Topic: Insurance

2018 Statewide Elections: A Mixed Bag for Insurers?

All eyes have been focused on the federal mid-term elections and the impact on the U.S. House and Senate. Post-mortems by the pundits have begun. See Locke Lord’s take on the mid-terms. The divided government in Washington, D.C. may well stymie efforts to regulate the insurance industry at the federal level, except in very limited circumstances where bi-partisan accord can be achieved.

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Texas Attorney General Addresses Open Meetings Act Issues Raised by Termination of Railroad Commission Executive Director

Texas Attorney General Ken Paxton recently issued Opinion No. KP-205 which addressed a number of questions posed by Representative Rafael Anchia stemming from issues surrounding the termination of the Executive Director of the Texas Railroad Commission (the “Commission”).

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Powerful But Not Responsible: Texas Department of Insurance Clarifies Licensed Officer Requirement for Insurance Agencies

The Texas Department of Insurance (“TDI”) has now offered guidance on one of the most overlooked requirements for a Texas-licensed (both resident and non-resident) insurance agency:  the requirement that an agency have an individually-licensed “officer” or “active partner” who holds an individual insurance agent license for the same line or lines of insurance as does the agency.

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