Final Action on Rules
The Commissioner of Insurance, at a public hearing under Docket No. 2383
held at 10:00 a.m., November 4, 1998 in Room 100 of the William P. Hobby Jr.
State Office Building, 333 Guadalupe Street in Austin, Texas, adopted amendments
proposed by Staff to the Texas Automobile Rules and Rating Manual (the Manual).
The amendments consist of new and/or adjusted 1997, 1998, and 1999 model Private
Passenger Automobile Physical Damage Rating Symbols and revised identification
information. Staff's petition (Ref. No. A-0998-25-I) was published in the
September 25, 1998 issue of the
Texas Register
(23 TexReg 9797).
The new and/or adjusted symbols for the Manual's Symbols and Identification
Section reflect data compiled on damageability, repairability, and other relevant
loss factors for the 1997, 1998, and 1999 model years of the listed vehicles.
The amendments as adopted by the Commissioner of Insurance are shown in
exhibits on file with the Chief Clerk under Ref. No. A-0998-25-I, which are
incorporated by reference into Commissioner's Order No. 98-1364 .
The Commissioner of Insurance has jurisdiction over this matter pursuant
to the Insurance Code, Articles 5.10, 5.96, 5.98, and 5.101.
This notification is made pursuant to the Insurance Code, Article 5.96,
which exempts it from the requirements of the Government Code, Chapter 2001
(Administrative Procedure Act).
Consistent with the Insurance Code, Article 5.96(h), the Department will
notify all insurers writing automobile insurance of this adoption by letter
summarizing the Commissioner's action.
IT IS THEREFORE THE ORDER of the Commissioner of Insurance that the Manual
is amended as described herein, and the amendments are adopted to become effective
on January 15, 1999.
This agency hereby certifies that the amendments as adopted have been reviewed
by legal counsel and found to be a valid exercise of the agency's authority.
TRD-9817954
Lynda H. Nesenholtz
General Counsel and Chief Clerk
Texas Department of Insurance
Filed: November 24, 1998