Part 1.
TEXAS DEPARTMENT OF INSURANCE
Chapter 5.
PROPERTY AND CASUALTY INSURANCE
Subchapter M. FILING REQUIREMENTS
The Commissioner of Insurance adopts new Divisions 4 - 9, §§5.9310,
5.9320, 5.9330 - 5.9332, 5.9340 - 5.9342, 5.9350 - 5.9352, and 5.9355 - 5.9357,
concerning filing requirements. Sections 5.9310, 5.9320, 5.9332, 5.9342 and
5.9357 are adopted with changes to the proposed text as published in the October
29, 2004, issue of the
Texas Register
(29
TexReg 10056). Sections 5.9330, 5.9331, 5.9340, 5.9341, 5.9350 - 5.9352, 5.9355,
and 5.9356 are adopted without changes.
Divisions 4 - 9, §§5.9310, 5.9320, 5.9330 - 5.9332, 5.9340 -
5.9342, 5.9350 - 5.9352, and 5.9355 - 5.9357, are necessary to implement and
clarify the various filing requirements of insurers so that insurers will
be able to make the necessary filings and be in compliance with the regulatory
changes enacted by Senate Bill 14 (SB 14) and House Bill 1865 (HB 1865) which
were enacted by the 78th Legislature, Regular Session, 2003. SB 14 amended
various provisions of Chapter 5 of the Insurance Code, including Articles
5.13 and 5.13-2, as well as added Article 21.49-2U and §38.002 relating
to the use of credit scoring and underwriting guidelines for personal automobile
and residential property insurance, respectively. HB 1865 added Article 5.41-3
regarding commercial group property insurance. This legislation changed the
form and rate filing requirements for certain insurers, and for certain lines
of insurance. Section 5.9310 (Division 4) is necessary to specify the form
and content of the filing transmittal form that each insurer is required to
use for property and casualty form, rate, rule, underwriting guideline, and
credit scoring model filings. The information that is required in the transmittal
form is necessary for the following purposes: to identify the entity making
the filing, to specify the line or lines of insurance for which the filing
is being made, to provide the information that is necessary for the department
to track the filing in the agency, and to provide the information that is
needed to properly route the filing to the divisions that will be performing
the review of the filed information. Article 5.13-2 §8(a), as well as
other statutes, mandates that an insurance policy form or endorsement may
not be delivered or issued for delivery in Texas unless the forms have been
filed with and approved by the Commissioner.
Section 5.9320 (Division 5) concerns the filing requirements for property
and casualty policy form, endorsement, and manual rule filings. The information
that the department specifies in this section which must be included in the
filing of new and amended policy forms and endorsements is necessary for the
staff reviewing the filings to ensure that the policy forms or endorsements
comply with the Insurance Code, administrative rules, and Commissioner's orders
and that they do not contain provisions or titles which are unjust, encourage
misrepresentation, are deceptive, or violate public policy.
Sections 5.9330 - 5.9332 (Division 6) implement Insurance Code Chapter
5 filing requirements (as amended by SB 14) and also implement new Article
5.41-3 for commercial group property insurance as those provisions relate
to rates and supplementary rating information. SB 14 amended or repealed various
provisions of Chapter 5 of the Insurance Code, including Articles 5.13, 5.13-2,
5.101, 5.15, and 5.53. These changes essentially streamlined rate regulation
from Article 5.101 benchmark and Articles 5.15 and 5.53 prior approval methods
into the file and use rate regulation system of Article 5.13-2. Due to separate
and distinct articles within the Insurance Code, prior to SB 14, Lloyds plans,
reciprocals and interinsurance exchanges (Lloyds and reciprocals), and county
mutual insurers were not subject to rate regulation for certain lines of insurance.
The SB 14 amendments provided for rate regulation of residential property
and automobile insurance under Article 5.13-2 for Lloyds, reciprocals, and
county mutual insurance companies. Article 5.13-2 §5A provides for a
limited prior approval system for certain insurers, but the overall uniform
system of rate regulation effective December 1, 2004, for all insurers of
property and casualty insurance in Texas is a file and use rate filing system.
The department has the duty to ensure that rates used under the Insurance
Code are just, fair, reasonable, adequate, not confiscatory, not excessive,
and not unfairly discriminatory for the risks to which they apply. In order
to accomplish this legislative mandate, insurers must file all rates, applicable
rating manuals, supplementary rating information, and all other information
required by the commissioner by rule. The adopted sections set forth general
rate filing requirements but do not require insurers to submit a comprehensive
rate filing in each instance. The department recognizes that there will be
instances where lesser documentation is sufficient. In order to accommodate
these different circumstances and provide insurers with some flexibility,
the department has developed a list and description of seven categories of
supporting information. This supporting information will generally provide
the department with sufficient documentation to determine whether a rate meets
the statutory requirements. The department recognizes that documentation will
vary from one rate filing to another depending on the type of filing an insurer
submits. For example, a rate filing containing rates for an endorsement may
not require the same extent of information as a loss cost reference filing.
The department may also request additional information when necessary to determine
whether a rate complies with the statutory rating standards.
Sections 5.9340 - 5.9342 (Division 7) facilitate the department's management,
including updates, of underwriting guidelines required to be filed with the
department by insurers writing personal automobile and residential property
insurance.
Sections 5.9350 - 5.9352 (Division 8) are necessary to set forth the filing
requirements for credit scoring models used for certain types of personal
insurance as defined in Insurance Code Article 21.49-2U.
Sections 5.9355 - 5.9357 (Division 9) set forth reduced filing requirements
for certain insurers in accordance with the provisions of Articles 5.13-2, §13
and 5.13-2C.
The department has made changes to some sections in response to comments
received and for clarification. None of the changes result in a substantive
change to the rules. Changes were made to §5.9310(b)(7) to correctly
alphabetize the list of lines of insurance and to modify a term (multi-peril)
to conform to SB 14 amendments. The same modification was made in §5.9310(c)(5)
and in §5.9320. A clarification was made in §5.9332(e) to properly
identify location for expense information and a clarification was made in §5.9342(a)(2)
to avoid confusing or redundant language. A minor change was made to §5.9357
to clarify a statutory cite.
Division 4, §5.9310, sets forth the form and content of the filing
transmittal form that insurers are required to use for property and casualty
form, rate, rule, underwriting guideline, and credit scoring model filings.
Subsection (a) sets forth the purpose of the section. Subsection (b) defines
terms and subsection (c) specifies minimum elements of required information
that must be included in the transmittal form. Subsection (d) notifies insurers
where they may obtain copies of the transmittal form. Subsection (e) provides
that insurers may use the National Association of Insurance Commissioners
transmittal form or any other transmittal form if the information included
in the form contains all of the information required under subsection (c).
Subsection (f) provides information to insurers on how to obtain the Filings
Made Easy Guide. Subsection (g) provides information on where insurers are
to submit filings within the Texas Department of Insurance.
Division 5, §5.9320, sets forth the filing requirements for property
and casualty policy form, endorsement, and manual rule filings. Subsection
(a) sets forth the purpose of the section. Subsection (b) defines the terms
used in the section. Subsection (c)(1) contains the general filing requirements
that specify that each new or amended policy form or endorsement filing that
is filed for approval must contain a filing transmittal form, a copy of the
proposed policy form or endorsement, and an explanatory memorandum. Subsection
(c)(2)(A) contains additional filing requirements that the department may
impose that are specific to new policy forms or endorsements. If the explanatory
memorandum required under subsection (c)(1)(B)(iii) does not fully explain
or describe the filed policy forms or endorsements, additional filing requirements
may be imposed by the department. In subsection (c)(2)(B), there are additional
filing requirements specific to amendments that are filed for previously approved
or adopted policy forms or endorsements which include a coverage evaluation
that contains a detailed explanation of the proposed changes to the policy
form or endorsement or either a side by side comparison between the proposed
form or endorsement and what has been previously approved or a copy of the
previously approved or adopted policy form or endorsement with clearly identified
editorial notations referencing the new and replaced language. Filers are
given the option of providing these additional requirements in the explanatory
memorandum required under subsection (c)(1)(B)(iii) in lieu of providing them
in the separate documents. Subsection (c)(3) specifies that filings shall
include all provisions required by statute, administrative rule, or Commissioner's
order. Subsection (d) outlines the requirements for filing manual rules with
the department. Subsection (e) outlines the procedure and requirements for
insurers to make reference filings for policy forms, endorsements, and manual
rules. Subsection (f) provides a description of an incomplete filing, outlines
the department's procedure for handling an incomplete filing, and specifies
that the 60 day period for a policy form or endorsement to be deemed approved
does not commence until a complete filing is received by the department.
Section 5.9330 sets forth the purpose of Division 6. Section 5.9331 defines
certain terms used in the division. Section 5.9332(a) provides for maintaining
current information with the department. Section 5.9332(b) - (d) sets forth
specific filing requirements for rate filings made in accordance with Articles
5.13-2, 5.41-3, 5.55, and 21.50. Section 5.9332(e) requires insurers to submit
sufficient supporting documentation as necessary to justify specific rates
or rate changes. In accordance with Article 5.13-2 §5(a-1), subsection
(e)(1) - (7) of §5.9332 sets forth categories and clear descriptions
of supporting information including actuarial support, expense information,
historical experience information, profit provision information, rate change
information, loss cost reference information, and rate reference information.
