AUSTIN, Texas (AP) — Republicans easily swatted down majorchanges to insurance regulation in a Texas House bill that wouldkeep the current rules and bureaucracy in place.
|The bill continuing the functions of the Texas Department ofInsurance passed Tuesday night on a 96-46 vote. The legislation,part of a regular review of state agencies, faces a finalprocedural hurdle before it can move to the Senate. Democratsoffered up a variety of pro-consumer amendments.
|Among them were provisions such as prior approval of rateincreases, a ban on credit scoring in the underwriting of home andauto insurance and the creation of an elected insurancecommissioner post. The Republican-led House shot down thoseproposals and kept a pro-business approach in the insurancelegislation.
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