Texas Plans to Tackle Home Insurance Crisis, but Will It Work Like California’s Approach? Texas lawmakers are taking a hard look at the state’s soaring home insurance rates, and they’ve got a plan. Proposed bills floating in the state legislature would require insurance companies to get approval before raising premiums by certain amounts, like 10%. It sounds promising, right? But critics are raising their eyebrows, questioning whether these changes will actually do enough—or worse, if they’ll cause more headaches without lowering costs. If it all feels a bit familiar, that’s…
Read MoreCan Texas Stop Insurance Rate Hikes Without Scaring Off Insurers?
