TITLE: Relating to the provision of uninsured or underinsured motorist coverage in automobile liability insurance policies.

SUMMARY: Relating to the provision of uninsured or underinsured motorist coverage in automobile liability insurance policies.

FULL TEXT:
AN ACT relating to the provision of uninsured or underinsured motorist coverage in automobile liability insurance policies. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 912.002(b), Insurance Code, is amended to read as follows: (b) A county mutual insurance company is subject to: (1) Sections 38.001, 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, 401.156, 501.159, 501.202, 501.203, 822.204, 1806.001, 1806.101, 1806.103(b), 1806.104-1806.107, 1953.051(b), 2002.002, and 2002.005; (2) Subchapter A, Chapter 86; (3) Subchapter A, Chapter 401; (4) the provisions of Subchapter B, Chapter 424, other than Sections 424.052, 424.072, and 424.073; (5) Chapters 221, 251, 252, 254, 541, and 2210; [and] (6) Subchapter C, Chapter 1952; and (7) Articles 5.39 and 5.40. SECTION 2. Section 2301.053(b), Insurance Code, is amended to read as follows: (b) Each form for a personal automobile insurance policy must provide the coverages mandated under:(1) Subchapter [Subchapters] C, Chapter 1952; and (2) Subchapter D, Chapter 1952, unless the coverage is [coverages are] rejected by the named insured in the manner provided by that subchapter [those subchapters].SECTION 3. Section 1952.101(c), Insurance Code, is repealed.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, or renewed on or after January 1, 2024. A policy delivered, issued for delivery, or renewed before January 1, 2024, 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. This Act takes effect September 1, 2023.