Subsection (f) of §5.9332 provides that the department may request additional
information. Subsection (g) of §5.9332 describes how rate filings may
be combined with form filings but may not be combined with underwriting guideline
or credit scoring model filings. Subsections (h) and (i) of §5.9332 provide
administrative information regarding the Filings Made Easy guide and the address
to where the rate filings are to be submitted.
Section 5.9340 sets forth the purpose of Division 7. Section 5.9342 provides
a means for the department to manage an increasing volume of filed underwriting
guidelines and updates and to fulfill the purposes of Insurance Code §38.002.
Section 5.9342(a) requires insurers to file with the department a comprehensive
set of their underwriting guidelines at least once every three calendar years
on or before March 1st. In addition, subsection (a) requires insurers to file
underwriting guideline updates not later than 10 days after a change is made
to an underwriting guideline. This establishes a reasonable timeline for insurers
to file updates with the department in compliance with Insurance Code §38.002.
Subsection (b) establishes that oral and electronic underwriting guidelines
must be converted to written form for filing purposes. Subsection (c) provides
that an insurer group or a group of affiliated insurers that files one set
of underwriting guidelines or updates on behalf of individual insurers must
clearly identify which underwriting guidelines apply to each insurer within
the group. Subsections (d) and (e) provide that insurers must file a separate
transmittal form with their underwriting guidelines and may not combine an
underwriting guideline filing with a filing made in accordance with Division
5, 6 or 8 of Subchapter M.
Section 5.9350 sets forth the purpose of Division 8. Section 5.9351 references
the definitions in Article 21.49-2U and defines credit scoring model or models.
Section 5.9352 sets forth the filing requirements for insurers to follow when
filing credit scoring models. The section also requires insurers to file all
credit scoring models prior to use and requires specific information that
must be filed with the department.
Section 5.9355 sets forth the purpose of Division 9. Section 5.9356 provides
reference for definitions in the division. Section 5.9357(a) sets forth the
informational filing requirements for an insurer of nonstandard personal automobile
insurance. Section 5.9357(b) sets forth the informational filing requirements
for an insurer serving the underserved market in accordance with Article 5.13-2C.
Section 5.9357(c) sets forth additional provisions which apply to filings
made under either subsection (a) or (b) of §5.9357.
General
Comment: A couple of commenters support the dual lists of requested information,
which are a list of generally required information and an additional list
of information that may be required from insurers. The commenters state that
even though supporting information may not be required up front, the department
may request the information as part of the rate filing. The commenters support
requesting countrywide experience when necessary to determine appropriate
expenses. Another commenter believes the rule goes a long way towards delivering
legislative intent, providing a mainstream rating system, providing an efficient
process for insurers, and protecting consumers by requiring insurers to meet
statutory standards.
Agency response: The department agrees with and appreciates the comments.
Comment: A commenter states that the ultimate intent of the legislature
was to create a competitive marketplace and implementation of the rule will
be important. The commenter feels the marketplace should be allowed sufficient
time to determine rates. The commenter does not want to create a specter of
dual filing or dual regulation where certain companies are provided different
rate regulatory programs which would create a non-level playing field.
Agency response: The department believes the rule effectively addresses
legislative intent. Moreover, the rule does not result in unfair disadvantages
or interfere with speed to market initiatives. The rules reflect the statutory
differences for filing among insurers and the filing requirements apply uniformly
based on these statutory differences.
§5.9310: One commenter recommends, in the interest of uniformity among
the states, that the rule explicitly authorize the use of System for Electronic
Rate and Form Filing (SERFF) to transmit filings.
Agency response: The department does not believe that the rule must explicitly
authorize the use of SERFF since SERFF is a procedural system for submitting
filings. The same filing requirements that apply to other methods of submitting
filings, such as filings sent by mail, are applicable to SERFF filings.
§5.9320: One commenter states that the term "policy form" should be
explicitly defined to clarify that it will not be construed to require filing
of, e.g., applications, bills and diary letters.
Agency response: The department disagrees. Insurance Code Article 5.13-2 §8(a)
requires insurance policies and endorsement forms for use in writing the types
of insurance subject to Article 5.13-2 to be filed with and approved by the
commissioner. Items not part of a policy, such as applications, bills and
diary letters, do not have to be filed with or approved by the commissioner.
The department believes that the rule is consistent with the statutory requirement.
§5.9332(a)(3): A commenter opposes this paragraph because the filing
of information concerning fees are not required under Articles 21.35A or 21.35B.
The commenter argues that none of the statutes expressly define rates to include
fees. The commenter believes no valid purpose is served to require insurers
to provide actuarial support for fees or subject them to the statutory rate
standard.
Agency response: The department disagrees. Article 5.13-2 §5 (a-1)
authorizes the commissioner to require insurers to file information concerning
fees charged or collected in accordance with Articles 21.35A and 21.35B. Without
information concerning fees the department cannot determine whether the resulting
rates and charges satisfy the statutory requirements.
§5.9332(e): One commenter supports the language in §5.9332(e)
that links a request for additional information to the statutory rate standards
of excessiveness, inadequacy, or unfair discrimination. The commenter believes
all references to additional information requests should be similarly linked
to statutory standards, but does not cite any specific instance to which this
comment pertains.
Agency response: The department appreciates the support but believes that
all references to additional information requests are appropriate.
Comment: One commenter appreciates the categories of supporting information
but believes that the existence of categories will force insurers to attempt
to tailor their filings to this checklist of categories to avoid further requests
from the department.
Agency response: The department believes that the categories and details
are necessary for companies to be aware of the kind of information that may
be requested from them. The list in no way compels a company to file this
information unless specifically requested by the department.
§5.9332(e)(1): One commenter notes that this provision uses factor
and relativity interchangeably and recommends using "factor" for clarity.
Agency response: The department disagrees and believes there is a difference
in meaning between "factor" and "relativity" as factors are used as multipliers
and relativities are a relationship between values and may or may not be factors.
§5.9332(e)(1)(B): A commenter states this provision requires both
incurred data and paid data. According to the commenter, paid data is a subset
of incurred data and thus more volatile, and requiring both will require a
larger filing document. The commenter notes further that most states require
only incurred data and requests the paid loss filing requirement be deleted
or made optional.
Agency response: The department disagrees. Paid data may be necessary to
evaluate changes in reserving patterns. Furthermore, these items are required
only as necessary.
§5.9332(e)(1)(K): One commenter states this subparagraph appears to
require off-balance detail on every factor change. The commenter notes that
a majority of states require off-balance information on books as a whole and
that this level of detail is important competitive information and provides
competitors with confidential information. The commenter requests that the
requirement for detail for each factor be deleted and/or modified to require
only line or coverage off-balance information.
Agency response: The department disagrees. The rule does not require off-balance
information on every change, rather it is required where necessary to support
proposed rates. Without off-balance factors by line and/or coverage the department
would not be able to determine whether the resulting rates and charges satisfy
the statutory requirements.
§5.9332(e)(2): A commenter states that §5.9332(e)(2) requires
three years of historical and countrywide experience. The commenter expresses
that three years of state data is a commonly accepted industry standard and
makes sense. Further, the commenter notes that in another place in the rule,
five years of data is required. The commenter requests to submit only state
data and believes the number of years for data requested should be consistent.
Agency response: The department believes the amount and type of data requested
is appropriate to the category of information being requested. The department
feels it is necessary to designate time periods since "standard" time periods
vary from carrier to carrier and from one type of data to another type of
data. The amount of data requested reflects different purposes, and different
amounts of data for one purpose may not be sufficient to establish credible
information for other purposes. In the case of expense information, the department
believes three years of data is necessary and sufficient. Countrywide expense
information is appropriate for the types of expenses typically gathered at
the countrywide level especially as state data is generally not available.
Countrywide data may also be necessary to support the filing. In the case
of premium and loss experience, the department believes a five year time line
is necessary and appropriate.
Comment: One commenter does not believe that companies should have to file
indication data when increasing or decreasing surcharges or discounts.
Agency response: The department disagrees. Rates must be reasonable, adequate,
and not excessive for the risks covered under the policy. Without support
underlying the surcharges or discounts, the department cannot determine whether
the resulting rates and charges satisfy the statutory requirements.
§5.9332(e)(2)(C): One commenter does not believe that it is appropriate
to cap expenses at 110% of the industry average as it is inconsistent with
the "file and use" approach of SB 14.
Agency response: The department believes that §5.9332(e)(2)(C) reflects
legislative intent regarding capping expenses at 110% of the industry median.
To the extent that the rates being filed are not subject to a statutory cap,
the department believes that this rule does not impose a cap but rather calls
for the evidence necessary to show that the computation of the rate does not
include disallowed expenses when it is a "necessary adjustment."
§5.9332(f): A commenter believes the legislature did not intend for
"file and use" to amount to a free reign for the insurance industry. The commenter
notes that SB 14 gives the department the tools necessary to play an active
and vigilant role in overseeing the industry on behalf of policyholders. According
to the commenter, the department should have full information to identify
problems early and act quickly and, by not requiring insurers to provide all
supporting information up front, the department will be left to play catch
up with insurers as it tries to ascertain the rates. Further, the commenter
states that the lag time involved in requesting additional information and
reviewing for sufficiency may place the public at risk.
