Tex. Ins. Code Section 551.001
Rules


(a)

The commissioner may, as necessary, adopt and enforce reasonable rules, including notice requirements, relating to the cancellation and nonrenewal of any insurance policy regulated by the department under:

(1)

Chapter 5;

(2)

Chapter 1804 (Rates and Forms for National Defense Projects), 1805 (Joint Underwriting and Advisory Organizations), 2171 (Commercial Group Property Insurance), or 2301 (Policy Forms); or

(3)

Subtitle C, D, E, or F, Title 10.

(a-1)

Notwithstanding Subsection (a), Subsection (a) does not apply to:

(1)

an insurance policy subject to Subchapter B or C of this chapter; or

(2)

a marine insurance policy other than inland marine.

(b)

In adopting rules under this section, the commissioner shall consider the reasonable needs of the public and the operations of the insurers.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2D.012, eff. April 1, 2009.

Source: Section 551.001 — Rules, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­551.­htm#551.­001 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 551.001’s source at texas​.gov