John Carona supports a thoughtful balance between making Texas a state in which the insurance industry can succeed and making it a state where consumers have adequate protections at a reasonable price.
In addition to homeowners, auto and health insurance, the state also oversees windstorm, unemployment and worker's compensation insurance programs.
"Texans have spoken out consistently about concerns over the costs of insurance in our state," Carona says. "They perceive that the system is biased toward the industry. Insurance must be affordable and available. I believe that a vibrant and competitive marketplace provides consumers with the best options.
"At the same time, consumers need to be protected while the state works to attract insurance companies to Texas. I believe we must be vigilant in overseeing how rates are proposed, reviewed and ultimately rejected or allowed. Only market-based solutions will endure over time, but government still has a limited but necessary role as the watchful eye of the people."