Texas Department of Insurance

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Helping Texans with their auto, commercial and residential property insurance needs.

A free service of the Texas Department of Insurance and Office of Public Insurance Counsel.

 

Regulatory actions resulting in policyholder savings

(by contested rate cases, negotiated rate reductions, or withdrawn rate filings)

2003: SB 14 mandated rate reductions ~ $510 million (not fully realized as major carrier challenged order)

2004 - 2008: ~$289 million

2009: ordered major carrier to refund $310 million (under appeal)

2010 YTD June: ~$38 million


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