TX Insurance News

100 insurance companies sue ERCOT, power generators for 2021 winter storm losses

January 7, 2022

More than 100 insurance companies are suing the Texas power grid operator and dozens of power generators, over losses and property damage sustained during the winter storm last February. The lawsuit, filed in Travis County District Court, said the Electric Reliability Council of Texas (ERCOT) and 37 different power generating entities were “at fault” for…

Read More

What was the most common car insurance claim in 2021? AAA Texas says it’s this

January 2, 2022

AUSTIN (KXAN) — AAA Texas released its top three auto insurance claims of 2021, and what seems minor could actually have a big impact on your premiums and on others around you. The agency’s auto insurance division processed three types of claims the most over the past year. Rear-end collisions/fender benders Crashes while backing up…

Read More

Texas landlords will have to disclose flood risk to tenants eff Jan 1st 2022

January 1, 2022

Twenty-three new Texas laws go into effect on Jan. 1. None are as high-profile as some of the big-ticket items that passed during the state’s four legislative sessions this year – like the state’s strict abortion and voting laws – but they’ll nonetheless impact Texans in some fashion. Below is a list of every new…

Read More

Concurrent Causation And The Insurance Policyholder’s Burden To Segregate Damages In Texas

December 31, 2021

In property insurance disputes involving concurrent-cause issues, Texas law places the burden on a policyholder to segregate alleged damages between covered and non-covered causes of loss. See Lyons v. Millers Casualty Insurance Co. of Texas. So, does this mean that a policyholder can meet this burden by simply insisting that 100% of the alleged damages…

Read More

Texas Homeowners Insurance Costs Rising More Rapidly Than Inflation

December 30, 2021

NORTH TEXAS (CBSDFW.COM/CNN) — Home insurance premiums for the New Year appear to be rising faster than inflation in Texas and across the country. According to the Insurance Information Institute, the average homeowner may see a 4-percent increase on the cost of their homeowner’s policy for 2022. In fact, since 2017, premium rates are up…

Read More

Contact Us

Freedom Insurance Group
3861 Long Prairie Rd Ste 110
Flower Mound, TX 75028
Phone: (972) 798-3769

BUSINESS HOURS

M-F: 8:30 am - 6:00 pm
SAT: 10:00 am- 2:00 pm
SUN: closed

SEND US A MESSAGE