Commissioners press insurer on surplus‑lines licensing and capacity during RFP review
Commissioners raised concerns that a proposed property insurer is a surplus‑lines (non‑admitted) carrier not licensed in Texas and asked for net‑disposition documentation; the insurer representative pointed to AMS and Moody's ratings as indicators of financial capacity.
The full story
During the insurance RFP discussion, commissioners questioned whether the proposed property carrier was licensed in Texas and whether the packet contained evidence showing the insurer’s ability to pay large claims.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or