Agency response: The department believes that the intent of SB 14 is to
encourage competition in the marketplace without undue or burdensome filing
requirements. Flexible filing requirements are designed to promote legislative
intent. The rule allows the department to require additional information which
will enable the department to gauge the reasonableness of the rates.
§5.9342: A commenter welcomes the idea of a periodic regular review
of underwriting guidelines but questions why it is based on a three year period.
Carriers should file their underwriting guideline requirements annually, unless
they make changes during the year, thus necessitating another filing. Another
commenter recommends that §5.9342 be deleted because it imposes unnecessary
filing and tracking burdens, exceeds the statutory mandate, and does not provide
any regulatory benefit. The commenter states that while the relevant statute
only requires that personal auto and residential property underwriting guidelines
be filed with the department (without indicating how often this must be done)
and updated when changed, the proposed rule would require that the guidelines
be filed at least once every third year.
Agency response: The department disagrees. Insurance Code §38.002
became effective June 11, 2003. Under §38.002(b), each insurer is required
to file with the department a copy of its underwriting guidelines for all
personal automobile and residential property policies delivered, issued for
delivery, or renewed on of after June 11, 2003. In addition, §38.002
requires each insurer to update its filing each time the underwriting guidelines
are changed, not annually. The department believes requiring a complete set
of underwriting guidelines every three years is necessary to avoid the possibility
of the insurers' underwriting guidelines becoming incomprehensible as a result
of infinite piecemeal filings. The department further believes that it is
reasonable, necessary and within its statutory authority to require each insurer
to file a complete and comprehensive set of its underwriting guidelines at
least once every three years. This requirement will promote efficiency of
department review, decrease the number of department inquiries to insurer,
and minimize cost to insurers.
§5.9342(e): A commenter stated that §5.9342(e) may not be statutorily
required but the rule requires companies to file underwriting guidelines separately.
To the extent possible, the commenter would like to submit documentation or
a letter specifying guidelines sent in a previous filing, rather than submit
a separate filing.
Agency response: The rule is intended to assist the department in maintaining
distinct statutory public disclosure requirements. For example, under Article
5.13-2 §6, each form, rate and rule filing and any supporting information
is open to public inspection as of the date of filing. Under Article 21.49-2U §10,
credit scoring model filings are public information not subject to any exceptions
and cannot be withheld from disclosure. However, under §38.002(f), underwriting
guidelines are subject to Chapter 552, Government Code, and may be considered
information excepted from public disclosure. The department believes that
these separate and distinct filing requirements enable the department to expeditiously
identify and distinguish between filings subject to immediate public disclosure
and filings that may be excepted from public disclosure. The separate filing
provisions of this rule are not intended to restrict companies from submitting
items that may have otherwise been considered underwriting guidelines in a
rate or form filing. Rather the department believes this requirement will
promote efficiency of department review, decrease the number of department
inquiries to insurers, and provide the appropriate level of protection afforded
by statute.
§5.9352: A commenter believes that the provision in §5.9352 requiring
filing prior to use should be deleted because it is burdensome, exceeds the
statutory mandate and does not provide any regulatory benefit.
Agency response: The department disagrees. The transition section of Article
21.49-2U in SB 14 specifies that models must be filed "before using." The
department believes that the provision in §5.9352 is appropriate.
For: Office of Public Interest Counsel.
For with changes: Progressive Insurance; Texas Watch.
Against: American Insurance Association.
Neither For or Against: Texas Coalition for Affordable Insurance Solutions.
4.
FILINGS MADE EASY--FILING TRANSMITTAL FORM AND REQUIREMENTS FOR PROPERTY AND CASUALTY FORM, RATE, RULE, UNDERWRITING GUIDELINE, AND CREDIT SCORING MODEL FILINGS
28 TAC §5.9310
The new section is adopted under Insurance Code Articles 5.06,
5.13, 5.13-2, 5.13-2C, 5.35, 5.41-3, 5.55, 5.57, 5.145, 21.49-2U, 21.50 and §36.001
and §38.002. SB 14, as enacted by the 78th Legislature, Regular Session
2003, amended various provisions of Chapter 5 of the Insurance Code, added
Chapter 21.49-2U relating to the use of credit scoring, and added §38.002
relating to underwriting guidelines for personal automobile and residential
property insurance. Article 5.13(e) provides that the regulatory power conferred
in this article is vested in the commissioner. Article 5.13-2 gives the commissioner
authority to regulate policy forms, endorsements, and rates for the writing
of insurance subject to this article. Article 5.13-2, §5(a) and (a-1)
provide that insurers shall file with the commissioner all rates, applicable
rating manuals, supplementary rating information, and additional information
as required by the commissioner for risks written in this state and that the
commissioner by rule shall determine the information required to be provided
in the filing. Article 5.13-2, §13(f) provides that county mutual insurance
companies that have a group market share of less than 3.5 percent and that
issue personal auto policies only at nonstandard rates are subject to rate
filing requirements as determined by the commissioner by rule. Article 5.13-2C
provides that a residential property insurer that meets certain criteria related
to writing more than fifty percent of its policies in underserved areas and
servicing low value homes are exempt from the rate filing and approval requirements
of Articles 5.142 and 5.13-2. Article 5.41-3, which concerns the writing of
commercial group property insurance, provides the requirements for forming
a group or association that would be eligible to be written on a commercial
group property policy, the form filing and rate filing requirements for such
group policies, and that an insurer shall file related information that clearly
identifies the group of businesses or the association to be insured. Article
5.55 provides rate standards and rate filing requirements for workers' compensation
insurance. Article 5.57 requires the commissioner to prescribe a uniform policy
form for workers' compensation insurance, and provides that an insurance company
may not use a form other than one prescribed unless the form is an endorsement
appropriate to the company's plan of operation and submitted to and approved
by the department. Article 5.145, §2 provides that notwithstanding any
other provision of the Insurance Code and except as provided in this section,
an insurer is governed by the provisions of §8 of Article 5.13-2 relating
to policy forms and endorsements for personal automobile and residential property
insurance, but that an insurer may continue to use the policy forms and endorsements
promulgated, approved, or adopted under Articles 5.06 and 5.35 upon notification
to the commissioner in writing. Articles 5.06 and 5.35 set forth filing and
approval procedures for motor vehicle insurance and residential property insurance
previously not subject to Article 5.13-2. Article 5.145 provides that the
commissioner may adopt reasonable and necessary rules to implement this article
relating to policy forms for personal and residential property insurance.
Article 21.49-2U, relating to the use of credit scoring, provides that the
commissioner may adopt rules as necessary to implement this article. Article
21.50 provides the form and rate regulation provisions for mortgage guaranty
insurance. Section 38.002 provides that each insurer, as defined, engaged
in the business of personal automobile or residential property insurance in
this state shall file with the department a copy of the insurer's underwriting
guidelines. Section 36.001 provides that the Commissioner of Insurance may
adopt any rules necessary and appropriate to implement the powers and duties
of the Texas Department of Insurance under the Insurance Code and other laws
of this state.
§5.9310.Property and Casualty Filing Transmittal Form.
(a)
Purpose. The purpose of this division is to specify the
form and content of the filing transmittal form that is to be used for property
and casualty form, rate, rule, underwriting guideline, and credit scoring
model filings and provide information on obtaining such form.
(b)
Definitions. Words and terms not defined in this division
may be defined in the Insurance Code Article 5.13-2 and Subchapter D of Chapter
5 and shall have the same meaning when used in this division. The following
words and terms when used in this division shall have the following meanings
unless the context indicates otherwise:
(1)
Department--Texas Department of Insurance (TDI).
(2)
TDI file number--The number assigned by the department
to a filing submitted by an individual company.
(3)
TDI link number--The number assigned by the department
to link individual TDI file numbers to a filing which is submitted for more
than one company within a group.
(4)
Interline filing--A filing submitted for an endorsement
that may be used with more than one line of insurance provided the endorsement
does not have an impact on rates or a rate filing that may be used with more
than one line of insurance that contains only information concerning policy
fees, service fees, and other fees that are charged or collected by the insurer
under Insurance Code Article 21.35A or 21.35B.
(5)
Reference filing--A filing that references the use of adopted
or approved policy form(s), endorsement(s), manual rule(s), rate(s), or other
acceptable policy form(s), or endorsement(s), manual rule(s), or rate(s),
to which the department has assigned a TDI file number.
(6)
Dual filing--A monoline filing submitted for a specific
line of insurance that may also be written as part of a multi-peril policy.
(7)
Line of insurance--For purposes of this section, each of
the following is a line of insurance:
(A)
automobile-commercial;
(B)
automobile-personal;
(C)
boiler and machinery;
(D)
casualty (personal and commercial);
(E)
credit;
(F)
credit-involuntary unemployment;
(G)
crime;
(H)
crop hail;
(I)
excess liability;
(J)
excess umbrella;
(K)
farm and ranch;
(L)
farm liability;
(M)
farm and ranch owners;
(N)
fidelity bonds;
(O)
financial guaranty bonds or insurance;
(P)
guaranteed auto protection (GAP) (commercial);
(Q)
guaranteed auto protection (GAP) (personal);
(R)
general liability;
(S)
glass;
(T)
inland marine (commercial);
(U)
inland marine (personal);
(V)
involuntary unemployment;
(W)
miscellaneous casualty;
(X)
miscellaneous liability;
(Y)
mortgage guaranty;
(Z)
multi-peril;
(AA)
personal liability;
(BB)
professional liability;
(CC)
property-commercial;
(DD)
property-residential (dwelling);
(EE)
property-residential (homeowners);
(FF)
rain;
(GG)
surety bonds (other than criminal court appearance bonds);
(HH)
umbrella-commercial;
(II)
umbrella-personal; and
(JJ)
workers' compensation.
