Texas Insurance Commissioner Rathgeber receives approval

Texas Terrorism Insurance news

Within her first 18 days in the position, Julia Rathgeber was able to obtain the Senate’s approval. Although Julia Jeffrey Rathgeber has only just been appointed the Texas Insurance Commissioner, she was able to do in only 18 days what the previous person in that position wasn’t able to do in her entire 140 days of the regular legislative session. The vote was held on Friday and it has now been announced that the Senate has given its approval. The vote was held by the Senate Nominations committee in order…

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Insurance news in Texas includes a new commissioner

Texas Terrorism Insurance news

Julia Rathgeber will now take the place of Eleanor Kitzman, whose last day was on Monday. Texas Governor Rick Perry has just announced the latest insurance news, that he has appointed Julia Rathgeber as the new state commissioner, as a replacement was needed for Eleanor Kitzman, whose time in the position ended at the close of the 2013 session. Rathgeber has been the long time aide to Lieutenant Governor David Dewhurst. Now, Rathgeber, who is from Austin and had been the deputy chief of staff for the lieutenant governor until…

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Insurance news from Texas includes commissioner leaving role

Insurance news - Eleanor Kitzman Texas Insurance Commissioner

Eleanor Kitzman has announced that she will no longer be maintaining her role in the regulatory agency. Insurance news is being made at the head of the Texas regulatory agency as Eleanor Kitzman has announced to her staff that she will no longer be continuing in her role as the state’s commissioner. Today is the final day of her time as a commissioner as it is the closing date of the legislative session. Kitzman is not able to continue serving after today, as it is the last day of the…

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Insurance news from fertilizer plant explosion includes high initial estimates

Insurance News

The most recent figures say that the damages in West could be worth up to $100 million. According to the latest insurance news estimates from an industry group, the damage that resulted from the fertilizer plant explosion in West, Texas, could reach as high as $100 million. This estimate includes not only the damage to the plant, itself, but also to the nearby homes. According to the insurance news release from a spokesperson for the Insurance Council of Texas, Mark Hanna, there were approximately 140 homes that were destroyed in…

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Homeowners insurance in for some turbulence in Texas

Texas Homeowners Insurance

Texas homeowners insurance continues to be faced with serious problems The Texas Windstorm Insurance Association (TWIA) has been facing significant financial troubles in recent years. Like other state-run insurance organizations, TWIA offers homeowners insurance coverage that is typically less expensive than coverage offered by private insurance companies. For smaller states that are not exposed to the same natural disasters that Texas is, these public organizations face only modest challenges. TWIA, however, has long been faced with the financial woes that are associated with homeowners insurance for coastal properties. TWIA combats…

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