Texas home insurers see record profits

Preliminary data indicates Texas home insurers earned a 22 percent profit on premiums collected last year, according to the Houston Chronicle. It was the best year insurers have had in two decades and follows several years of double-digit rate increases and flat or slightly negative returns for insurers due to increased natural disasters. Insurance rates increased statewide by an average of 4.3 percent last year, according to the Texas Department of Insurance, which was significantly lower than the rate increases of preceding years. Homeowners were still paying about 80 percent more for home insurance in 2025 than they paid in...

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