State Codes and Statutes

Statutes > Texas > Insurance-code > Title-10-property-and-casualty-insurance > Chapter-1801-property-and-casualty-insurance-legislative-oversight-committee

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE A. GENERAL PROVISIONS

CHAPTER 1801. PROPERTY AND CASUALTY INSURANCE LEGISLATIVE

OVERSIGHT COMMITTEE

SUBCHAPTER A. GENERAL PROVISIONS

Sec. 1801.001. DEFINITION. In this chapter, "committee" means

the property and casualty insurance legislative oversight

committee.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

SUBCHAPTER B. LEGISLATIVE OVERSIGHT COMMITTEE

Sec. 1801.051. COMPOSITION OF COMMITTEE. (a) The property and

casualty insurance legislative oversight committee is composed of

seven members as follows:

(1) the chair of the Senate Business and Commerce Committee and

the chair of the House Committee on Insurance, who shall serve as

joint presiding officers of the committee;

(2) two members of the senate appointed by the lieutenant

governor;

(3) two members of the house of representatives appointed by the

speaker of the house of representatives; and

(4) the public insurance counsel.

(b) An appointed member of the committee serves at the pleasure

of the appointing official.

(c) In making appointments to the committee, the appointing

officials shall attempt to appoint persons who represent the

gender composition, minority populations, and geographic regions

of this state.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.052. MEETINGS. The committee shall meet with the

commissioner at least annually.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.053. POWERS AND DUTIES OF COMMITTEE. (a) The

committee shall:

(1) receive information about rules proposed by the department

relating to property and casualty insurance and may submit

comments to the commissioner on the proposed rules;

(2) monitor the progress of property and casualty insurance

regulation reform, including:

(A) the fairness of rates, underwriting guidelines, and rating

manuals;

(B) the availability of coverage; and

(C) the effect of rate rollbacks, credit scoring, and regulation

of homeowners and automobile insurance markets;

(3) review recommendations for legislation proposed by the

department; and

(4) review the necessity of having the department periodically

examine the market conduct of an insurer or group of insurers,

including the insurer's or group's:

(A) business practices;

(B) performance; and

(C) operations.

(b) The committee may request reports and other information from

the department as necessary to implement this chapter.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.054. REPORT. (a) Not later than November 15 of each

even-numbered year, the committee shall report on the committee's

activities under Sections 1801.052 and 1801.053(a) to:

(1) the governor;

(2) the lieutenant governor; and

(3) the speaker of the house of representatives.

(b) The report must include:

(1) an analysis of any problems caused by property and casualty

insurance regulation reform; and

(2) recommendations of any legislative action necessary to

address those problems and to foster stability, availability, and

competition within the property and casualty insurance industry.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

State Codes and Statutes

Statutes > Texas > Insurance-code > Title-10-property-and-casualty-insurance > Chapter-1801-property-and-casualty-insurance-legislative-oversight-committee

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE A. GENERAL PROVISIONS

CHAPTER 1801. PROPERTY AND CASUALTY INSURANCE LEGISLATIVE

OVERSIGHT COMMITTEE

SUBCHAPTER A. GENERAL PROVISIONS

Sec. 1801.001. DEFINITION. In this chapter, "committee" means

the property and casualty insurance legislative oversight

committee.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

SUBCHAPTER B. LEGISLATIVE OVERSIGHT COMMITTEE

Sec. 1801.051. COMPOSITION OF COMMITTEE. (a) The property and

casualty insurance legislative oversight committee is composed of

seven members as follows:

(1) the chair of the Senate Business and Commerce Committee and

the chair of the House Committee on Insurance, who shall serve as

joint presiding officers of the committee;

(2) two members of the senate appointed by the lieutenant

governor;

(3) two members of the house of representatives appointed by the

speaker of the house of representatives; and

(4) the public insurance counsel.

(b) An appointed member of the committee serves at the pleasure

of the appointing official.

