TITLE 28.INSURANCE

Part 1. TEXAS DEPARTMENT OF INSURANCE

Chapter 5. PROPERTY AND CASUALTY

Subchapter N. RESIDENTIAL PROPERTY INSURANCE MARKET ASSISTANCE PROGRAM

28 TAC §§5.9403 - 5.9406, 5.9408 - 5.9411

The Commissioner of Insurance adopts amendments to §§5.9403, 5.9404, 5.9405, 5.9406, 5.9408, 5.9409, 5.9410, and 5.9411, concerning the plan of operation of the Residential Property Insurance Market Assistance Program (MAP). The amendments to §§, 5.9404, 5.9406, 5.9409, 5.9410, and 5.9411 are adopted without changes to the text published in the April 14, 2000, issue of the Texas Register (25 TexReg 3168) and will not be republished. The amendments to §§5.5903, 5.9405 and 5.9408 are adopted with changes.

Article 21.49-12 was enacted by the Texas Legislature in 1995 to require the Commissioner to establish a voluntary market assistance program to assist consumers in obtaining residential property insurance coverage, defined in Article 21.49-12, §1(a) as homeowners and residential fire and allied lines coverage, in underserved areas that are determined and designated by the Commissioner. The purpose of the MAP is to provide a fair, efficient, and economical voluntary mechanism to assist Texas consumers in obtaining residential property insurance in designated underserved areas of the state, including rural areas. The adopted amendments are necessary to update the plan of operation (i) to incorporate changes that allow the MAP application process to be handled directly by department staff without requiring MAP applications to be submitted through an originating agent; (ii) to incorporate changes that reflect that residential property insurance in underserved areas does not include farm and ranch owners and farm and ranch insurance policies; and (iii) to revise three miscellaneous areas of the plan. Sections 5.9405(b) and 5.9408(b)(3) were changed from the text as proposed to conform references to Article 21.49-12, §§(2) and (4) to the new numbering of subsections of Article 21.49-12 required by S.B. 324 (enacted by the 76th Texas Legislature.) Correction of a typographical error has been made to §5.9403. These amendments are recommended for adoption by the MAP Executive Committee pursuant to Article 21.49-12, §2(a) of the Insurance Code and §5.9412 of the plan of operation. The amended sections were considered by the Commissioner of Insurance in a public hearing on May 24, 2000, Docket No. 2447.

