Tex. Ins. Code Section 2251.156
Rate Filing Disapproval by Commissioner; Hearing

(a)

If the commissioner disapproves a rate filing under Section 2251.153 (Commissioner Action)(a)(2), the commissioner shall issue an order disapproving the filing in accordance with Section 2251.103 (Commissioner Action Concerning Rate Filing Not yet in Effect; Hearing and Analysis)(d).

(b)

An insurer whose rate filing is disapproved is entitled to a hearing in accordance with Section 2251.103 (Commissioner Action Concerning Rate Filing Not yet in Effect; Hearing and Analysis)(e).

(c)

The department shall track precedents related to disapprovals of rates under this subchapter to ensure uniform application of rate standards by the department.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1147 (H.B. 1951), Sec. 3.011, eff. September 1, 2011.

Source: Section 2251.156 — Rate Filing Disapproval by Commissioner; Hearing, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2251.­htm#2251.­156 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 2251.156’s source at texas​.gov