TX INS Auto Policy Non Renewal


On Sep. 18, TX INS proposed updates re property, casualty insurance.


  • TX INS proposed to amend several rules and add rule within TX INS 28 TAC 1.5 H.
  • Re property and casualty insurance non renewal per HB 1900, HB 2065, SB 1602.
  • Document dated Sep. 18, 2023, received Sep. 25, and summarized on Sep. 26, 2023.
  • Amendment Highlights
  • Proposal would amend TX INS 28-1-5.7005, TX INS 28-1-5.7007, TX INS 28-1-5.7011, TX INS 28-1-5.7012, TX INS 28-1-5.7013, TX INS 5-C-551.1053.
  • HB 1900 required insurers to send notice of cancellation of a personal automobile insurance policy 60 days before effective date of cancellation, rather than 30.
  • HB 2065 added mandatory non renewal of private automobile insurance when an insured individual fails to cooperate in an investigation, settlement, or claim.
  • SB 1602 added new text to specify requirements to make it easier for insurers to ensure that forms and claim handling practices comply with insurance code, #108358.
  • Consultation
  • Written comments and hearing requests must be submitted by Nov. 6, 2023.
  • Oct. 2023 TX INS Proposal Publication
  • On Oct. 6, 2023, TX INS published proposal in TX Register, comments Nov. 6, 2023.
  • Document dated Oct. 6, received from TX INS Oct. 13, summarized on Oct. 17, 2023.
  • Apr. 2024 TX INS Rule Adooption
  • On Apr. 19, 2024, TX INS reported adoption of the proposal, effective Jan. 1, 2025.

Regulators TX INS
Entity Types CNSM; Ins
Reference TX SR Vol. 49 No. 16 p. 2542, 4/19/2024; TX SR Vol. 48 No. 40 p. 5813, 10/6/2023; RF, 9/18/2023; Citation: *TX INS* 28-1-5.7005, 28-1-5.7007, 28-1-5.7011, 28-1-5.7012, 28-1-5.7013, 5-C-551.1053;
Functions Compliance; Product Administration; Registration/Licensing; Reporting
Countries United States of America
Category
State
Products Insurance; Insurance-Casualty; Insurance-Property
Regions Am
Rule Type Final
Rule Date 9/18/2023
Effective Date 1/1/2025
Rule Id 185755
Linked to Rule :108358
Reg. Last Update 4/19/2024
Report Section US Insurance

Last substantive update on 04/23/2024