The following adopted amendments to §§5.9403, 5.9406 and 5.9409 concern the processing of MAP applications directly by department staff without requiring the applications to be submitted through an originating agent. Section 5.9403 is amended in definition number (2) entitled "Application" to add the language "or completed by an applicant and the Department" to clarify that the department staff may assist applicants with completion of the MAP applications in addition to MAP applications being completed and submitted through an originating agent. Section §5.9406 is amended in subsection (e) to provide that if the department's MAP Division completes an application, the department will obtain documentation concerning eligibility from the applicant or will obtain information from the applicant to obtain the needed eligibility documentation directly from the agent. Subsection (g) is amended to add that the department as well as an originating agent may re-submit an application to the MAP. Section 5.9409 is amended in subsection (a) to provide that the department's MAP Division will assist applicants applying directly to the MAP as specified in subsection (a)(5) (A)-(C). Subsection (a)(1) is amended to delete the word "only" to clarify that applicants may apply directly to the MAP in lieu of applications only being submitted through an originating agent. Subsection (a)(2) is deleted in its entirety because the department staff is now authorized to complete applications directly without the requirement of referring applicants to participating agents. Subsection (a)(3) is renumbered as (a)(2) and is amended to delete the reference to the Property and Casualty Intake Unit and provide that insurers submit completed application packets to the MAP Division. New subsection (a)(3) has been added to allow applicants to apply directly to the MAP and receive assistance in completing the application from department staff. It further specifies that the same eligibility requirements apply to both direct applications and those submitted through originating agents. New subsection (a)(4) has been added to clarify that the MAP application form (TMAP-10) will be used for the direct applications with information relating to the originating agent marked "not applicable." New paragraph (5)(A) specifies that when applicants apply directly to the MAP, department staff will request ZIP code information to verify that the risk is located in an underserved area. New paragraph (5)(B) outlines the procedure that department staff will follow to determine if the applicant meets the eligibility requirements concerning his/her inability to obtain residential property insurance and that if the applicant requests assistance with obtaining this information the department staff member will make a diligent effort to provide the assistance. New paragraph (5)(C) specifies that department staff will determine eligibility for participation in the MAP once the required information concerning the applicant's inability to obtain residential property insurance is received. Paragraph (6)(A) is amended to provide that if an applicant applies directly to the department, the application will be initialed and dated by the staff member assisting with the application. Subsection (b)(1) is amended to clarify that the preliminary processing steps described in the paragraph apply only to applications submitted by an originating agent. New subsection (b)(2) has been added to provide that if the applicant has applied directly to the MAP, preliminary processing includes logging in the name and address of the applicant. Subsection (b)(4) is amended to clarify that ineligible applications are required to be returned to the originating agent only if the application is submitted through an originating agent. Subsection (c)(1) is amended in paragraph (1) to provide that eligible MAP applications will be provided electronically by the department's MAP division to all participating insurers. Paragraphs (1)(A) and (2)(A) of subsection (c) are amended to specify how the requirements apply in instances where an application is submitted through an originating agent and also in instances where the applicant applied directly to the MAP. Subsection (d)(4) is amended in paragraph (4) to clarify that the requirement of notifying the originating agent of the policy issuance is only required if the application was submitted by an originating agent. Section 5.9409 is amended to delete subsection (f) in its entirety. This amendment is necessary because the 76th Legislature enacted S.B. 324 which repealed section 5 of Article 21.49-12 of the Insurance Code that imposed the confidentiality provisions on the MAP program. The confidentiality requirements were repealed in Article 21.49-12 because such requirements would greatly impede the department staff's efforts to assist applicants with completion of their applications over the phone. The adopted amendments to §5.9403 and 5.9494 implement S.B. 323 (enacted by the 76th Texas Legislature) which establishes that residential property insurance for purposes of the MAP does not include farm and ranch and farm and ranch owners policies. The Legislature enacted S.B. 1499 during the 75th Legislature to provide that effective January 1, 1998, farm and ranch and farm and ranch owners insurance was no longer regulated as a personal lines coverage pursuant to Articles 5.35 and 5.101 of the Insurance Code, but rather was to be regulated as commercial property insurance under Article 5.13-2 of the Insurance Code. S.B. 323 (enacted by the 76th Texas Legislature) specifies that residential property insurance does not include farm and ranch coverages and that the MAP will no longer assist homeowners in underserved areas in obtaining farm and ranch coverages because they are now defined as commercial coverages. Section 5.9403 is amended to delete the reference to farm and ranch coverages from the definition of "residential property insurance." Section 5.9404, subsections (b) and (c) are amended to clarify that residential property insurance forms and endorsements do not include farm and ranch and farm and ranch owners policies and may not be used either in Class 1 or Class 2 designated underserved areas in writing coverage through the MAP. A provision is added to the section to clarify that statutory references do not include farm and ranch and farm and ranch owners policies. Subsection (d) of §5.9404 is amended in paragraphs (2) (F) and (3)(E) to delete provisions that provide that the types of coverage that may be provided in underserved areas include any other coverage available under policy forms and endorsements filed by an individual insurer pursuant to Article 5.13-2 for the purpose of providing farm and ranch and farm and ranch owners coverage and approved by the Commissioner. The remaining adopted amendments revise three miscellaneous areas of the plan of operation. Subsections (a) and (b) of §5.9405, subsections (b)(3) and (d)(1)(A) of §5.9408, and subsection (a)(1) of §5.9411 have been amended to conform references to Article 21.49-12 §2 to the new numbering of subsections of Article 21.49-12 required by S.B. 324. Section 5.9409 is amended to redesignate current subsections (g) and (h) as new subsections (f) and (g) respectively. Section 5.9409 is also amended in subparagraph (F)(ii) to change the reference to "key rates" as a rating factor to "public protection classification codes." Section 5.9410 (relating to the Executive Committee) is amended in subsections (c)(2) and (d)(4) to add language to clarify that the Executive Committee and subcommittees are not required to meet quarterly unless there are items of substantive business to conduct.

One commenter supports the amendments that allow the MAP application process to be handled directly by department staff without requiring MAP applications to be submitted through an originating agent and believes that these revisions should make the application process faster, easier, and more accessible to consumers.

For: Office of Public Insurance Counsel.