(c)
Form and content of transmittal form. The filing transmittal
form must be typed and contain, at a minimum, the following information:
(1)
company name;
(2)
NAIC number of the company;
(3)
company group name and group NAIC number;
(4)
type of filing:
(A)
new filing; or
(B)
revision or replacement of an existing filing. If revising
or replacing an existing filing, the TDI file number or link number of the
filing that is being revised or replaced must be provided.
(5)
line of insurance:
(A)
all filings must specify the line of insurance for which
the filing is being made;
(B)
interline filings must indicate all lines of insurance
to which the filing is applicable;
(C)
dual filings must indicate multi-peril insurance and a
specific line of insurance to which the filing is applicable;
(6)
basic description of the filing:
(A)
rate filing, rating manual filing, and rating rule filing;
(B)
policy form;
(C)
endorsement;
(D)
manual rules, other than rating manual rules;
(E)
reference filing--must list the TDI file number or TDI
link number of the filing being referenced;
(F)
credit scoring model; or
(G)
underwriting guidelines;
(7)
proposed effective date; and
(8)
contact person, including name, telephone number, mailing
address, fax number, and e-mail address (if available).
(d)
Availability of transmittal form. The Filing Transmittal
Form (FTF) is a form that is provided by the department for insurers who are
making the filings specified in subsection (c)(6) of this section. This form
may be obtained from the TDI website at www.tdi.state.tx.us.
(e)
Alternative transmittal forms. An insurer may use, as an
alternative, a transmittal form published by the National Association of Insurance
Commissioners (NAIC) or any other transmittal form if the information included
in the transmittal form, or in an addendum to the transmittal form, contains
all the information required under subsection (c) of this section.
(f)
The department maintains the Filings Made Easy guide to
assist insurers in submitting filings and complying with statutory requirements.
This guide may be obtained from the TDI website at www.tdi.state.tx.us.
(g)
Filings under Divisions 4, 5, 6, 7, 8, and 9 of this subchapter
must be submitted to the Texas Department of Insurance, Property & Casualty
Intake Unit, 333 Guadalupe, Austin, Texas 78701 or to the Texas Department
of Insurance, Property & Casualty Intake Unit, Mail Code 104-3B, P.O.
Box 149104, Austin, Texas 78714-9104.
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 January 21, 2005.
TRD-200500279
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 10, 2005
Proposal publication date: October 29, 2004
For further information, please call: (512) 463-6327
28 TAC §5.9320
The new section is adopted under Insurance Code Articles 5.06,
5.13, 5.13-2, 5.13-2C, 5.35, 5.41-3, 5.55, 5.57, 5.145, 21.49-2U, 21.50 and §36.001
and §38.002. SB 14, as enacted by the 78th Legislature, Regular Session
2003, amended various provisions of Chapter 5 of the Insurance Code, added
Chapter 21.49-2U relating to the use of credit scoring, and added §38.002
relating to underwriting guidelines for personal automobile and residential
property insurance. Article 5.13(e) provides that the regulatory power conferred
in this article is vested in the commissioner. Article 5.13-2 gives the commissioner
authority to regulate policy forms, endorsements, and rates for the writing
of insurance subject to this article. Article 5.13-2, §5(a) and (a-1)
provide that insurers shall file with the commissioner all rates, applicable
rating manuals, supplementary rating information, and additional information
as required by the commissioner for risks written in this state and that the
commissioner by rule shall determine the information required to be provided
in the filing. Article 5.13-2, §13(f) provides that county mutual insurance
companies that have a group market share of less than 3.5 percent and that
issue personal auto policies only at nonstandard rates are subject to rate
filing requirements as determined by the commissioner by rule. Article 5.13-2C
provides that a residential property insurer that meets certain criteria related
to writing more than fifty percent of its policies in underserved areas and
servicing low value homes are exempt from the rate filing and approval requirements
of Articles 5.142 and 5.13-2. Article 5.41-3, which concerns the writing of
commercial group property insurance, provides the requirements for forming
a group or association that would be eligible to be written on a commercial
group property policy, the form filing and rate filing requirements for such
group policies, and that an insurer shall file related information that clearly
identifies the group of businesses or the association to be insured. Article
5.55 provides rate standards and rate filing requirements for workers' compensation
insurance. Article 5.57 requires the commissioner to prescribe a uniform policy
form for workers' compensation insurance, and provides that an insurance company
may not use a form other than one prescribed unless the form is an endorsement
appropriate to the company's plan of operation and submitted to and approved
by the department. Article 5.145, §2 provides that notwithstanding any
other provision of the Insurance Code and except as provided in this section,
an insurer is governed by the provisions of §8 of Article 5.13-2 relating
to policy forms and endorsements for personal automobile and residential property
insurance, but that an insurer may continue to use the policy forms and endorsements
promulgated, approved, or adopted under Articles 5.06 and 5.35 upon notification
to the commissioner in writing. Articles 5.06 and 5.35 set forth filing and
approval procedures for motor vehicle insurance and residential property insurance
previously not subject to Article 5.13-2. Article 5.145 provides that the
commissioner may adopt reasonable and necessary rules to implement this article
relating to policy forms for personal and residential property insurance.
Article 21.49-2U, relating to the use of credit scoring, provides that the
commissioner may adopt rules as necessary to implement this article. Article
21.50 provides the form and rate regulation provisions for mortgage guaranty
insurance. Section 38.002 provides that each insurer, as defined, engaged
in the business of personal automobile or residential property insurance in
this state shall file with the department a copy of the insurer's underwriting
guidelines. Section 36.001 provides that the Commissioner of Insurance may
adopt any rules necessary and appropriate to implement the powers and duties
of the Texas Department of Insurance under the Insurance Code and other laws
of this state.
§5.9320.Required Information for the Preparation and Submission of Policy Form, Endorsement, or Manual Rule (other than rating manual) Filings.
(a)
Purpose. The purpose of this section is to specify the
filing requirements for property and casualty policy form, endorsement, and
manual rule filings that are submitted pursuant to Chapter 5 or Article 21.50
of the Texas Insurance Code.
(b)
Definitions. The definitions set forth in §5.9310
of this title (relating to Property and Casualty Filing Transmittal Form)
apply to this division.
(c)
Policy forms and endorsements. All insurer and advisory
organization policy form and endorsement filings submitted pursuant to Chapter
5 or Article 21.50 of the Texas Insurance Code, shall comply with the general
filing requirements, other applicable requirements set forth in paragraphs
(1) - (3) of this subsection, and any other applicable rules adopted by the
commissioner.
(1)
General filing requirements.
(A)
All filings for new and amended policy forms or endorsements
shall relate to only one line of insurance except for multi-peril, dual and
interline filings.
(B)
All filings for new and amended policy forms or endorsements
shall contain the following:
(i)
a filing transmittal form as required in Division 4 of
this subchapter (relating to Filings Made Easy--Filing Transmittal Form and
Requirements for Property and Casualty Form, Rate, Rule, Underwriting Guideline,
and Credit Scoring Model Filings).
(ii)
a copy of the proposed policy form(s) and/or endorsement(s);
and
(iii)
an explanatory memorandum that contains a detailed explanation
of the reason(s) for filing the new or revised policy form(s) and/or endorsement(s)
or manual rule(s), a description of the policy form(s) or endorsement(s),
and the application (e.g., the type of risk or risks the form(s) or endorsement(s)
will be used with).
(2)
Additional filing requirements.
(A)
Additional filing requirements specific to new policy forms
or endorsements for use with new products. If the explanatory memorandum required
under paragraph (1)(B)(iii) of this subsection does not fully explain or describe
the filed policy form(s) or endorsement(s), the department may request either:
(i)
a summary of all policy provisions that includes a detailed
description and explanation of the coverages, limitations, exclusions and
conditions; or
(ii)
a coverage comparison to a similar policy form or endorsement
that has been previously approved or adopted by the commissioner containing
a detailed explanation of all the differences including any restrictions in
coverage, enhancements in coverage, or clarifications to the previously approved
policy form(s) or endorsement(s).
(B)
Additional filing requirements specific to amending previously
approved or adopted policy forms or endorsements. In addition to the general
requirements outlined in paragraph (1) of this subsection, the filing shall
include a coverage evaluation that contains a detailed explanation of the
proposed changes including any restrictions in coverage, enhancements in coverage,
or clarifications to the previously approved or adopted policy form(s) or
endorsement(s). The additional requirements under this subsection may be provided
in the explanatory memorandum required under paragraph (1)(B)(iii) of this
subsection or by providing:
(i)
a side-by-side comparison showing any differences between
the previously approved or adopted policy form(s) or endorsement(s) and the
proposed policy form(s) or endorsement(s); or
(ii)
a copy of the previously approved or adopted policy form(s)
or endorsement(s) indicating the differences between the approved or adopted
policy form(s) or endorsement(s) and the filed policy form(s) or endorsement(s)
with the new language underlined and the deleted language in brackets with
a strikethrough, or other clearly identified or highlighted editorial notations
referencing the new and replaced language.
