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The Texas Department of Insurance (TDI) regulates insurers and other companies that conduct insurance business in Texas, and assists Texas-based insurance consumers. TDI was founded in 1876 as the Department of Insurance, Statistics and History.[1]
The agency is responsible of enforcing the Texas Insurance Code; to regulate the insurance business, protect consumers, ensure fair competition among companies, and foster the stability of insurance market. In addition to administering the Texas workers' compensation system according to the Texas Labor Code, performing the duties of the State Fire Marshal's Office, and providing administrative support to the Office of Injured Employee Counsel.
Continuing education for insurance professionals is regulated by each state's Department for Insurance, although there are commonalties across the states. See Insurance Continuing Education.
In 2022, TDI moved from the William P. Hobby Jr. Building in downtown Austin to the Barbara Jordan State Office Building north of the Texas Capitol.[2] The agency is now headquartered at 1601 Congress Avenue in Austin, Texas.[3] It has around 1,400 employees statewide and a $110 million annual budget.
The commissioner of insurance serves as the chief executive and administrative officer of the department.
^"About TDI". Texas Department of Insurance. September 25, 2020. Retrieved February 9, 2022.
^"About TDI". Texas Department of Insurance. April 26, 2023. Retrieved May 23, 2023.
^"Contact Us". Texas Department of Insurance. December 22, 2022. Retrieved May 23, 2023.
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