Texas Annuity

In Texas, dating back as far as 1876 and around the time Colorado was deemed a state, Texas created the Texas Department of Insurance. The mission of the TDI is to "protect insurance consumers by: regulating the insurance industry fairly and diligently, promoting a stable and competitive market, and providing information that makes a difference."

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Texas Insurance Commissioner

Currently the Commissioner in charge of The Texas Department of Insurance is Mike Geeslin. Governor Rick Perry appointed Mike Geeslin as Texas Insurance Commissioner effective June 7, 2005. Geeslin received his undergraduate from Texas A&M University in 1991, with a bachelor's degree in communications and a minor in business administration. Geeslin was a also a member of the Corps of Cadets and served as a Ross Volunteer while at Texas A&M. Before he was appointed as Commissioner, Geeslin was the Deputy Commissioner for Policy in 2003 for TDI.

Texas Annuity Resources

The TDI is in charge of licensing and regulating the rates and practices of all insurance companies, agents, and brokers in Texas. The department also has a wide range of resources readily available to consumers that have any questions at all. The TDI also has a consumer help line to aid anyone in their purchases. The toll free number is 1-800-252-3439 and they have operators on call Monday through Friday 8 a.m. to 5 p.m., Central time. The TDI also helps people recover millions of dollars every day from insurance fraud, so if you have a complaint or a claim, you can contact them anytime at ConsumerProtection@tdi.state.tx.us. The TDI website also provides instant access to everything related to Insurance in the state of Texas.

 

Capital: Austin
State Commissioner: Mike Geeslin
Insurance Hotline: (512) 463-6464
Annuity Guarantee Limit: $100,000
Website: http://www.tdi.state.tx.us/
Links: Life, Annuity and Credit