(3)
Statutory and regulatory filing requirements.
(A)
Filings for new and amended policy form(s) and/or endorsement(s)
shall include all provisions required by statute, administrative rule, or
commissioner's order for a specific line of insurance. The required statutory
or administrative rule provisions may be added to a policy form by a Texas
amendatory endorsement. The amendatory endorsement shall be included in the
filing or a filing may reference an approved amendatory endorsement that is
applicable to the policy form(s) contained in the filing.
(B)
All policy forms and endorsements contained in personal
automobile and residential property insurance filings shall meet the statutory
requirements for plain language in policies as set forth by the Commissioner
of Insurance by order.
(d)
Filing requirements for manual rules. Manual rules are
rules other than rating rules that may be filed with policy form(s) or endorsement(s)
or may be submitted separately. When submitted separately, in addition to
the transmittal form, the manual rule filing shall relate to only one line
of insurance except for multi-peril, dual and interline filings, and include
an explanatory memorandum as described in subsection (c)(1)(B)(iii) of this
section.
(e)
Filing requirements for reference filings. A filing may
be made referencing approved or accepted policy form(s), endorsement(s), or
manual rule(s) without including a copy of the referenced policy form(s),
endorsement(s) or manual rule(s). All reference filings shall relate to only
one line of insurance except for dual filings, interline filings, and multi-peril
filings. In addition to the transmittal form, a reference filing must include
the following information for policy form(s), endorsement(s), or manual rule(s):
(1)
name of insurance company or advisory organization whose
filing is being referenced; and
(2)
TDI file number, link number, or reference number of the
filing being referenced.
(f)
Incomplete filing.
(1)
a filing will be considered incomplete if the filing does
not comply with the filing requirements contained in subsections (c), (d)
and (e) of this section;
(2)
a filing that is determined to be incomplete by the department
will be returned to the filer with a letter or electronic notification, indicating
the reason(s) for the filing being returned; and
(3)
the deemer period does not commence until a complete filing
is received by the department.
(g)
Combining filings. Filings under this division may be combined
with filings made in accordance with Division 6 or 9 of this subchapter (relating
to Filings Made Easy--Rate and Rate Manual Filing Requirements and Reduced
Filing Requirements for Certain Insurers). These combined filings may utilize
a single transmittal form. Filings under this division may not be combined
with filings made in accordance with Division 7 or 8 of this subchapter (relating
to Filings Made Easy--Underwriting Guideline Filing Requirements for Personal
Automobile and Residential Property Insurance and Filings Made Easy--Credit
Scoring Models Filing Requirements for Personal Insurance) due to distinct
and separate statutes governing underwriting guidelines and credit scoring
models.
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 January 21, 2005.
TRD-200500280
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 10, 2005
Proposal publication date: October 29, 2004
For further information, please call: (512) 463-6327
28 TAC §§5.9330 - 5.9332
The new sections are adopted under Insurance Code Articles
5.06, 5.13, 5.13-2, 5.13-2C, 5.35, 5.41-3, 5.55, 5.57, 5.145, 21.49-2U, 21.50
and §36.001 and §38.002. SB 14, as enacted by the 78th Legislature,
Regular Session 2003, amended various provisions of Chapter 5 of the Insurance
Code, added Chapter 21.49-2U relating to the use of credit scoring, and added §38.002
relating to underwriting guidelines for personal automobile and residential
property insurance. Article 5.13(e) provides that the regulatory power conferred
in this article is vested in the commissioner. Article 5.13-2 gives the commissioner
authority to regulate policy forms, endorsements, and rates for the writing
of insurance subject to this article. Article 5.13-2, §5(a) and (a-1)
provide that insurers shall file with the commissioner all rates, applicable
rating manuals, supplementary rating information, and additional information
as required by the commissioner for risks written in this state and that the
commissioner by rule shall determine the information required to be provided
in the filing. Article 5.13-2, §13(f) provides that county mutual insurance
companies that have a group market share of less than 3.5 percent and that
issue personal auto policies only at nonstandard rates are subject to rate
filing requirements as determined by the commissioner by rule. Article 5.13-2C
provides that a residential property insurer that meets certain criteria related
to writing more than fifty percent of its policies in underserved areas and
servicing low value homes are exempt from the rate filing and approval requirements
of Articles 5.142 and 5.13-2. Article 5.41-3, which concerns the writing of
commercial group property insurance, provides the requirements for forming
a group or association that would be eligible to be written on a commercial
group property policy, the form filing and rate filing requirements for such
group policies, and that an insurer shall file related information that clearly
identifies the group of businesses or the association to be insured. Article
5.55 provides rate standards and rate filing requirements for workers' compensation
insurance. Article 5.57 requires the commissioner to prescribe a uniform policy
form for workers' compensation insurance, and provides that an insurance company
may not use a form other than one prescribed unless the form is an endorsement
appropriate to the company's plan of operation and submitted to and approved
by the department. Article 5.145, §2 provides that notwithstanding any
other provision of the Insurance Code and except as provided in this section,
an insurer is governed by the provisions of §8 of Article 5.13-2 relating
to policy forms and endorsements for personal automobile and residential property
insurance, but that an insurer may continue to use the policy forms and endorsements
promulgated, approved, or adopted under Articles 5.06 and 5.35 upon notification
to the commissioner in writing. Articles 5.06 and 5.35 set forth filing and
approval procedures for motor vehicle insurance and residential property insurance
previously not subject to Article 5.13-2. Article 5.145 provides that the
commissioner may adopt reasonable and necessary rules to implement this article
relating to policy forms for personal and residential property insurance.
Article 21.49-2U, relating to the use of credit scoring, provides that the
commissioner may adopt rules as necessary to implement this article. Article
21.50 provides the form and rate regulation provisions for mortgage guaranty
insurance. Section 38.002 provides that each insurer, as defined, engaged
in the business of personal automobile or residential property insurance in
this state shall file with the department a copy of the insurer's underwriting
guidelines. Section 36.001 provides that the Commissioner of Insurance may
adopt any rules necessary and appropriate to implement the powers and duties
of the Texas Department of Insurance under the Insurance Code and other laws
of this state.
§5.9332.Filing Requirements.
(a)
An insurer shall keep the following information current
with the department and is not required to re-file unless affected by the
proposed filing or requested by the department or commissioner:
(1)
All prospective loss cost multipliers, rates, and rating
manuals as required by Insurance Code Articles 5.13-2, 5.41-3, 5.55, 5.171,
21.49-2U, 21.50 or other articles that impose specific filing requirements
for any line of insurance;
(2)
Supplementary rating information; and
(3)
Information concerning all policy fees, service fees, and
other fees that are charged or collected by an insurer under Insurance Code
Article 21.35A or 21.35B.
(b)
For rates filed pursuant to Insurance Code Article 5.13-2
or 5.41-3, a filing containing rate information must contain the information
described in paragraphs (1) - (3) of this subsection:
(1)
A filing transmittal form as required in Division 4 of
this subchapter (relating to Filings Made Easy--Filing Transmittal Form and
Requirements for Property and Casualty Form, Rate, Rule, Underwriting Guideline,
and Credit Scoring Model Filings).
(2)
The filing memorandum briefly explaining the purpose of
the filing, and all material background details relating to the filing including
a statement on the overall impact of the filing. For example, a filing memorandum
may include one or more of the following, as applicable:
(A)
reasons for entry into a new market;
(B)
reasons for offering additional coverages;
(C)
reasons for offering new discounts or applying new surcharges;
(D)
reasons for changing rates;
(E)
changes in the insurer's goals and objectives; or
(F)
an explanation of changes in insurer or insurer group operations.
(3)
Rating information can be any rate pages detailing information
described in subsection (a) of this section or any supporting information
required by §5.9941 or §5.9960 of this title (relating to Differences
in Rates Charged Due Solely to Difference in Credit Scores and Exception to
Territory Rating Requirements under Insurance Code Article 5.171) or any other
applicable statute or rule.
(4)
In accordance with Article 5.41-3, insurers filing commercial
group property rates shall clearly identify the group of businesses or the
association to be insured.
(c)
For rates filed pursuant to Insurance Code Article 5.55,
a filing containing rating information must contain the information described
in paragraphs (1) - (3) of subsection (b) of this section. An insurer may
not make such filing more frequently than every six months in accordance with
Insurance Code Article 5.55, §3(a).
(d)
For rates filed pursuant to Insurance Code Article 21.50,
a filing containing rating information must contain the information described
in paragraphs (1) - (3) of subsection (b) of this section. In accordance with
Article 21.50 rates must be filed at least 15 days before they are to become
effective and must include a certification as described in Article 21.50, §1A(g)(4).
(e)
Except as provided in Division 9 of this subchapter (relating
to Filings Made Easy--Reduced Filing Requirements for Certain Insurers), insurers
must provide supporting information as necessary for the department to establish
that a filing produces rates which are adequate, not excessive or unfairly
discriminatory for the risks to which they apply. Categories of supporting
information are listed in paragraphs (1) - (7) of this subsection, but are
not necessarily required for every rate filing. Insurers must only provide
sufficient materials to justify specific rates or changes being proposed.
To the extent the information originally submitted in a rate filing is insufficient,
the department may request additional information as deemed necessary by the
department or commissioner.
