Final Action on Rules
Effective Date: April 13, 2004
EXEMPT FILING NOTIFICATION PURSUANT TO THE INSURANCE CODE CHAPTER 5, SUBCHAPTER
L, ARTICLE 5.96 ADOPTION OF NEW AND/OR ADJUSTED 2002, 2003, and 2004 MODEL
PRIVATE PASSENGER AUTOMOBILE PHYSICAL DAMAGE RATING SYMBOLS FOR THE TEXAS
AUTOMOBILE RULES AND RATING MANUAL
The Commissioner of Insurance adopts amendments proposed by Staff to the
Texas Automobile Rules and Rating Manual (the Manual). The amendments consist
of new and/or adjusted 2002, 2003, and 2004 model Private Passenger Automobile
Physical Damage Rating Symbols and revised identification information. Staff’s
petition (Ref. No. A-1203-26-I) was published in the December 26, 2003, issue
of the
Texas Register
(28 TexReg 11627).
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, 2003, and 2004 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-1203-26-I, which are
incorporated by reference into Commissioner’s Order No. 04-0101.
The Commissioner of Insurance has jurisdiction over this matter pursuant
to Insurance Code Articles 5.10, 5.96, 5.98, and 5.101.
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-200400620
Gene C. Jarmon
General Counsel and Chief Clerk
Texas Department of Insurance
Filed: January 30, 2004