Governor Abbott Directs the Texas Department of Insurance to Address Rising Property and Casualty Insurance Costs: What Insurers Need to Know Now

On August 24, 2026, Governor Greg Abbott issued a formal directive to Texas Insurance Commissioner Amanda Crawford, instructing the Texas Department of Insurance (TDI) to take immediate administrative actions to address rising property and casualty insurance costs. Citing a 79% increase in the average Texas homeowners’ insurance premium since 2020 (from under $2,000 to over $3,500 annually), recently enacted insurance legislation, and current proposals for the 2027 legislative session, the... By: Foley & Lardner LLP