reglab/housing_qa huggingface dataset:
TX Ins Code § 2251.152 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2251 - Rates|Subchapter D. Prior Approval of Rates Under|Section 2251.152. Rate Approval Required; Exception

Sec. 2251.152.  RATE APPROVAL REQUIRED; EXCEPTION.  (a)  An insurer subject to this subchapter may not use a rate until the rate has been filed with the department and approved by the commissioner in accordance with this subchapter.(b)  Notwithstanding Subsection (a), after a rate filing is approved under this subchapter, an insurer, without prior approval of the commissioner, may use any rate subsequently filed by the insurer if the subsequently filed rate does not exceed the lesser of:(1)  107.5 percent of the rate approved by the commissioner; or(2)  110 percent of any rate used by the insurer in the previous 12-month period.(c)  Filed rates under Subsection (b) take effect on the date specified by the insurer.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2251.153 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2251 - Rates|Subchapter D. Prior Approval of Rates Under|Section 2251.153. Commissioner Action

Sec. 2251.153.  COMMISSIONER ACTION.  (a)  Not later than the 30th day after the date a rate is filed with the department under this subchapter, the commissioner shall:(1)  approve the rate if the commissioner determines that the rate complies with the requirements of this chapter; or(2)  disapprove the rate if the commissioner determines that the rate does not comply with the requirements of this chapter.(b)  Except as provided by Subsection (c), if a rate has not been approved or disapproved by the commissioner before the expiration of the 30-day period described by Subsection (a), the rate is considered approved and the insurer may use the rate unless the rate proposed in the filing represents an increase of 12.5 percent or more from the insurer's previously filed rate.(c)  For good cause, the commissioner may, on the expiration of the 30-day period described by Subsection (a), extend the period for approval or disapproval of a rate for one additional 30-day period.  The commissioner and the insurer may not by agreement extend the 30-day period described by Subsection (a).|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2251.155 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2251 - Rates|Subchapter D. Prior Approval of Rates Under|Section 2251.155. Rate Filing Approval by Commissioner; Use of Rate

Sec. 2251.155.  RATE FILING APPROVAL BY COMMISSIONER; USE OF RATE.  (a)  The commissioner shall approve a rate filing under this subchapter if the proposed rate is adequate, not excessive, and not unfairly discriminatory.(b)  If the commissioner approves a rate filing under this section, the commissioner shall provide the insurer with a written or electronic notification of the approval.  The insurer may use the rate on receipt of the approval notice.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2251.156 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2251 - Rates|Subchapter D. Prior Approval of Rates Under|Section 2251.156. Rate Filing Disapproval by Commissioner; Hearing

Sec. 2251.156.  RATE FILING DISAPPROVAL BY COMMISSIONER; HEARING.  (a)  If the commissioner disapproves a rate filing under Section 2251.153(a)(2), the commissioner shall issue an order disapproving the filing in accordance with Section 2251.103(d).(b)  An insurer whose rate filing is disapproved is entitled to a hearing in accordance with Section 2251.103(e).(c)  The department shall track precedents related to disapprovals of rates under this subchapter to ensure uniform application of rate standards by the department.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1147 (H.B. 1951), Sec. 3.011, eff. September 1, 2011.|
TX Ins Code § 2251.251 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2251 - Rates|Subchapter F. Exemptions for Certain Insurers From Rate Filing and Approval Requirements|Section 2251.251. Applicability of Subchapter

Sec. 2251.251.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies to:(1)  an insurer, including an insurance company, a reciprocal or interinsurance exchange, a mutual insurance company, a capital stock insurance company, a county mutual insurance company, a Lloyd's plan, or any other legal entity authorized to write residential property insurance in this state; and(2)  an insurer's affiliate, as described by this code, if the affiliate is authorized to write residential property insurance.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2251.252 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2251 - Rates|Subchapter F. Exemptions for Certain Insurers From Rate Filing and Approval Requirements|Section 2251.252. Exemption From Certain Other Law

