AUSTIN – Texas Public Policy Foundation (TPPF) and the Texas Association of Business (TAB) will hold a Capitol news conference at 10:00 a.m. TODAY, Tuesday, February 2, 2016 to call for comprehensive reform of the state’s overly regulated title insurance system. Texas prohibits competition in the title insurance market, resulting in Texans paying among the highest title insurance rates in the country.
Allowing title insurers to compete for consumers’ business in Texas, as they do in most other states, would drive down prices, increase coverage options, and reduce closing costs for Texas homebuyers and commercial real estate transactions.
| WHO:
|
Arlene Wohlgemuth, Executive Director, Texas Public Policy Foundation |
| WHAT: |
Press Conference on Reforming Texas’ Title Insurance System |
| WHEN:
|
TODAY, Tuesday, February 2, 2016 10:00 am (CST) |
| WHERE:
|
Speaker’s Committee Room Texas State Capitol Austin, Texas |
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.