The amendments are adopted pursuant to the Insurance Code Article 21.49-12 and §36.001. Article 21.49-12 §1(a) requires the Commissioner to establish a voluntary market assistance program to assist Texas consumers in obtaining residential property insurance coverage in underserved areas, which shall be determined and designated by the Commissioner by rule using the standards specified in Article 5.35-3 §1 of the Insurance Code. Article 21.49-12 §2(a) provides that the MAP Executive Committee may submit suitable amendments to the plan of operation to the Commissioner for adoption by rule after notice and hearing. Insurance Code §36.001 authorizes the Commissioner of Insurance to adopt rules and regulations, which must be for general and uniform application, for the conduct and execution of the duties and functions of the Texas Department of Insurance only as authorized by a statute.

§5.9403.Definitions.

The following words and terms when used in this plan of operation, which is contained in §§5.9401-5.9415 of this title (relating to the Residential Property Insurance Market Assistance Program Plan of Operation), shall have the following meanings unless the context clearly indicates otherwise.

(1)

Agent commissions--The portion of the premium paid by an insurer participating in the Residential Property Insurance Market Assistance Program for production of the residential property insurance business pursuant to Article 21.49-12 §4 of the Insurance Code.

(2)

Application--The form promulgated by the Texas Department of Insurance to be completed by an applicant and the originating agent and submitted to the Texas Department of Insurance or completed by an applicant and the Department to apply for assistance in obtaining residential property insurance through the Residential Property Insurance Market Assistance Program.

(3)

Commissioner--Commissioner of Insurance of the State of Texas.

(4)

Department--Texas Department of Insurance.

(5)

Designated underserved area--An area determined and designated by rule as an underserved area by the Commissioner of Insurance, pursuant to Article 21.49-12 of the Insurance Code, using the standards specified in Article 5.35-3 §1 of the Insurance Code.

(6)

Executive Committee--The 11-member body appointed by the Commissioner of Insurance and authorized pursuant to Article 21.49-12 of the Insurance Code to advise and consult with the Commissioner with regard to the administration of the Residential Property Insurance Market Assistance Program.

(7)

Insurer--Any insurer licensed to write property or casualty insurance and actually writing residential property insurance in Texas, including Lloyd's, reciprocals, or interinsurance exchanges; an insurer is actually writing residential property insurance in Texas if the insurer has reported under the statistical plan a positive number for residential property insurance direct written premium during the last reporting period.

(8)

Issuing agent--

(A)

A licensed local recording agent appointed to represent the insurer providing residential property insurance coverage through the Residential Property Insurance Market Assistance Program who signs, executes, and delivers the policies of insurance; maintains a record of the business; examines and inspects the risk; receives and collects premiums; and performs other customary duties of a local recording agent; or

(B)

A salaried representative for an insurer whose plan of operation does not contemplate the use of local recording agents appointed to represent the insurer providing residential property insurance coverage through the Residential Property Insurance Market Assistance Program who signs, executes, and delivers the policies of insurance; maintains a record of the business; examines and inspects the risk; and receives and collects premiums; and performs other customary duties of a local recording agent.

(9)

Manufactured home--Mobile home, manufactured housing, or manufactured home as defined in the Texas Manufactured Housing Standards Act (Texas Revised Civil Statutes, Article 5221f).

(10)

MAP--The Residential Property Insurance Market Assistance Program authorized and operated pursuant to Article 21.49-12 of the Insurance Code to assist consumers in Texas in obtaining residential property insurance coverage in underserved areas as determined and designated by the Commissioner of Insurance by rule.

(11)

Originating agent--

(A)

A licensed local recording agent authorized by Article 21.49-12 of the Insurance Code to complete an application for assistance on behalf of an applicant for submission to the Residential Property Insurance Market Assistance Program without being appointed to represent the insurer providing the coverage through the Residential Property Insurance Market Assistance Program; or

(B)

A salaried representative for an insurer whose plan of operation does not contemplate the use of local recording agents authorized by Article 21.49-12 of the Insurance Code to complete an application for insurance on behalf of an applicant for submission to the Residential Property Insurance Market Assistance Program without being appointed to represent the insurer providing the coverage through the Residential Property Insurance Market Assistance Program.

(12)

Residence premises--The residence premises shown on the declarations page of the insured's residential property insurance policy and which includes the one-family or two-family dwelling and other private structures and grounds.

