Nominations for Worst Texas Commission of the Decade. The TDI

Previous Nominations:
Texas Residential Construction Commission

The Texas Department of Insurance (TDI) otherwise known as the Texas Department of Insurance Companies has got to be one of the finalists for Worst Commission of the Decade. In just 6 short years the TDI allowed home insurance rates to become the highest in the nation, although there was a bit of good news today:

AUSTIN – Texas has slipped to No. 2 in average homeowners' insurance premiums, a new national study has found. 

It found that the average annual premium in Texas for the most common homeowner policy was $1,448 a year, 76 percent higher than the national average of $822.

In 2002 a number of candidates for public office, including Gov Rick Perry made the rising cost of insurance a campaign issue, promising relief for homeowners across the state. In face here is what he said in a press release:

"To make sure Texas consumers are protected, I am asking the Attorney General to investigate the market conduct and marketing practices of our state's biggest homeowner’s insurance companies," Perry continued. "I’m concerned that the big insurance companies may be misleading Texas families about the changes in homeowner’s coverage and costs. I’m concerned that in this changing market, insurance companies are not providing consumers with the honest facts they need and deserve."

In the end, our premiums are now the highest in the nation. We have less coverage, insurance companies are pulling out of the high risk areas, and the TDI hasn't done a %$#damn thing to stop the abuse.

And for this, they deserve the Nomination for Texas Worst Commission of the Decade.