Official says Texas budget cuts could gut insurance regulation

 

Official says Texas budget cuts could gut insurance regulation

19:33:06 | 03/09/2010 - Source: The Dallas Morning News

Texas will have to consider less regulation of insurance companies and their rates if the Department of Insurance sees its funding cut 10 percent to help balance the next state budget, Insurance Commissioner Mike Geeslin said in documents filed this week with the governor and legislative leaders.

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