In response to the outbreak of Covid-19, the Texas Department of Insurance (TDI) has issued almost daily updates for insurance companies, agents, and other regulated parties. Some of the steps TDI has taken which are of interest to the industry include the following
Read More Texas Department of Insurance Provides Evolving Industry Guidance in Response to Coronavirus
Texas Department of Insurance Warns Insurance Agents and TPAs About Unauthorized Insurance Liability
The Texas Department of Insurance (“TDI”) has issued a warning about certain unauthorized insurance and the liability that can attach to third-party administrators (“TPAs”) and insurance agents that are involved in unauthorized insurance transactions, even when those parties hold valid TDI licenses.
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Locke Lord LLP Attorneys Brian Casey and Jon Gillum Publish Article on Navigating State and Federal Regulations for Extended Warranties
Locke Lord LLP Atlanta Partner Brian Casey and Austin Senior Counsel Jon Gillum have co-authored an article for Law360 explaining how to navigate federal and state laws for service contracts, which are also known as extended warranties
Read More Locke Lord LLP Attorneys Brian Casey and Jon Gillum Publish Article on Navigating State and Federal Regulations for Extended Warranties
Texas Insurance Commissioner Reappointed
Current Texas Insurance Commissioner Kent Sullivan has been appointed to a second term by Texas Governor Greg Abbott. Sullivan’s new term, which is subject to Senate Confirmation, expires on February 1, 2021.
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New Captive Insurance Rules Adopted in Texas
The Texas Department of Insurance (“TDI”) has amended its administrative rules governing Texas captive insurance companies. Specifically, TDI has revised various provisions in Volume 28, Chapter 6 of the Texas Administrative Code, primarily to comport with prior legislative changes in 2017 that impact the formation and oversight of captive insurance
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Texas Department of Insurance Announces New Legislative Priorities
The Texas Department of Insurance (“TDI”) has released its 2018 Biennial Report to the 86th Texas Legislature. Every two years and pursuant to Texas Insurance Code section 32.022, TDI releases a report on insurance areas that the Department has identified for priority attention in the upcoming Texas legislative session. The
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Texas Department of Insurance Proposes Amendments to Examination Rules
The Texas Department of Insurance (“TDI”) has proposed amendments to 28 Texas Administrative Code sections 7.83 and 7.84, which govern the appeal of and frequency of TDI examinations. These amendments address changes to Texas Insurance Code section 401.052 and Chapter 964 of the Texas Insurance Code resulting from prior legislation.
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Locke Lord LLP Attorney Jon Gillum Contributes to Inaugural Insurance Regulatory Event in Austin
Locke Lord LLP Senior Counsel Jon Gillum has been serving on the Planning Committee for a joint effort by the Insurance Section of the State Bar of Texas and the Austin Bar Association to increase the involvement of Texas insurance regulatory attorneys in bar activities. On August 29, 2018, Gillum
Read More Locke Lord LLP Attorney Jon Gillum Contributes to Inaugural Insurance Regulatory Event in Austin
Texas Department of Insurance Now Has a “Second-in-Command”
Long-time TDI senior staff member Doug Slape has been promoted to a newly-created position at the Texas Department of Insurance. According to the Department, Slape has been named “second-in-command” behind Insurance Commissioner Kent Sullivan. Slape has been with TDI for 30 years and most recently served as Deputy Commissioner for
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Locke Lord LLP Austin Attorneys Jon L. Gillum and Lauren Fincher Publish “Cross-Agency Regulation of Service Contracts in Texas” in Latest Issue of the Texas Tech Administrative Law Journal
Under Texas law, extended warranties or “service contracts” are potentially subject to regulatory oversight by four state agencies. The Texas Real Estate Commission (TREC) oversees the licensing and regulation of home warranties—service contracts that cover a structural component, an appliance, or an electrical, plumbing, heating, cooling, or air-conditioning system of
Read More Locke Lord LLP Austin Attorneys Jon L. Gillum and Lauren Fincher Publish “Cross-Agency Regulation of Service Contracts in Texas” in Latest Issue of the Texas Tech Administrative Law Journal