Lets Texas reform of the unemployment insurance
Oklahoma Insurance Commissioner Carroll Fisher is the best when he said recently: “The best regulator of the insurance is the rate of consumers. For all countries are working hard for workers to deal with insurance companies, nothing It is also effective in maintaining remembered as a threat that the consumer can move to another company. “Texas needs to reform the insurance market owner, but not for the reasons mentioned during the recent political season.
There are reasons of high prices for homeowners: the weather, excessive and claim cost increases.
We can not change, Texas time. We will always be wind, hail, tornadoes, hurricanes and tropical storms. But judicial concerning risks to never product prices are another thing.
We all pay more for our insurance because of litigation and insurance fraud. That is why efforts to stiffen penalties for filing complaints frivolen mold and standards for sanitation are so important.
For years, Texas, owners were required to buy a single policy for the broadest coverage in the country. This insurance has instructed the government forced high prices for all consumers.
Some politicians have called for more regulation of insurance rates for the adoption of lower premiums. This principled position does not solve the problem of rising costs claim. Attitude arbitrary price, specifying costs and forcing insurers to the activity is not to protect the owners of Texas.
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