Senate bill would curb home insurance rates without approval
Lawmakers in the Texas Senate are considering a measure that would require home insurers to get approval from regulators before increasing rates more than 10%, the Houston Chronicle reported.
Hegar releases biennial revenue forecast
The Texas Legislature begins its work creating a state budget for the next two years with slightly less revenue available than it had during the previous biennium.
Texas Comptroller Glenn Hegar projects lawmakers will have $194.6 billion available during the 2026-27 budget cycle, down 1.1%. Hegar said the decrease is because the state is starting with a beginning balance that is nearly $16 billion less compared to 2024-25.
