State Codes and Statutes

Statutes > Texas > Insurance-code > Title-10-property-and-casualty-insurance > Chapter-2152-group-insurance-in-underserved-areas

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE

CHAPTER 2152. GROUP INSURANCE IN UNDERSERVED AREAS

Sec. 2152.001. DEFINITION. In this chapter, "residential

property insurance" means insurance against loss to real or

tangible personal property at a fixed location that is provided

through a homeowners policy, residential fire and allied lines

policy, or farm and ranch owners policy.

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

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

Sec. 2152.002. DESIGNATION OF UNDERSERVED AREAS. (a) The

commissioner by rule may designate an area as an underserved area

for personal automobile insurance or residential property

insurance.

(b) In determining which areas to designate as underserved, the

commissioner shall consider:

(1) whether the insurance described by Subsection (a) is not

reasonably available to a substantial number of insurable risks

and the availability of insurance in general; and

(2) any other relevant factor as determined by the commissioner.

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

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

Sec. 2152.003. AUTHORIZATION FOR ISSUANCE OF GROUP INSURANCE IN

UNDERSERVED AREA. An insurer authorized to write property or

casualty insurance in this state, including a Lloyd's plan and a

reciprocal or interinsurance exchange, that writes personal

automobile insurance or residential property insurance in this

state may write the personal automobile insurance or residential

property insurance on a group basis in an underserved area

designated by the commissioner.

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

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

Sec. 2152.004. EXCLUSION OF CERTAIN COVERAGE. Group insurance

provided under this chapter may not include windstorm and hail

insurance coverage for a risk eligible for that coverage under

Chapter 2210.

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

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

Sec. 2152.005. FORMATION OF GROUP. A group may be formed solely

to purchase insurance subject to this chapter.

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

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

Sec. 2152.006. RATES. Rates for coverage provided under this

chapter are subject to the applicable statutes relating to the

insurers providing the coverage.

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

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

Sec. 2152.007. POLICY FORMS AND CERTIFICATES. The commissioner

shall adopt policy forms and certificates for use in underserved

areas designated by the commissioner under this chapter.

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

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

Sec. 2152.008. RULES. In addition to other rules adopted under

this chapter, the commissioner may adopt any rules that are

appropriate and necessary to implement this chapter.

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-2152-group-insurance-in-underserved-areas

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE

CHAPTER 2152. GROUP INSURANCE IN UNDERSERVED AREAS

Sec. 2152.001. DEFINITION. In this chapter, "residential

property insurance" means insurance against loss to real or

tangible personal property at a fixed location that is provided

through a homeowners policy, residential fire and allied lines

policy, or farm and ranch owners policy.

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

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

Sec. 2152.002. DESIGNATION OF UNDERSERVED AREAS. (a) The

commissioner by rule may designate an area as an underserved area

for personal automobile insurance or residential property

insurance.

(b) In determining which areas to designate as underserved, the

commissioner shall consider:

(1) whether the insurance described by Subsection (a) is not

reasonably available to a substantial number of insurable risks

and the availability of insurance in general; and

(2) any other relevant factor as determined by the commissioner.

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

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

Sec. 2152.003. AUTHORIZATION FOR ISSUANCE OF GROUP INSURANCE IN

UNDERSERVED AREA. An insurer authorized to write property or

casualty insurance in this state, including a Lloyd's plan and a

reciprocal or interinsurance exchange, that writes personal

automobile insurance or residential property insurance in this

state may write the personal automobile insurance or residential

property insurance on a group basis in an underserved area

designated by the commissioner.

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

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

Sec. 2152.004. EXCLUSION OF CERTAIN COVERAGE. Group insurance

provided under this chapter may not include windstorm and hail

insurance coverage for a risk eligible for that coverage under

Chapter 2210.

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

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

Sec. 2152.005. FORMATION OF GROUP. A group may be formed solely

to purchase insurance subject to this chapter.

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

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

Sec. 2152.006. RATES. Rates for coverage provided under this

chapter are subject to the applicable statutes relating to the

insurers providing the coverage.

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

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

Sec. 2152.007. POLICY FORMS AND CERTIFICATES. The commissioner

shall adopt policy forms and certificates for use in underserved

areas designated by the commissioner under this chapter.

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

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

Sec. 2152.008. RULES. In addition to other rules adopted under

this chapter, the commissioner may adopt any rules that are

appropriate and necessary to implement this chapter.

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-2152-group-insurance-in-underserved-areas

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE

CHAPTER 2152. GROUP INSURANCE IN UNDERSERVED AREAS

Sec. 2152.001. DEFINITION. In this chapter, "residential

property insurance" means insurance against loss to real or

tangible personal property at a fixed location that is provided

through a homeowners policy, residential fire and allied lines

policy, or farm and ranch owners policy.

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

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

Sec. 2152.002. DESIGNATION OF UNDERSERVED AREAS. (a) The

commissioner by rule may designate an area as an underserved area

for personal automobile insurance or residential property

insurance.

(b) In determining which areas to designate as underserved, the

commissioner shall consider:

(1) whether the insurance described by Subsection (a) is not

reasonably available to a substantial number of insurable risks

and the availability of insurance in general; and

(2) any other relevant factor as determined by the commissioner.

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

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

Sec. 2152.003. AUTHORIZATION FOR ISSUANCE OF GROUP INSURANCE IN

UNDERSERVED AREA. An insurer authorized to write property or

casualty insurance in this state, including a Lloyd's plan and a

reciprocal or interinsurance exchange, that writes personal

automobile insurance or residential property insurance in this

state may write the personal automobile insurance or residential

property insurance on a group basis in an underserved area

designated by the commissioner.

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

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

Sec. 2152.004. EXCLUSION OF CERTAIN COVERAGE. Group insurance

provided under this chapter may not include windstorm and hail

insurance coverage for a risk eligible for that coverage under

Chapter 2210.

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

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

Sec. 2152.005. FORMATION OF GROUP. A group may be formed solely

to purchase insurance subject to this chapter.

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

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

Sec. 2152.006. RATES. Rates for coverage provided under this

chapter are subject to the applicable statutes relating to the

insurers providing the coverage.

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

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

Sec. 2152.007. POLICY FORMS AND CERTIFICATES. The commissioner

shall adopt policy forms and certificates for use in underserved

areas designated by the commissioner under this chapter.

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

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

Sec. 2152.008. RULES. In addition to other rules adopted under

this chapter, the commissioner may adopt any rules that are

appropriate and necessary to implement this chapter.

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

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


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