(c) In making appointments to the committee, the appointing

officials shall attempt to appoint persons who represent the

gender composition, minority populations, and geographic regions

of this state.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.052. MEETINGS. The committee shall meet with the

commissioner at least annually.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.053. POWERS AND DUTIES OF COMMITTEE. (a) The

committee shall:

(1) receive information about rules proposed by the department

relating to property and casualty insurance and may submit

comments to the commissioner on the proposed rules;

(2) monitor the progress of property and casualty insurance

regulation reform, including:

(A) the fairness of rates, underwriting guidelines, and rating

manuals;

(B) the availability of coverage; and

(C) the effect of rate rollbacks, credit scoring, and regulation

of homeowners and automobile insurance markets;

(3) review recommendations for legislation proposed by the

department; and

(4) review the necessity of having the department periodically

examine the market conduct of an insurer or group of insurers,

including the insurer's or group's:

(A) business practices;

(B) performance; and

(C) operations.

(b) The committee may request reports and other information from

the department as necessary to implement this chapter.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.054. REPORT. (a) Not later than November 15 of each

even-numbered year, the committee shall report on the committee's

activities under Sections 1801.052 and 1801.053(a) to:

(1) the governor;

(2) the lieutenant governor; and

(3) the speaker of the house of representatives.

(b) The report must include:

(1) an analysis of any problems caused by property and casualty

insurance regulation reform; and

(2) recommendations of any legislative action necessary to

address those problems and to foster stability, availability, and

competition within the property and casualty insurance industry.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.


State Codes and Statutes


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State Codes and Statutes

Statutes > Texas > Insurance-code > Title-10-property-and-casualty-insurance > Chapter-1801-property-and-casualty-insurance-legislative-oversight-committee

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE A. GENERAL PROVISIONS

CHAPTER 1801. PROPERTY AND CASUALTY INSURANCE LEGISLATIVE

OVERSIGHT COMMITTEE

SUBCHAPTER A. GENERAL PROVISIONS

Sec. 1801.001. DEFINITION. In this chapter, "committee" means

the property and casualty insurance legislative oversight

committee.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

SUBCHAPTER B. LEGISLATIVE OVERSIGHT COMMITTEE

Sec. 1801.051. COMPOSITION OF COMMITTEE. (a) The property and

casualty insurance legislative oversight committee is composed of

seven members as follows:

(1) the chair of the Senate Business and Commerce Committee and

the chair of the House Committee on Insurance, who shall serve as

joint presiding officers of the committee;

(2) two members of the senate appointed by the lieutenant

governor;

(3) two members of the house of representatives appointed by the

speaker of the house of representatives; and

(4) the public insurance counsel.

(b) An appointed member of the committee serves at the pleasure

of the appointing official.

(c) In making appointments to the committee, the appointing

officials shall attempt to appoint persons who represent the

gender composition, minority populations, and geographic regions

of this state.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.052. MEETINGS. The committee shall meet with the

commissioner at least annually.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.053. POWERS AND DUTIES OF COMMITTEE. (a) The

committee shall:

(1) receive information about rules proposed by the department

relating to property and casualty insurance and may submit

comments to the commissioner on the proposed rules;

(2) monitor the progress of property and casualty insurance

regulation reform, including:

(A) the fairness of rates, underwriting guidelines, and rating

manuals;

(B) the availability of coverage; and

(C) the effect of rate rollbacks, credit scoring, and regulation

of homeowners and automobile insurance markets;

(3) review recommendations for legislation proposed by the

department; and

(4) review the necessity of having the department periodically

examine the market conduct of an insurer or group of insurers,

including the insurer's or group's:

(A) business practices;

(B) performance; and

(C) operations.

(b) The committee may request reports and other information from

the department as necessary to implement this chapter.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.

Sec. 1801.054. REPORT. (a) Not later than November 15 of each

even-numbered year, the committee shall report on the committee's

activities under Sections 1801.052 and 1801.053(a) to:

(1) the governor;

(2) the lieutenant governor; and

(3) the speaker of the house of representatives.

(b) The report must include:

(1) an analysis of any problems caused by property and casualty

insurance regulation reform; and

(2) recommendations of any legislative action necessary to

address those problems and to foster stability, availability, and

competition within the property and casualty insurance industry.

Added by Acts 2005, 79th Leg., Ch.

727, Sec. 2, eff. April 1, 2007.


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