Bill Text: TX HB930 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the effect of certain claims made under certain insurance policies.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-04-09 - No action taken in committee [HB930 Detail]
Download: Texas-2013-HB930-Introduced.html
83R2829 MEW-D | ||
By: Sheets | H.B. No. 930 |
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relating to the effect of certain claims made under certain | ||
insurance policies. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 551.107, Insurance Code, is amended by | ||
amending Subsections (b), (c), (d), and (e) and adding Subsection | ||
(h) to read as follows: | ||
(b) A claim under this section does not include a claim [ |
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the policy[ |
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(c) An insurer may, [ |
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an insurance policy is renewed: | ||
(1) assess a premium surcharge in an [ |
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actuarial principles; or | ||
(2) require an increase in any applicable deductible | ||
under the policy. | ||
(d) An [ |
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refuse to renew an insurance policy unless [ |
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filed two [ |
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period. | ||
(e) When an insured files a claim, an [ |
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notify the [ |
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insurer may refuse to renew the policy if the insured files a second | ||
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(h) This section may not be construed to limit an insurer's | ||
right to refuse to renew an insurance policy for reasons other than | ||
the insured's claims history. | ||
SECTION 2. Section 2006.052(c), Insurance Code, is amended | ||
to read as follows: | ||
(c) A residential property insurance claim under this | ||
section does not include a claim[ |
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the policy[ |
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SECTION 3. Subchapter H, Chapter 544, Insurance Code, is | ||
repealed. | ||
SECTION 4. The change in law made by this Act applies only | ||
to an insurance policy that is delivered, issued for delivery, | ||
renewed, or subject to nonrenewal on or after the effective date of | ||
this Act. An insurance policy that is delivered, issued for | ||
delivery, renewed, or subject to nonrenewal before the effective | ||
date of this Act is governed by the law as it existed immediately | ||
before the effective date of this Act, and that law is continued in | ||
effect for that purpose. | ||
SECTION 5. (a) The Texas Department of Insurance shall | ||
conduct a study concerning the effects of the changes in law made by | ||
this Act to Sections 551.107(c) and (d), Insurance Code, on insurer | ||
loss ratios and the availability of fire, homeowners, and farm and | ||
ranch owners insurance policies. | ||
(b) Not later than January 1, 2015, the Texas Department of | ||
Insurance shall submit a report regarding the results of the study | ||
conducted under Subsection (a) of this section to the governor, the | ||
lieutenant governor, the speaker of the house of representatives, | ||
and the appropriate standing committees of the legislature. | ||
SECTION 6. This Act takes effect September 1, 2013. |