until they find themselves in this situation:…

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texas winter freeze insurance claims

Texas Consumers File More Than 456,000 Claims After Feb 2021 Winter Storm

September 27, 2021

A recently released report from the state’s insurance department shows more claims and higher average claim costs resulting from the severe and prolonged winter storm that enveloped Texas in mid-February than were previously reported. In the report released Sept. 1, the Texas Department of Insurance detailed property/casualty claims data from Winter Storm Uri, which blanketed…

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