Bill Text: TX HB2646 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the office of public insurance counsel's ability to initiate a hearing on insurance rates or rate filings.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-04-09 - Left pending in committee [HB2646 Detail]
Download: Texas-2013-HB2646-Introduced.html
83R8722 MEW-F | ||
By: Turner of Tarrant | H.B. No. 2646 |
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relating to the office of public insurance counsel's ability to | ||
initiate a hearing on insurance rates or rate filings. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2251.106, Insurance Code, is amended by | ||
adding Subsections (d), (e), (f), (g), (h), and (i) to read as | ||
follows: | ||
(d) The public insurance counsel may initiate a hearing on a | ||
rate filing or a rate in effect filed under this chapter by filing a | ||
written petition with the commissioner. | ||
(e) The commissioner shall hold a hearing under Subsection | ||
(d) not later than the 30th day after the date of the filing of the | ||
written petition. | ||
(f) The commissioner shall provide written notice of a | ||
hearing under Subsection (d) to the office of public insurance | ||
counsel and each insurer that made the rate filing not later than | ||
the 10th day before the date of the hearing. | ||
(g) The party that made the rate filing has the burden to | ||
show that the rate filing meets the standards under Subchapter B. | ||
(h) If, after the hearing, the commissioner determines that | ||
the rate filing or rate in effect does not meet the requirements of | ||
this chapter, the commissioner shall issue an order under Section | ||
2251.103(d) or 2251.104(b), as applicable. | ||
(i) Notwithstanding any other provision of this chapter, if | ||
a rate filing that is the subject of a hearing under Subsection (d) | ||
has not gone into effect as of the date the written petition is | ||
filed, the subject rate may not go into effect until: | ||
(1) the commissioner has entered an order finding that | ||
the rate filing meets the standards under Subchapter B; or | ||
(2) the filing is appealed and determined on final | ||
appeal to meet the standards under Subchapter B. | ||
SECTION 2. This Act takes effect September 1, 2013. |