Texas Calls for 2017 Commercial Property, Businessowners Premium Data

May 15, 2018

The Texas Department of Insurance has issued a special data call to companies writing direct commercial property or businessowners insurance in Texas catastrophe areas during calendar year 2017.

The data call is necessary to supplement TDI’s statistical information and to enable the Texas Windstorm Insurance Association to calculate participation shares in the event that assessments are required in 2018.

Insurers are instructed to complete and return their responses to this data call no later than June 18, 2018.

A company must respond to this data call if it falls within one of the categories described below. Companies subject to this data call are required to submit information to TDI even if the company does not write any applicable business in the Texas catastrophe area.

TDI will email this data call only to companies that fall into one of the following categories:

Category 1

Companies reporting 2017 Texas commercial property or businessowners statistical data to TDI’s commercial lines statistical agent, Insurance Services Office, Inc. (ISO), under a minimum or limited reporting format that does not include place code- or ZIP code-level detail. This report specifically includes companies reporting under the TDI minimum reporting guidelines for commercial lines statistical reporting.

Category 2

Companies reporting 2017 Texas commercial property or businessowners statistical data to ISO, under a full reporting plan format in which all four quarters of 2017 data have not been fully accepted by ISO as of March 2, 2018. Companies in this category must report premiums for the entire year, not just the quarters of 2017 that ISO has not fully accepted.

Definitions of Terms

Texas Catastrophe Area–The area comprised of the following Texas counties: Aransas, Brazoria, Calhoun, Cameron, Chambers, Galveston, Jefferson, Kenedy, Kleberg, Matagorda, Nueces, Refugio, San Patricio, Willacy, and the portions of Harris County listed below.

  • City of Morgan’s Point
  • City of Seabrook – all areas east of Highway 146
  • City of La Porte – all areas east of Highway 146
  • City of Pasadena – all areas east of Highway 146
  • City of Shoreacres – all areas east of Highway 146

Voluntary Commercial Allied Lines Direct Written Premium–The total direct written allied lines premium on commercial monoline or multiple peril policies insuring commercial risks in the Texas catastrophe area, which include coverage for losses due to windstorm damage. Voluntary premium does not include allied lines premium on policies insuring commercial risks in the catastrophe area if the policy contains a windstorm exclusion.

Voluntary Businessowners Direct Written Premium–The total direct written premium on policies insuring commercial risks in the Texas catastrophe area, which include coverage for losses due to windstorm damage. Voluntary premium does not include direct written premium on policies insuring commercial risks in the catastrophe area if the policy contains a windstorm exclusion.

More information can be found on TDI’s website at http://www.tdi.texas.gov/bulletins/2018/B-0011-18.html.

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