Bill > SB1810

This bill amends the Texas Insurance Code to establish a more structured process for annual statistical reporting by title insurance agents and companies. Specifically, the Texas Department of Insurance (the department) is now required to issue a call for statistical report data to title insurance agents by March 1 each year, with reports due on May 1, and to title insurance companies by April 1, with reports due on June 1. The department must then publish a comprehensive compilation report on its website summarizing these statistical reports by October 1 for agents and November 1 for companies. These compilation reports will include detailed information about loss experiences, operational expenses, premiums, and other significant matters. The changes will apply only to statistical reports filed on or after January 1, 2026, and the act will take effect on September 1, 2025. The goal appears to be improving transparency and providing more timely and accessible information about title insurance industry performance.

Business and Industry

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB1810