(1)
Actuarial support. Actuarial support generally includes
rate indications and support, including the data and methodologies utilized
by the insurer to derive such indications. Supporting information that is
submitted with a filing should include each of the following to the extent
applicable:
(A)
premiums at current rate level and applicable on-level
factors;
(B)
incurred and paid losses;
(C)
loss and claim development factors;
(D)
premium and loss trend factors;
(E)
rate relativities (e.g., classification, territory, amount
of insurance);
(F)
increased limits factors;
(G)
hurricane and non-hurricane catastrophe factors or loss
provisions;
(H)
definition of a catastrophe and how it has changed over
the experience period used to calculate the provisions;
(I)
deductible credits and debits;
(J)
description and support for discounts and surcharges;
(K)
off-balance factors if there have been changes in relativities
(e.g., discounts, surcharges, territorial definitions);
(L)
credibility;
(M)
expense and profit provisions; and
(N)
contingency provisions.
(2)
Projected and historical expense information. As applicable
to the insurer's filing, the information set out in subparagraphs (A) - (C)
of this paragraph should be filed. For Texas, and if applicable, country-wide
experience, the insurer should provide projected and historical expense information.
The loss adjustment expenses would be shown as a dollar amount as well as
a ratio to incurred losses. All other expenses should be shown as a dollar
amount as well as a ratio to direct written premium. All expense items should
be on a direct basis.
(A)
Three years of historical Texas experience for commission
and brokerage expenses incurred; taxes, licenses, and fees incurred; losses
incurred; and, defense and cost containment expenses incurred. These shall
be the amounts, or a subset of the amounts, reported on the Exhibit of Premiums
and Losses (Statutory Page 14 Data) in the insurer's Annual Statement.
(B)
Three years of historical countrywide experience for commission
and brokerage expenses incurred, other acquisition expenses incurred, general
expenses incurred, losses incurred, defense and cost containment expenses
incurred and adjusting and other loss adjustment expenses incurred. These
shall be the amounts reported in the insurer's Insurance Expense Exhibit,
Part III (IEE) in the insurer's Annual Statement.
(C)
Three years of historical countrywide experience for each
category of disallowed expenses shall be the amounts reported in the insurers'
response to the annual Texas Department of Insurance Call for Disallowed Expense
Data. Total other acquisition expenses and general expenses each adjusted
for disallowed expenses should be listed. The total adjusted general expense
percentage should reflect any necessary adjustment due to the capping of general
expenses at 110% of the industry median for the line of insurance.
(D)
To the extent the expense provisions that underlie the
rates differ from the historical expenses, support should be provided. For
filings submitted under Insurance Code Article 5.13-2, the expense provisions
should be net of the disallowed expenses as defined in §5.9331 of this
division (relating to Definitions). Provisions for commissions and brokerage
expenses; other acquisition expenses; general expenses; taxes, licenses and
fees; and profit and contingencies, should be displayed and a sum computed.
In addition, a permissible loss and loss adjustment expense ratio shall be
computed as unity less the sum of these expense provisions.
(3)
Historical experience information. This displays an insurer's
most recent five year historical experience for Texas which are the amounts,
or a subset of the amounts pertinent to the subline, reported on the Exhibit
of Premiums and Losses (Statutory Page 14 Data) in the insurer's Annual Statement.
It also includes the most recent five year countrywide experience which are
the amounts, or a subset of the amounts pertinent to the subline, reported
on the insurer's IEE, part III. Direct premiums written, direct premiums earned,
direct losses and defense and cost containment expenses paid, and direct losses
and defense and cost containment expenses incurred are shown as well as the
ratio of the incurred loss and defense and cost containment expenses incurred
to direct earned premiums, for both Texas and countrywide experience.
(4)
Profit provision information. A brief description of the
methodology and assumptions used to arrive at the profit provisions underlying
the proposed rates.
(5)
Rate change information. This generally includes a rate
change history, the statewide average proposed rate change for each applicable
coverage, form, or classification and the total average rate change for all
coverages, forms, and classifications combined, even if only the rates for
some of the coverages or forms are being changed. For loss cost reference
filings, rate change information would include the proposed percentage change
in the underlying loss costs, the change in the insurer's loss cost multiplier,
and the rate level change (i.e., the product of the change in the loss costs
and the loss cost multipliers, expressed as a factor). For workers' compensation
filings, change information would include the impact of the change in relativities
if the filing includes adopting a new set of relativities using either the
insurer's own class distribution or the industry wide distribution, the change
in the insurer's deviation, and the rate level change (i.e., the product of
the change in the relativities and the deviation, expressed as a factor).
(6)
Loss cost reference information. This includes the following:
(A)
The TDI file number, link number, or reference number of
the loss costs being referenced;
(B)
The derivation of the loss cost multiplier proposed including
any loss cost modification factor and the following expense and profit provisions:
(i)
commission and brokerage expenses;
(ii)
other acquisition expenses;
(iii)
general expenses;
(iv)
taxes, licenses and fees; and
(v)
underwriting profit and contingencies;
(C)
The loss cost multiplier to be used as of the effective
date of the filing; and
(D)
For rate change filings, the loss cost multiplier used
immediately prior to the effective date of the filing, and the effective rate
level change due to any change in loss cost multiplier.
(7)
Rate reference information. Rate reference information
includes:
(A)
A description of the rates being referenced including the
line of business and TDI file number or link number;
(B)
If an insurer is developing package modification factors,
proposed modification factors and supporting data; and
(C)
If an insurer is referencing package modification factors,
a description of the package modification factor including a TDI file number
or link number.
(f)
Any filings that do not fully comply with all of the filing
requirements described in this division may be considered incomplete and may
be returned to the filer for completion with a notice stating that the filing
is not complete and shall identify the additional information that is required
for completion of the filing.
(g)
The department may request additional information as necessary
related to a rate filing, including actuarial or other reasonable support
of rates as deemed necessary by the department or commissioner.
(h)
Filings under this division may be combined with filings
made in accordance with Division 5 of this subchapter (relating to Filings
Made Easy--Requirements for Property and Casualty Policy Form, Endorsement,
and Manual Rule Filings). These combined filings may utilize a single transmittal
form. Filings under this division may not be combined with filings made in
accordance with Division 7 or 8 of this subchapter (relating to Filings Made
Easy--Underwriting Guideline Filing Requirements for Personal Automobile and
Residential Property Insurance and Filings Made Easy--Credit Scoring Models
Filing Requirements for Personal Insurance) due to distinct and separate statutes
governing underwriting guidelines and credit scoring models.
(i)
The department maintains the Filings Made Easy guide to
assist insurers with compliance of statutory requirements. Insurers may refer
to the Filings Made Easy guide for rate filing forms that insurers may use
to display necessary supporting information described in subsection (e) of
this section. This guide may be obtained from the TDI website at www.tdi.state.tx.us.
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 January 21, 2005.
TRD-200500281
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 10, 2005
Proposal publication date: October 29, 2004
For further information, please call: (512) 463-6327
28 TAC §§5.9340 - 5.9342
The new sections are adopted under Insurance Code Articles
5.06, 5.13, 5.13-2, 5.13-2C, 5.35, 5.41-3, 5.55, 5.57, 5.145, 21.49-2U, 21.50
and §36.001 and §38.002. SB 14, as enacted by the 78th Legislature,
Regular Session 2003, amended various provisions of Chapter 5 of the Insurance
Code, added Chapter 21.49-2U relating to the use of credit scoring, and added §38.002
relating to underwriting guidelines for personal automobile and residential
property insurance. Article 5.13(e) provides that the regulatory power conferred
in this article is vested in the commissioner. Article 5.13-2 gives the commissioner
authority to regulate policy forms, endorsements, and rates for the writing
of insurance subject to this article. Article 5.13-2, §5(a) and (a-1)
provide that insurers shall file with the commissioner all rates, applicable
rating manuals, supplementary rating information, and additional information
as required by the commissioner for risks written in this state and that the
commissioner by rule shall determine the information required to be provided
in the filing. Article 5.13-2, §13(f) provides that county mutual insurance
companies that have a group market share of less than 3.5 percent and that
issue personal auto policies only at nonstandard rates are subject to rate
filing requirements as determined by the commissioner by rule. Article 5.13-2C
provides that a residential property insurer that meets certain criteria related
to writing more than fifty percent of its policies in underserved areas and
servicing low value homes are exempt from the rate filing and approval requirements
of Articles 5.142 and 5.13-2. Article 5.41-3, which concerns the writing of
commercial group property insurance, provides the requirements for forming
a group or association that would be eligible to be written on a commercial
group property policy, the form filing and rate filing requirements for such
group policies, and that an insurer shall file related information that clearly
identifies the group of businesses or the association to be insured. Article
5.55 provides rate standards and rate filing requirements for workers' compensation
insurance. Article 5.57 requires the commissioner to prescribe a uniform policy
form for workers' compensation insurance, and provides that an insurance company
may not use a form other than one prescribed unless the form is an endorsement
appropriate to the company's plan of operation and submitted to and approved
by the department. Article 5.145, §2 provides that notwithstanding any
other provision of the Insurance Code and except as provided in this section,
an insurer is governed by the provisions of §8 of Article 5.13-2 relating
to policy forms and endorsements for personal automobile and residential property
insurance, but that an insurer may continue to use the policy forms and endorsements
promulgated, approved, or adopted under Articles 5.06 and 5.35 upon notification
to the commissioner in writing. Articles 5.06 and 5.35 set forth filing and
approval procedures for motor vehicle insurance and residential property insurance
previously not subject to Article 5.13-2. Article 5.145 provides that the
commissioner may adopt reasonable and necessary rules to implement this article
relating to policy forms for personal and residential property insurance.
