Source: http://www.tdi.texas.gov/commercial/pcckcmp.html
Timestamp: 2017-11-20 05:54:03
Document Index: 610904946

Matched Legal Cases: ['§551', '§551', '§1', '§1', '§521', '§521', '§521', '§5', '§5']

Review Requirements Checklist Commercial Multi-Peril
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Commercial Multi-Peril Checklist
Chapter 2301, Subchapter A, Texas Insurance Code An insurance policy form or endorsement may not be delivered or issued for delivery in this state unless the form has been filed with and approved by the commissioner. Each filing shall be made not later than the 60th day before the date of any use or delivery for use.
Requirements follow those requirements found in the corresponding mono line checklists. Please refer to these checklists for details.
Vendors' Single Interest and Lenders Collateral Protection
Chapter 2301, Subchapter A, Texas Insurance Code If the Vendors' Single Interest includes automobiles and watercraft (a nonregulated Inland Marine class), this must be filed as Commercial Multi-Peril. The same would apply if, as an example, Vendors' Single Interest is combined with Lenders Collateral Protection.
§§551.051-551.055 and §551.004, Texas Insurance Code Cancellation and nonrenewal of certain liability insurance policies.
Chapter 705, Subchapter A, Texas Insurance Code "Void Coverage" language must comply with Chapter 705, Subchapter A, and the misrepresentation must be material
28 TAC §1.601 & §1.602, Texas Administrative Code and Commissioner's Order 3952 To satisfy requirements for §521.005, §§521.051 - 521.056, and §§521.101 - 521.103 noted above.
File & Use With Exception and Multi-Peril Policies Defined, Filing Requirements
Chapter 2251, Texas Insurance Code and
28 TAC §5.5005, Texas Administrative Code Each insurer shall file with the Commissioner all rates, supplementary rating information, and reasonable and pertinent supporting information for risks written in this state. Exception: Lloyds or reciprocals may qualify to make reduced, informational filings under provisions in §5.5005.