tx-May222026-33: 28 TAC §5.9501 (Amendment) — Property and Casualty Insurance
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The Texas Department of Insurance (TDI) proposes amendments to 28 TAC §5.9501, concerning the Texas Commercial Lines Statistical Plan (Commercial Plan). Amendments to the Commercial Plan are necessary to enable insurers to report data on the reasons insurers give consumers for the declination, cancellation, or nonrenewal of certain direct commercial and miscellaneous personal insurance policies, as required by House Bill 2067, 89th Legislature, 2025. EXPLANATION. HB 2067 amends Insurance Code Chapter 551 to require insurers to disclose their reasons for cancellation or nonrenewal of an existing insurance policy or for declination of an application. HB 2067 also requires that insurers provide to TDI--at least once a quarter and in the form and manner TDI prescribes--a written report organized by ZIP code that summarizes the reasons that were provided to consumers. The bill also requires TDI to post an aggregated summary of the reports on its website. To implement HB 2067 as to certain personal lines, TDI adopted by reference updated versions of the Texas Statistical Plan for Residential Risks and the Texas Private Passenger Auto Statistical Plan, which became effective on...
The agency’s own summary, as published.
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