ADOPTED ACTION
EFFECTIVE JUNE 15, 1999
TEXAS DEPARTMENT OF INSURANCE EXEMPT FILING NOTIFICATION PURSUANT TO THE
INSURANCE CODE CHAPTER 5, SUBCHAPTER L, ARTICLE 5.96 ADOPTION OF NEW AND/OR
ADJUSTED 1998 AND 1999 MODEL PRIVATE PASSENGER AUTOMOBILE PHYSICAL DAMAGE
RATING SYMBOLS FOR THE TEXAS AUTOMOBILE RULES AND RATING MANUAL
The Commissioner of Insurance, at a public hearing under Docket Number
2402 held at 9:00 a.m., March 30, 1999 in Room 100 of the William P. Hobby
Jr. State Office Building, 333 Guadalupe Street in Austin, Texas, adopted
amendments proposed by Staff to the Texas Automobile Rules and Rating Manual
(the Manual). The amendments consist of new and/or adjusted 1998 and 1999
model Private Passenger Automobile Physical Damage Rating Symbols and revised
identification information. Staff's petition (Reference Number A-0299-01-I)
was published in the February 26, 1999, issue of the
Texas Register
(24 TexReg 1399).
The new and/or adjusted symbols for the Manual's Symbols and Identification
Section reflect data compiled on damageability, repairability, and other relevant
loss factors for the 1998 and 1999 model years of the listed vehicles.
The amendments as adopted by the Commissioner of Insurance are shown in
exhibits on file with the Chief Clerk under Reference Number A-0299-01-I,
which are incorporated by reference into Commissioner's Order Number 99-0529.
The Commissioner of Insurance has jurisdiction over this matter pursuant
to the Insurance Code, Articles 5.10, 5.96, 5.98, and 5.101. This notification
is made pursuant to the Insurance Code, Article 5.96, which exempts it from
the requirements of the Government Code, Chapter 2001 (Administrative Procedure
Act).
Consistent with the Insurance Code, Article 5.96(h), the Department will
notify all insurers writing automobile insurance of this adoption by letter
summarizing the Commissioner's action.
TRD-9902141
Lynda H. Nesenholtz
General Counsel and Chief Clerk
Texas Department of Insurance
Filed: April 12, 1999