Article 21.49-2U, relating to the use of credit scoring, provides that the
commissioner may adopt rules as necessary to implement this article. Article
21.50 provides the form and rate regulation provisions for mortgage guaranty
insurance. Section 38.002 provides that each insurer, as defined, engaged
in the business of personal automobile or residential property insurance in
this state shall file with the department a copy of the insurer's underwriting
guidelines. Section 36.001 provides that the Commissioner of Insurance may
adopt any rules necessary and appropriate to implement the powers and duties
of the Texas Department of Insurance under the Insurance Code and other laws
of this state.
§5.9342.Filing Requirements.
(a)
An insurer must file with the department:
(1)
at least once every three calendar years on or before March
1, beginning March 1, 2004, a written, comprehensive set of each underwriting
guideline used by the insurer or the insurer's agent; and
(2)
not later than the 10th day after the underwriting guideline
has changed, a written update to the underwriting guideline clearly identifying
each section of the previously filed underwriting guideline that has changed.
(b)
For purposes of compliance with this section, an oral or
electronic underwriting guideline must be converted to written form.
(c)
An insurer group or group of affiliated insurers may file
one set of underwriting guidelines or update to underwriting guidelines on
behalf of individual insurers in the group in accordance with the requirements
of this section if the group clearly identifies which underwriting guidelines
apply to each insurer within the group
(d)
An insurer that files underwriting guidelines or updates
to underwriting guidelines under this section must submit a filing transmittal
form as required by Division 4 of this subchapter (relating to Filings Made
Easy--Filing Transmittal Form and Requirements for Property and Casualty Form,
Rate, Rule, Underwriting Guideline, and Credit Scoring Model Filings) with
the filing for each underwriting guideline and update.
(e)
Filings under this division may not be combined with filings
made in accordance with Division 5, 6 or 8 of this subchapter (relating to
Filings Made Easy--Requirements for Property and Casualty Policy Form, Endorsement,
and Manual Rule Filings, Filings Made Easy--Rate and Rate Manual Filing Requirements,
and Filings Made Easy--Credit Scoring Models Filing Requirements for Personal
Insurance) due to distinct and separate statutes governing underwriting guidelines
and credit scoring models.
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 January 21, 2005.
TRD-200500282
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 10, 2005
Proposal publication date: October 29, 2004
For further information, please call: (512) 463-6327
28 TAC §§5.9350 - 5.9352
The new sections are adopted under Insurance Code Articles
5.06, 5.13, 5.13-2, 5.13-2C, 5.35, 5.41-3, 5.55, 5.57, 5.145, 21.49-2U, 21.50
and §36.001 and §38.002. SB 14, as enacted by the 78th Legislature,
Regular Session 2003, amended various provisions of Chapter 5 of the Insurance
Code, added Chapter 21.49-2U relating to the use of credit scoring, and added §38.002
relating to underwriting guidelines for personal automobile and residential
property insurance. Article 5.13(e) provides that the regulatory power conferred
in this article is vested in the commissioner. Article 5.13-2 gives the commissioner
authority to regulate policy forms, endorsements, and rates for the writing
of insurance subject to this article. Article 5.13-2, §5(a) and (a-1)
provide that insurers shall file with the commissioner all rates, applicable
rating manuals, supplementary rating information, and additional information
as required by the commissioner for risks written in this state and that the
commissioner by rule shall determine the information required to be provided
in the filing. Article 5.13-2, §13(f) provides that county mutual insurance
companies that have a group market share of less than 3.5 percent and that
issue personal auto policies only at nonstandard rates are subject to rate
filing requirements as determined by the commissioner by rule. Article 5.13-2C
provides that a residential property insurer that meets certain criteria related
to writing more than fifty percent of its policies in underserved areas and
servicing low value homes are exempt from the rate filing and approval requirements
of Articles 5.142 and 5.13-2. Article 5.41-3, which concerns the writing of
commercial group property insurance, provides the requirements for forming
a group or association that would be eligible to be written on a commercial
group property policy, the form filing and rate filing requirements for such
group policies, and that an insurer shall file related information that clearly
identifies the group of businesses or the association to be insured. Article
5.55 provides rate standards and rate filing requirements for workers' compensation
insurance. Article 5.57 requires the commissioner to prescribe a uniform policy
form for workers' compensation insurance, and provides that an insurance company
may not use a form other than one prescribed unless the form is an endorsement
appropriate to the company's plan of operation and submitted to and approved
by the department. Article 5.145, §2 provides that notwithstanding any
other provision of the Insurance Code and except as provided in this section,
an insurer is governed by the provisions of §8 of Article 5.13-2 relating
to policy forms and endorsements for personal automobile and residential property
insurance, but that an insurer may continue to use the policy forms and endorsements
promulgated, approved, or adopted under Articles 5.06 and 5.35 upon notification
to the commissioner in writing. Articles 5.06 and 5.35 set forth filing and
approval procedures for motor vehicle insurance and residential property insurance
previously not subject to Article 5.13-2. Article 5.145 provides that the
commissioner may adopt reasonable and necessary rules to implement this article
relating to policy forms for personal and residential property insurance.
Article 21.49-2U, relating to the use of credit scoring, provides that the
commissioner may adopt rules as necessary to implement this article. Article
21.50 provides the form and rate regulation provisions for mortgage guaranty
insurance. Section 38.002 provides that each insurer, as defined, engaged
in the business of personal automobile or residential property insurance in
this state shall file with the department a copy of the insurer's underwriting
guidelines. Section 36.001 provides that the Commissioner of Insurance may
adopt any rules necessary and appropriate to implement the powers and duties
of the Texas Department of Insurance under the Insurance Code and other laws
of this state.
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 January 21, 2005.
TRD-200500283
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 10, 2005
Proposal publication date: October 29, 2004
For further information, please call: (512) 463-6327
28 TAC §§5.9355 - 5.9357
The new sections are adopted under Insurance Code Articles
5.06, 5.13, 5.13-2, 5.13-2C, 5.35, 5.41-3, 5.55, 5.57, 5.145, 21.49-2U, 21.50
and §36.001 and §38.002. SB 14, as enacted by the 78th Legislature,
Regular Session 2003, amended various provisions of Chapter 5 of the Insurance
Code, added Chapter 21.49-2U relating to the use of credit scoring, and added §38.002
relating to underwriting guidelines for personal automobile and residential
property insurance. Article 5.13(e) provides that the regulatory power conferred
in this article is vested in the commissioner. Article 5.13-2 gives the commissioner
authority to regulate policy forms, endorsements, and rates for the writing
of insurance subject to this article. Article 5.13-2, §5(a) and (a-1)
provide that insurers shall file with the commissioner all rates, applicable
rating manuals, supplementary rating information, and additional information
as required by the commissioner for risks written in this state and that the
commissioner by rule shall determine the information required to be provided
in the filing. Article 5.13-2, §13(f) provides that county mutual insurance
companies that have a group market share of less than 3.5 percent and that
issue personal auto policies only at nonstandard rates are subject to rate
filing requirements as determined by the commissioner by rule. Article 5.13-2C
provides that a residential property insurer that meets certain criteria related
to writing more than fifty percent of its policies in underserved areas and
servicing low value homes are exempt from the rate filing and approval requirements
of Articles 5.142 and 5.13-2. Article 5.41-3, which concerns the writing of
commercial group property insurance, provides the requirements for forming
a group or association that would be eligible to be written on a commercial
group property policy, the form filing and rate filing requirements for such
group policies, and that an insurer shall file related information that clearly
identifies the group of businesses or the association to be insured. Article
5.55 provides rate standards and rate filing requirements for workers' compensation
insurance. Article 5.57 requires the commissioner to prescribe a uniform policy
form for workers’ compensation insurance, and provides that an insurance
company may not use a form other than one prescribed unless the form is an
endorsement appropriate to the company's plan of operation and submitted to
and approved by the department. Article 5.145, §2 provides that notwithstanding
any other provision of the Insurance Code and except as provided in this section,
an insurer is governed by the provisions of §8 of Article 5.13-2 relating
to policy forms and endorsements for personal automobile and residential property
insurance, but that an insurer may continue to use the policy forms and endorsements
promulgated, approved, or adopted under Articles 5.06 and 5.35 upon notification
to the commissioner in writing. Articles 5.06 and 5.35 set forth filing and
approval procedures for motor vehicle insurance and residential property insurance
previously not subject to Article 5.13-2. Article 5.145 provides that the
commissioner may adopt reasonable and necessary rules to implement this article
relating to policy forms for personal and residential property insurance.
Article 21.49-2U, relating to the use of credit scoring, provides that the
commissioner may adopt rules as necessary to implement this article. Article
21.50 provides the form and rate regulation provisions for mortgage guaranty
insurance. Section 38.002 provides that each insurer, as defined, engaged
in the business of personal automobile or residential property insurance in
this state shall file with the department a copy of the insurer's underwriting
guidelines. Section 36.001 provides that the Commissioner of Insurance may
adopt any rules necessary and appropriate to implement the powers and duties
of the Texas Department of Insurance under the Insurance Code and other laws
of this state.
