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 2002 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. 2503
held at 9:30 a.m., January 22, 2002 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 2002 model Private Passenger
Automobile Physical Damage Rating Symbols and revised identification information.
Staff's petition (Ref. No. A-1001-17-I) was published in the November 9, 2001,
issue of the
Texas Register
(26 TexReg 9229).
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 2002 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-1001-17-I, which are
incorporated by reference into Commissioner's Order No.02-0099.
The Commissioner of Insurance has jurisdiction over this matter pursuant
to Insurance Code Articles 5.10, 5.96, 5.98, and 5.101.
This notification is made pursuant to Insurance Code Article 5.96, which
exempts it from the requirements of the Government Code, Chapter 2001 (Administrative
Procedure Act).
Consistent with 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.
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-200200612
Lynda H. Nesenholtz
General Counsel and Chief Clerk
Texas Department of Insurance
Filed: January 31, 2002