The Texas Workers’ Compensation Market Report is a comprehensive overview of the Texas workers’ compensation system and includes information that matters most to our members. This includes a market overview, networks at a glance, enforcement and compliance issues, regulatory changes and updates as well as which bills passed during the 88th Texas Legislature that may have an impact on the workers' comp system.
Throughout 2022/2023, we ICT managed a wide array of issues, including growing concerns about higher homeowners and auto insurance rates and the pressures inflation has put on the industry. In addition, we monitored several regulatory issues and tracked over 500 bills during the 88th Texas Legislative Session. At ICT, we take pride in being the voice of the property & casualty industry in Texas.
This report provides our members and the public an overview of the Texas property and casualty market in 2021, covers issues impacting the marketplace, and details premiums, market share, and losses across the industry.
In 2021/2022, we managed issues ranging from increased homeowners and auto rates concerns, litigation issues and challenges related to inflation and the ongoing pandemic. ICT is proud to serve this industry and serving as the voice of the Texas property and casualty industry.
This report offers a comprehensive summary of the Texas property and casualty insurance market for the year 2022. It addresses critical factors affecting the industry, including market dynamics, premium statistics, market share distribution, and industry-wide losses. Our aim is to provide valuable insights to both our members and the public.
This second edition of the Texas Insurance Industry Impact Report, “Doing Our Part: How Insurance Impacts Texas and Texans” provides an overview of the insurance industry covering property and casualty, catastrophe, health, life, disability insurance and more. Additionally, the publication offers information such as the industry’s response to the state’s severe weather issues and philanthropic support.
Our report includes information that matters most to our members including: How did COVID-19 affect the industry, and how did regulators and the market respond? What are the subscriber and system issues impacting workers' compensation professionals? Which bills passed during the 87th Texas Legislature impact workers' comp?