§5.9357.Filing Requirements.
(a)
Non-standard personal automobile insurance. Insurers required
to file under the provisions of Insurance Code Article 5.13-2 may make rate
filings for personal automobile according to the requirements described in
this subsection if they issue policies only at non-standard rates as defined
under Article 5.13-2, §13 and if the insurer and the insurer's affiliated
companies or group have a market share of less than 3.5 percent.
(1)
Insurers who qualify to file under this subsection shall
file in accordance with Division 6 of this subchapter (relating to Filings
Made Easy--Rate and Rate Manual Filing Requirements) with the following exceptions:
(A)
Insurers must include a Certification of Article 5.13-2, §13
Exemption Compliance (EC-2) with each filing, or in lieu of submitting the
EC-2, an insurer may submit a certification of compliance which certifies
that the insurer writes only at non-standard rates and the market share of
the insurer and the insurer's affiliated companies or group have a market
share of less than 3.5 percent.
(B)
In lieu of the supporting information required in §5.9332(e)
of this subchapter (relating to Filing Requirements), insurers may substitute
rate change information as described in §5.9332(e)(5) of this subchapter.
(2)
The Certification of Article 5.13-2, §13 Exemption
Compliance (EC-2) form is provided by the department for use by insurers seeking
an exemption from rate fling and approval requirements pursuant to Article
5.13-2, §13. This form may be obtained from the Texas Department of Insurance
website http://www.tdi.state.tx.us or by requesting such form from the Property
and Casualty Actuarial Division, Mail Code 105-5F, P.O. Box 149104, Austin,
TX 78714-9104.
(b)
Underserved residential property. In accordance with Article
5.13-2C, §3(b) insurers otherwise exempt from the rate filing requirements
of Insurance Code Article 5.13-2, shall make rate filings in accordance with
this subsection. Insurers who qualify to file under this subsection shall
file as required in §5.9332(a) - (b) of this subchapter (relating to
Filings Made Easy--Rate and Rate Manual Filing Requirements) and must:
(1)
include a Certification of Article 5.13-2C Exemption Compliance
(EC-1) as specified in §5.3702 of this chapter (relating to Designation
of Underserved Areas for Residential Property Insurance for Purposes of the
Texas Insurance Code Article 5.13-2C).
(2)
submit rate change information when applicable as described
in §5.9332(e)(5) of this subchapter.
(c)
Additional provisions. The following provisions apply to
any rate or rate manual filing made pursuant to subsection (a) or (b) of this
section:
(1)
The reduced filing requirements provided under this division
do not affect the requirements to file supporting data under §5.9941
and §5.9960 of this chapter (relating to Differences in Rates Charged
Due Solely to Difference in Credit Scores and Exception to Territory Rating
Requirements under Insurance Code Article 5.171). Insurers making a rate or
rate manual filing under this division may include supporting data required
under §5.9941 and §5.9960 of this title with the filing made under
this division.
(2)
Any filings that do not fully comply with all of the filing
requirements described in this division may be considered incomplete and may
be returned to the filer for completion with a notice stating that the filing
is not complete and shall identify the additional information that is required
for completion of the filing.
(3)
The department may request additional information related
to a rate filing, including actuarial or other reasonable support of rates,
as deemed necessary by the department or commissioner. The insurer shall respond
by the date specified in the request.
(4)
Filings under this division may be combined with filings
made in accordance with Division 5 of this subchapter (relating to Filings
Made Easy--Requirements for Property and Casualty Policy Form, Endorsement,
and Manual Rule Filings). These combined filings may utilize a single transmittal
form. Filings under this division may not be combined with filings made in
accordance with Division 7 or 8 of this subchapter (relating to Filings Made
Easy--Underwriting Guideline Filing Requirements for Personal Automobile and
Residential Property Insurance and Filings Made Easy--Credit Scoring Models
Filing Requirements for Personal Insurance) due to distinct and separate statutes
governing underwriting guidelines and credit scoring models.
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 January 21, 2005.
TRD-200500284
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 10, 2005
Proposal publication date: October 29, 2004
For further information, please call: (512) 463-6327
The Commissioner of Insurance adopts the repeal of Subchapter C, §§19.201
- 19.204, 19.211, and 19.212, concerning written examination for applicants
for license to write insurance upon any one life in excess of $10,000 under
the Insurance Code Article 21.07, §4A; Subchapter D, §§19.301
- 19.304 and 19.311, concerning written examination for applicants for accident
and health insurance agents license under Article 21.07-1, §16; Subchapter
E, §19.401, concerning licensing of nonresident agents under Article
21.07; and Subchapter F, §19.501, concerning licensing of local recording
agents and solicitors under Article 21.14, §5a. The repeal of these sections
is adopted without changes to the proposal published in the December 3, 2004,
issue of the
Texas Register
(29 TexReg 11255).
Repeal of these sections is necessary because of various legislative changes
that occurred as a result of Senate Bill 414, §§8.01 and 3.01 enacted
by Acts, 2001, 77th Legislature, which make the sections no longer applicable
to insurance agents.
The purpose of this repeal is to delete sections that are no longer necessary.
No comments were received on the proposal.
Subchapter C. WRITTEN EXAMINATION FOR APPLICANTS FOR LICENSE TO WRITE INSURANCE UPON ANY ONE LIFE IN EXCESS OF $10,000 UNDER THE INSURANCE CODE, ARTICLE 21.07, §4A
28 TAC §§19.201 - 19.204, 19.211, 19.212
The repeals are adopted pursuant to the Insurance Code Article
21.01 and §36.001. Article 21.01, §4 provides that the commissioner
may adopt rules as necessary to implement this subchapter and to meet the
minimum requirements of federal law and regulations. Section 36.001 provides
that the Commissioner may adopt any rules necessary and appropriate to implement
the powers and duties of the Texas Department of Insurance under the Insurance
Code and other laws of this state.
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 January 18, 2005.
TRD-200500235
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 7, 2005
Proposal publication date: December 3, 2004
For further information, please call: (512) 463-6327
28 TAC §§19.301 - 19.304, 19.311
The repeals are adopted pursuant to the Insurance Code Article
21.01 and §36.001. Article 21.01, §4 provides that the commissioner
may adopt rules as necessary to implement this subchapter and to meet the
minimum requirements of federal law and regulations. Section 36.001 provides
that the Commissioner may adopt any rules necessary and appropriate to implement
the powers and duties of the Texas Department of Insurance under the Insurance
Code and other laws of this state.
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 January 18, 2005.
TRD-200500236
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 7, 2005
Proposal publication date: December 3, 2004
For further information, please call: (512) 463-6327
28 TAC §19.401
The repeal is adopted pursuant to the Insurance Code Article
21.01 and §36.001. Article 21.01, §4 provides that the commissioner
may adopt rules as necessary to implement this subchapter and to meet the
minimum requirements of federal law and regulations. Section 36.001 provides
that the Commissioner may adopt any rules necessary and appropriate to implement
the powers and duties of the Texas Department of Insurance under the Insurance
Code and other laws of this state.
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 January 18, 2005.
TRD-200500237
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 7, 2005
Proposal publication date: December 3, 2004
For further information, please call: (512) 463-6327
28 TAC §19.501
The repeal is adopted pursuant to the Insurance Code Article
21.01 and §36.001. Article 21.01, §4 provides that the commissioner
may adopt rules as necessary to implement this subchapter and to meet the
minimum requirements of federal law and regulations. Section 36.001 provides
that the Commissioner may adopt any rules necessary and appropriate to implement
the powers and duties of the Texas Department of Insurance under the Insurance
Code and other laws of this state.
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 January 18, 2005.
TRD-200500238
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Effective date: February 7, 2005
Proposal publication date: December 3, 2004
For further information, please call: (512) 463-6327
5.
FILINGS MADE EASY--REQUIREMENTS FOR PROPERTY AND CASUALTY POLICY FORM, ENDORSEMENT, AND MANUAL RULE FILINGS
6.
FILINGS MADE EASY--RATE AND RATE MANUAL FILING REQUIREMENTS
7.
FILINGS MADE EASY--UNDERWRITING GUIDELINE FILING REQUIREMENTS FOR PERSONAL AUTOMOBILE AND RESIDENTIAL PROPERTY INSURANCE
8.
FILINGS MADE EASY--CREDIT SCORING MODELS FILING REQUIREMENTS FOR PERSONAL INSURANCE
9.
FILINGS MADE EASY--REDUCED FILING REQUIREMENTS FOR CERTAIN INSURERS
Chapter 19.
AGENTS' LICENSING
Subchapter D. WRITTEN EXAMINATION FOR APPLICANTS FOR ACCIDENT AND HEALTH INSURANCE AGENTS LICENSE UNDER THE INSURANCE CODE, ARTICLE 21.07-1, §16
Subchapter E. LICENSING OF NONRESIDENT AGENTS UNDER THE INSURANCE CODE, ARTICLE 21.07
Subchapter F. LICENSING OF LOCAL RECORDING AGENTS AND SOLICITORS
Subchapter L. USE OF TESTING SERVICE FOR ADMINISTRATION OF AGENT'S QUALIFYING EXAMINATIONS UNDER THE INSURANCE CODE, ARTICLE 21.01-1