Texas Fire Insurance Rates Debate Questions Agency Costs
In Austin on June 9 the state fire insurance commission heard how Texas agencies set expenses to justify rate increases. Judge Batts argued higher rates tax Texans, while Sam P. Cochran disclosed commissions and profits, and testified that out-of-state brokers exploit cheaper premiums. Officials discussed record sharing, agency contracts, and potential relief only for larger policyholders.
MENTIONED IN THIS ARTICLE
Austin
Tex
Texas
Mercantile
State Fire Insurance Commission
R. L. Batts
Sam P. Cochran
General Agency
Trezevant & Cochran
Dallas
Cochran
Edgecombe
Retail Merchants’ Association
Batts
Cureton
Mr. Cochran
National Board of Underwriters
Rufus Cage
Houston
Cravens & Cage Agency
End Catarrhal Deafness and Head Noises Remedy
Sufferers of catarrhal deafness and head noises can often treat at home with Parmint double strength. Mix one ounce with a pint of hot water and four ounces of granulated sugar. take one tablespoon four times daily. The remedy aims to reduce ear inflammation and equalize pressure in the Eustachian tubes, often giving quick relief.
Texas Insurance Rates and Local Loss Provisions Stay Stable
Texas regulators discuss commission credits for towns with low fire loss and penalties for high loss ratios. An amendment adding penalties for towns over 75 percent loss is debated, with claims that enforcing it would raise company revenue. Data show Texas average loss ratio near national levels, with 39 of 116 Texas companies under 55 percent over five years.
MENTIONED IN THIS ARTICLE
A. R. Andrews
Commission
Cage
Texas
Cureton
Laws’ Insurance
United States
Governor Ferguson Heads for Waco Campaign Speech
Governor Ferguson and about 150 supporters depart Austin by special train at 8:30 AM for Waco where he will open his re election campaign with a speech. The party plans to return Saturday night and reach Austin Sunday morning before heading to San Antonio Monday. The Texas delegation to St. Louis will travel from San Antonio. Hobby visits expected Sunday.
MENTIONED IN THIS ARTICLE
Austin
Tex
Ferguson
Waco
San Antonio
Texas
St. Louis
W. P. Hobby
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