(13)

Residential property insurance--Insurance against loss to real or tangible personal property at a fixed location provided in a homeowners policy or residential fire and allied lines policy.

(14)

Residential risk--Dwelling, manufactured home, or other private structure located on the residence premises, and personal property contained therein.

(15)

Unaffiliated--Not an affiliate or not affiliated with another insurer or insurers as "affiliate" is defined in the Insurance Holding Company System Regulatory Act (Article 21.49-1 of the Insurance Code).

§5.9405.Rates.

(a)

Pursuant to Article 21.49-12 §2(b)(2) of the Insurance Code, each insurer has the right to individually evaluate the risk and apply the rates that are in accordance with the provisions of the Insurance Code that are applicable to that insurer.

(b)

Pursuant to Article 21.49-12 §2(b)(3) of the Insurance Code, each insurer has the option of providing a premium quote on the same coverage basis for which it normally provides insurance in this state using its own underwriting guidelines and the rates determined in accordance with the provisions of the Insurance Code applicable to that insurer.

§5.9408.Participating Agents.

(a)

Qualifications.

(1)

An individual is eligible to perform the functions of an originating agent for a MAP applicant if the individual, at the time the application to the MAP is completed, is duly licensed by the Department as a local recording agent or is a salaried representative for an insurer whose plan of operation does not contemplate the use of local recording agents.

(2)

An individual is eligible to perform the functions of an issuing agent for an insurer voluntarily participating in the MAP if the individual is duly licensed by the Department as a local recording agent and is appointed to represent the insurer or is a salaried representative for an insurer whose plan of operation does not contemplate the use of local recording agents.

(b)

Functions of an originating agent.

(1)

The originating agent shall complete the application for assistance in obtaining residential property insurance on behalf of the MAP applicant.

(2)

The originating agent shall submit the application and documentation required by subsection (e) of §5.9406 of this plan of operation (also subsection (e) of §5.9406 of this title, relating to Eligibility for Referral) regarding cancellation, non-renewal, or declination to the MAP as soon as possible, but no later than the fifth business day following completion of the application.

(3)

Pursuant to Article 21.49-12 §4(f) of the Insurance Code, if the originating agent and the issuing agent are not the same person, the originating agent may not be held to be the agent of the insurer unless there is an appointment as specified by Article 21.14 of the Insurance Code.

(c)

Functions of an issuing agent.

(1)

The issuing agent shall perform all of the customary duties of a local recording agent including, but not limited to, the following:

(A)

signing, executing and delivering policies of insurance;

(B)

maintaining a record of the business;

(C)

examining and inspecting the risk; and

(D)

receiving and collecting premiums.

(2)

The issuing agent may also be the originating agent.

(d)

Agent commissions.

(1)

Originating agent's commission.

(A)

Pursuant to Article 21.49-12 §4(e) of the Insurance Code, the originating agent shall share commissions with the issuing agent.

(B)

The originating agent's share of the commission for the original policy term shall be as follows: $25 when the policy premium is $500 or less, and $50 when the policy premium is over $500.

(C)

If the issuing agent is a licensed local recording agent, the originating agent's share of the commission for policy renewals shall be 25 percent of the amount of the commission paid to the issuing agent by the insurer. If the issuing agent is a salaried representative, the originating agent's commission fee for policy renewals shall be $15. The renewal commission and renewal commission fee requirements shall apply only to policy renewals in which the insurer is the same insurer as when the original policy was issued through the MAP.

(D)

Within five working days after the issuance date of the insurance policy issued through the MAP, the insurer shall notify the Department by mail or facsimile transmission and the originating agent in writing or via electronic means that the insurance policy was issued. The notice shall include the insurance policy number and the name, address, telephone number, and fax number of the issuing agent.

(E)

The issuing agent shall be responsible for payment of the originating agent's share of the commission and commission fee as specified in subparagraphs (B) and (C) of this paragraph within 30 days after the date the commission payment is made to the issuing agent by the insurer.

(2)

Issuing agent's commission. The payment of the commission to the issuing agent is based on the contract or agreement between the insurer and the issuing agent.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on June 6, 2000.

TRD-200003990

Lynda Nesenholtz

General Counsel and Chief Clerk

Texas Department of Insurance

Effective date: June 26, 2000

Proposal publication date: April 14, 2000

For further information, please call: (512) 463-6327