The Texas Department of Insurance scheduled a public hearing on Nov. 13 to consider proposed amendments to rules concerning underwriting based on mold and water-related claims.
According to the TDI announcement, the insurance commissioner will hear testimony on Docket No. 2575, which includes amendments proposed by the Texas Department of Insurance to §21.1007, concerning restrictions on the use of underwriting guidelines based on previous mold damage, mold damage claims, a water damage claim, or appliance-related claims. The amendments are necessary to implement Article 1 of Senate Bill 127, enacted by the 78th Legislature, that added new Article 5.35-4 to the Insurance Code and House Bill 329, enacted by the 78th Legislature, that added new Article 21.21-11 to the Insurance Code and requires the Department to promulgate a Certificate of Mold Remediation pursuant to the Occupations Code §1958.154. The amended section is proposed pursuant to the Insurance Code Articles 5.35-4, 21.21-11 and §36.001 and §1958.154 of the Occupations Code.
The hearing will take place at 9:30 a.m. in Hearing Room 100, Hobby Building, 333 Guadalupe in Austin.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
