Proposed Action
The Commissioner of Insurance will hold a public hearing under Docket No.
2485 on May 15, 2001, at 9:30 a.m., in Room 100 of the Texas Department of
Insurance Building, 333 Guadalupe Street in Austin, Texas, to consider a petition
by the staff of the Texas Department of Insurance proposing amendments to
the Texas Statistical Plan for Residential Risks. The proposed changes are
necessary in order to collect experience to support the adjustment of rates
for newly adopted Law & Ordinance endorsements. Staff's petition (Ref.
P-0301-05-I) was filed on March 16, 2001.
The petition proposes amendments to the Texas Statistical Plan for Residential
Risks to add options to an existing field entitled "Law & Ordinance" that
will allow the reporting of the amount of additional coverage purchased by
endorsement.
The Commissioner has jurisdiction of this matter pursuant to the Insurance
Code, Articles 5.96 and 21.69.
Copies of the full text of the staff petition and the proposed amendments
are available for review in the Office of the Chief Clerk of the Texas Department
of Insurance, 333 Guadalupe Street, Austin, Texas, 78714-9104. For further
information or to request copies of the petition and proposed amendments,
please contact Sylvia Gutierrez at (512) 463-6327 (refer to Ref. No. P-0301-05-I).
Comments on the proposed amendments must be submitted in writing within
30 days after publication of the proposal in the
Texas Register
to the Office of the Chief Clerk, P. O. Box 149104,
MC113-2A, Austin, Texas 78714-9104. An additional copy of the comments should
be submitted to C.H. Mah, Senior Associate Commissioner for Property &
Casualty, P. O. Box 149104, MC105-5G, Austin, Texas 78714-9104.
This notification is made pursuant to the Insurance Code, Article 5.96,
which exempts action taken under this article from the requirements of the
Administrative Procedure Act (Government Code, Title 10, ch. 2001).
This agency hereby certifies that the proposed amendments have been reviewed
by legal counsel and found to be within the agency's authority to adopt.
TRD-200101594
Lynda Nesenholtz
General Counsel and Chief Clerk
Texas Department of Insurance
Filed: March 20, 2001