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Texas committee aims to report on auto insurance rates by September
Gov. Preston Smith urges a September 1 deadline for the special committee to present recommendations on Texas auto insurance rates. Former Gov. Price Daniel, chair, doubts the deadline but will strive. Insurance leaders attend, while Smith says increases should be essential and justified. The State Board of Insurance delays rate decisions, proposing at least an 11.4 percent hike for private passenger cars. Education and oil depletion discussions accompany the briefing, with statewide implications for loans, calendars, and tax revenue.
MENTIONED IN THIS ARTICLE
Austin
Tex
Preston Smith
Texas
Price Daniel
Smith
Capitol
State Board of Insurance
Education — Coordinating Board of the
Texas College and University System
Hinson-Hazlewood
Beard
U. S. House
Ways and Means Committee
Congress
Ben Barnes
Martin
Bares
James Wilson
State Comptroller
Cngtress