The Texas Public Policy Foundation (TPPF) today released a paper on the regulation of title insurance in Texas by Kathleen Hunker, senior policy analyst for the Center for Economic Freedom at TPPF. The paper, “The Perils of Complete Regulation,” examines the effect excessive regulation of the title insurance market has on competition, business practices, and consumers.
“Consumers have little to no power in Texas’ title insurance market,” said Hunker. “The Texas Insurance Code ‘completely regulates’ the business of title insurance, which means that consumers do not have the freedom to shop around for the best price or choose the coverage that suits their needs. Although Texas usually stands at the forefront of competitive reform, title insurance regulation is one place where Texas lags behind.”
To read the full publication, please visit: http://www.texaspolicy.com/content/detail/the-perils-of-complete-regulation
To schedule an interview with Ms. Hunker please contact Caroline Espinosa at [email protected] or 512-472-2700.
Kathleen Hunker is a senior policy analyst with the Center for Economic Freedom at the Texas Public Policy Foundation.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas.