Friday, December 2, 2016

Texas Life Agent Exam - 2016 Version

This blog has spent years looking at reports published by the Texas Department of Insurance that show pass rates on licensing exams by demographic.

The 2016 report is out, and sadly, it continues to show distressing data.  Here is a look at pass rates on the Life agent exam last year by race/ethnicity when controlling for education (page 86).


As in past years, Caucasian/White applicants continue to enter the insurance profession in Texas in a more efficient manner than other testers, even when controlling for education.

This blog will dive deeper into the report in 2017.  The data seem to suggest the presence of barriers to entry for some testers.  With national studies like LIMRA's Facts About Life 2016 continuing to report that certain segments of the country are under-insured and under-served, it is critical that all stakeholders, including regulators, do their part to make sure all communities have access to important financial protections.