Bill Text: TX HB3589 | 2011-2012 | 82nd Legislature | Engrossed
Bill Title: Relating to claim-handling deadlines in the event of certain weather-related catastrophes or natural disasters.
Sponsorship: Partisan Bill (Republican 1)
Status: (Engrossed - Dead) 2011-05-16 - Referred to Business & Commerce [HB3589 Detail]
Download: Texas-2011-HB3589-Engrossed.html
| By: Hancock | H.B. No. 3589 | |
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| relating to claim-handling deadlines in the event of certain | ||
| weather-related catastrophes or natural disasters. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 542.059, Insurance Code, is amended by | ||
| amending Subsection (b) and adding Subsections (c) and (d) to read | ||
| as follows: | ||
| (b) In the event of a weather-related catastrophe or major | ||
| natural disaster in which the commissioner estimates the amount of | ||
| losses will total at least $5 million and the number of claims will | ||
| total at least 3,000 in the aggregate for all insurers [ |
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| this subchapter are extended for an additional 15 days. | ||
| (c) The department shall issue a bulletin to notify insurers | ||
| of an extension under Subsection (b) not later than the fifth day | ||
| after the date the weather-related catastrophe or major natural | ||
| disaster occurs. The department may request information from an | ||
| insurer about the insurer's estimated amount of losses or total | ||
| number of claims. Information that an insurer voluntarily provides | ||
| to the department under this section is confidential and not | ||
| subject to disclosure under Chapter 552, Government Code. | ||
| (d) In the event that the governor issues a disaster | ||
| declaration under Section 418.014, Government Code, a | ||
| claim-handling deadline under this subchapter is extended for 15 | ||
| days for a county specified in the declaration. The department | ||
| shall issue a bulletin to notify insurers of an extension under this | ||
| subsection. | ||
| SECTION 2. This Act takes effect September 1, 2011. | ||
