The Texas Insurance News Daily! Texas Auto Insurance and Home Insurance News!
Insurance Over Texas is your complete Texas insurance online news resource for all Houston auto insurance, Texas home insurance, Texas business insurance.
Request Texas insurance quotes, information and breaking news at Insurance Over TX. Get daily insurance news, learn how to lower your Texas insurance rates or request a free insurance quote Texas.
Monday, 23 August 2010
Texas Windstorm Insurance Association Seeks 5% Rate Increase
The Texas Windstorm Insurance Association has filed for 5 percent increases in both its residential and commercial rates, effective Jan. 1, 2011.
The state's insurer of last resort provides wind and hail coverage in the 14 coastal counties and parts of Harris County. TWIA provides wind and hall coverage when insurance companies exclude it from their homeowners and other property policies sold to coastal residents.
Tuesday, 13 July 2010
3 in 10 Valley drivers lack car insurance
If only vehicles registered in the Rio Grande Valley filled the roadways, drivers would have a three-in-10 chance of encountering an uninsured driver, according to the state's insurance regulator.
Almost one-third of the drivers in Cameron County do not have automobile insurance, making the county second in the state for percentage of uninsured motorists...
Wednesday, 23 June 2010
Texas Coast Loses Insurance Coverage
This hurricane season is especially difficult for some area residents who recently found out they are losing their insurance coverage.
State Farm Insurance company is not renewing the policies of Texas residents who live within a half mile of bays and coastal waters. That is effecting residents from Seabrook to LaPorte...
Wednesday, 23 June 2010
TWIA to move ahead with 5% rate hike
The Texas Windstorm Insurance Association will raise premium rates by 5 percent next year on thousands of commercial and residential policies.
The association’s governing board approved the increases in a 5-3 vote at its quarterly meeting Tuesday in Galveston...
Tuesday, 15 June 2010
51% of Employees Cannot Keep Current Coverage Under New ?Grandfathered' Guarantee
The Patient Protection & Affordable Care Act (PPACA) is the new set of federal rules signed into law by President Barack Obama on March 23, 2010. Despite the claim that current health care plans are "grandfathered" in under PPACA, the U.S. Departments of HHS, Labor & Treasury just issued new regulations on "grandfathered" health plans, and some trigger the mandate to have a government approved plan.
Under PPACA "grandfathered" plans would still be required to comply with certain reforms, and individuals who choose to enroll in these plans would not be able to use tax credits, essentially allowing these plans to wither on the vine...
Wednesday, 09 June 2010
Texas moves closer to banning use of discretionary clauses in insurance contracts
Discretionary clauses allow insurers to interpret policy terms and evaluate an insured’s claim for benefits. According to the TDI’s official proposal, the ban “is necessary to protect insurance consumers from the possibility of incorrect and unfair coverage determinations by insurers without a subsequent opportunity for a full and independent review under a non-deferential standard.” The TDI is concerned that insurers may have a conflict of interest in coverage determinations that would have an adverse financial impact on the insurer, and therefore want to ensure that insureds have the opportunity to have coverage determinations reviewed by an independent third party...
Monday, 05 April 2010
Texas experience shows pitfalls of small business health insurance pools
Wanda C. Rohm, the retired former owner of a San Antonio print shop, is skeptical of promises that the new federal health law will help small employers.
Her skepticism is hard won. A decade ago, she experienced a small-business owner's nightmare: A key manager suffered a health crisis, the print shop's health insurance premiums skyrocketed as a consequence, and Rohm's employees abandoned their group health plan...
Tuesday, 30 March 2010
Buoyed in political deadlock, federal flood insurance program lapses
For the third time in the last few months, the National Flood Insurance Program (NFIP) has expired, with legislators in Washington, D.C., unable to reach a compromise on long-term expansion of the initiative for now.
On March 25, the U.S. Senate adjourned until April 12, without addressing HR 4851, the Continuing Extension Act of 2010, which extends a number of programs for the unemployed, as well as a proposed short-term extension of the NFIP, through April 30. The House approved the measure March 17, but without Senate approval, the program’s funding ended Feb. 28, essentially shutting it down...
Monday, 15 February 2010
Timely advice for Texas home insurance owners to purchase flood insurance
The Feb. 8 opinion piece “Don't believe the flooding myths,” by Michael D. Talbott, director of the Harris County Flood Control District, really should be required reading for every homeowner in Southeast Texas. It probably should be passed out along with the ream of papers already given to new Texas homeowners at the time of closing. It's that important.
Misinformation about flooding hereabouts — and the costs of and need for flood insurance — is rampant . This costs Harris County homeowners hundreds of millions of dollars annually. Damages related to flooding from Hurricane Ike in 2008 totaled $2.2 billion, but that is just the amount that was paid by flood insurance. For the 80 percent of Harris County homeowners not covered by flood insurance, the total costs are anybody's guess...
Monday, 01 February 2010
Texas homeowners cite water damage as most common home insurance claim
According to data assessed between 2000 and 2007, Allstate found that water damage ranked as the most common claim from its Texas homeowner insurance customers. It was followed by wind and hail damage as the second and third most common claim...
Tuesday, 19 January 2010
Texas Windstorm Association Settles 300 Ike and Dolly Lawsuits; 1,000 Remain
The Texas Windstorm Insurance Association has now settled about 300 lawsuits related to the devastating 2008 hurricane season, but the general manager of the last resort insurer rejects insinuations in Texas that TWIA is now settling because it realized it mishandled claims...
Tuesday, 08 December 2009
The State of Texas Insurance Still Offering Help For Hurricane Ike
Galveston County residents needing home repair assistance resulting from 2008’s Hurricane Ike can get federal help through a nearly $100 million grant program.
In addition, the Texas Department of Insurance reports that it remains available to assist consumers with unresolved Hurricane Ike claims and other insurance issues. The department says insurers settled most claims promptly, but some Texans have experienced problems with the claims process, including delays in claims handling, unsatisfactory settlement offers, and claim denials...
Monday, 07 December 2009
El Paso sees increase in fraudulent hail claims
While the majority of El Paso homeowners and vehicle owners have reported legitimate claims to insurers, a homeowner who may need a new roof, but whose home was not damaged in the most recent storm, may be tempted to do whatever it takes to get a new one, said ICT spokesman Mark Hanna...
Call Us Today!
Get online home, business, flood and Texas auto quotes. We are a complete online source for all your ins. policy coverage needs. Our team of licensed agents are specialized in all forms of Texas personal, commercial, vehicle and Houston homeowners policy coverage.
Ins. Over Texas
Dale Jackson Insurance Agency
Houston Homeowners and Auto Specialist!
430 Hwy 6 South #102
Houston, TX 77079
Phone: 281-398-9002 | Fax:281-398-3553
Insurance Over TX, 2008
Unauthorized duplication or publication of any materials from this site is expressly prohibited.
Powered By: Insurance Web Designs Websites For Insurance Agents