Insurers still update notice to reflect requirements, do not need file amended notice.
However, if notice language appears on declarations page/endorsement, insurer must file amended form for approval per Insurance code Ch. 2301, TX INS 10-I-2301.
Amendments made to MVCPA pass-through fee become effective on Apr. 30, 2025.
On Aug. 2, TX INS proposed amendments to car theft prevention fee.
TX INS proposed rule to amend TX INS 28-1-5-A-3-5.205 on Motor vehicle crime prevention authority (MVCPA) pass-through fee; implements TX LEG SB 224 (2023).
Provided a redline of proposed amendments on page 5 of rule summary document.
Proposed Amendments
Rule amended to remove the $4 MVCPA fee amount; insurer must pay the MVCPA fee.
Updated notice that insurer must provide to policyholder when insurer seeks to recoup MVCPA fee; added fee helps to fund detection, prevention of catalytic converter thefts.
If insurer recoups fee from policyholder, insurer must file a new or revised notice.
Insurer not need to include actual fee amount in filed notice; may use a variable field.
Consultation
Comments on proposal and request for hearing must be submitted by Sep. 16, 2024.
Aug. 16, 2024 TX INS State Register
On Aug. 16, 2024, TX INS published rule in State register, comments Sep. 16, 2024.
Feb. 2025 TX INS Final Rule
On Feb. 14, 2025, TX INS published adoption of final rule on MVCPA in State register.
Removed (c) in response to comment, which required insurers file new/revised notice.
Insurers still update notice to reflect requirements, do not need file amended notice.
However, if notice language appears on declarations page/endorsement, insurer must file amended form for approval per Insurance code Ch. 2301, TX INS 10-I-2301.
Amendments made to MVCPA pass-through fee become effective on Apr. 30, 2025.
Regulators
TX INS
Entity Types
IB; Ins
Reference
TX SR Vol. 50, No. 7, p SR Vol. 49 No. 33 p. 6146, 8/16/2024; Nt, RF, 8/2/2024; Citation: *TX INS* 10-I-2301, 28-1-5-A-3-5.205;
