Final Action on Rules
EXEMPT FILING NOTIFICATION PURSUANT TO THE INSURANCE CODE CHAPTER 5, SUBCHAPTER
L, ARTICLE 5.96 ADOPTION OF NEW AND/OR ADJUSTED 2001 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 No. 2484
held at 9:30 a.m., April 26, 2001 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 2001 model Private Passenger
Automobile Physical Damage Rating Symbols and revised identification information.
Staff's petition (Ref. No. A-0301-03-I) was published in the March 23, 2001,
issue of the
Texas Register
(26 TexReg 2409).
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 2001 model year of the listed vehicles.
The amendments as adopted by the Commissioner of Insurance are shown in
exhibits on file with the Chief Clerk under Ref. No. A-0301-03-I, which are
incorporated by reference into Commissioner's Order No. 01-0390.
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.
This agency hereby certifies that the amendments as adopted have been reviewed
by legal counsel and found to be a valid exercise of the agency's authority.
IT IS THEREFORE THE ORDER of the Commissioner of Insurance that the Manual
is amended as described herein, and the amendments are adopted to become effective
on the 60th day after publication of the notification of the Commissioner's
action in the
Texas Register
.
TRD-200102508
Lynda Nesenholtz
General Counsel and Chief Clerk
Texas Department of Insurance
Filed: May 2, 2001