Texas insurance regulators are seeking input on proposed changes to claims-related rules for the state’s property insurer of last resort along the Texas coast.
The Texas Department of Insurance has proposed changes to Texas Windstorm Insurance Association claim rules that would implement parts of Senate Bill 615 and House Bills 1900 and 1944 from the 2019 Texas Legislature.
The changes are related to supplemental payments, replacement cost payments, and extension of deadlines.
See the TDI website for the proposed rule changes and how to submit comments. Comments must be submitted by Nov.12, 2019.
TDI will hold a hearing on the proposed rules on Oct. 28, 2019.
Source: TDI
Topics Catastrophe Natural Disasters Carriers Texas Windstorm
Was this article valuable?
Here are more articles you may enjoy.
Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe 
Owner of Historic Minnesota Resort Charged With Arson, Insurance Fraud 
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock 
Pierce Named CEO of GEICO as Combs Resigns 