Sec. 2251.252.  EXEMPTION FROM CERTAIN OTHER LAW.  (a)  Except as provided by Subsections (b), (c), and (d), an insurer is exempt from the rate filing and approval requirements of this chapter if the insurer, during the calendar year preceding the date filing is otherwise required under this chapter, issued residential property insurance policies in this state that accounted for less than two percent of the total amount of premiums collected by insurers for residential property insurance policies issued in this state, more than 50 percent of which cover property:(1)  valued at less than $100,000; and(2)  located in an area designated by the commissioner as underserved for residential property insurance under Chapter 2004.(b)  If an insurer described by Subsection (a) is a member of an affiliated insurance group, this subchapter applies to the insurer only if the total aggregate premium collected by the group accounts for less than two percent of the total amount of premiums collected by insurers for residential property insurance policies issued in this state.(c)  An insurer described by Subsection (a) that proposes to increase the premium rates charged policyholders for a residential property insurance product by an amount that is 10 percent or more over the amount the insurer charged policyholders for the same or an equivalent residential property insurance product during the preceding calendar year must file the insurer's proposed rates in accordance with this chapter and, if applicable, obtain approval of the proposed rates as provided by this chapter.(d)  An insurer described by Subsection (a) that increases the premium rates charged policyholders for a residential property insurance product by an annual average amount of eight percent or greater for three consecutive calendar years must file the insurer's proposed rates in accordance with this chapter in the calendar year following the three consecutive years and, if applicable, obtain approval of the proposed rates as provided by this chapter.  In calculating the three consecutive calendar years' average premium increases, an insurer is not required to consider a year in which there is a weather-related catastrophe or other major natural disaster that requires the commissioner to extend the claim-handling deadlines under Section 542.059(b). |Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.Amended by: Acts 2021, 87th Leg., R.S., Ch. 5 (S.B. 965), Sec. 1, eff. September 1, 2021.|
TX Ins Code § 2252.001 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter A. General Provisions|Section 2252.001. Applicability of Chapter

Sec. 2252.001.  APPLICABILITY OF CHAPTER.  (a)  Except as provided by Subsections (b) and (c), this chapter applies to an insurer, including a corporation, reciprocal or interinsurance exchange, mutual insurance company, association, Lloyd's plan, or other organization, writing casualty insurance or writing fidelity, surety, or guaranty bonds, on risks or operations in this state.(b)  This chapter does not apply to:(1)  a farm mutual insurance company or association regulated under Chapter 911; or(2)  a county mutual insurance company regulated under Chapter 912.(c)  This chapter does not apply to the writing of:(1)  automobile insurance;(2)  life, health, or accident insurance;(3)  professional liability insurance;(4)  reinsurance;(5)  aircraft insurance;(6)  fraternal benefit insurance;(7)  fire insurance;(8)  workers' compensation insurance;(9)  marine insurance, including noncommercial inland marine insurance and ocean marine insurance;(10)  title insurance;(11)  explosion insurance, except insurance against loss from personal injury or property damage resulting accidentally from:(A)  a steam boiler;(B)  a heater or pressure vessel;(C)  an electrical device;(D)  an engine; or(E)  all machinery and appliances used in connection with or in the operation of a boiler, heater, vessel, electrical device, or engine described by Paragraphs (A)-(D); or(12)  insurance coverage for any of the following conditions or risks:(A)  weather or climatic conditions, including lightning, tornado, windstorm, hail, cyclone, rain, or frost and freeze;(B)  earthquake or volcanic eruption;(C)  smoke or smudge;(D)  excess or deficiency of moisture;(E)  flood;(F)  the rising water of an ocean or an ocean's tributary;(G)  bombardment, invasion, insurrection, riot, civil war or commotion, military or usurped power, or any order of a civil authority made to prevent the spread of a conflagration, epidemic or catastrophe;(H)  vandalism or malicious mischief;(I)  strike or lockout;(J)  water or other fluid or substance resulting from:(i)  the breakage or leakage of a sprinkler, pump, or other apparatus erected for extinguishing fire, or a water pipe or other conduit or container; or(ii)  casual water entering a building through a leak or opening in the building or by seepage through building walls; or(K)  accidental damage to a sprinkler, pump, fire apparatus, pipe, or other conduit or container described by Paragraph (J)(i).|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.002 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter A. General Provisions|Section 2252.002. Construction of Chapter

Sec. 2252.002.  CONSTRUCTION OF CHAPTER.  This chapter does not limit in any manner the kinds or classes of insurance that an insurer may write under an appropriate statute or the insurer's charter or certificate of authority.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.051 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter B. Rating Systems|Section 2252.051. Insurer to Provide Rate Information

Sec. 2252.051.  INSURER TO PROVIDE RATE INFORMATION.  (a)  An insurer shall provide all information relevant to a rate used by the insurer to:(1)  any person who is or will be affected by the rate or by a modification of the rate; or(2)  the authorized representative of a person described by Subdivision (1).(b)  The insurer shall provide the information within a reasonable time after receipt of a written request for the information and on payment of any reasonable charge set by the insurer.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.052 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter B. Rating Systems|Section 2252.052. Right to Hearing on Rating System

Sec. 2252.052.  RIGHT TO HEARING ON RATING SYSTEM.  (a)  An insurer shall provide within this state reasonable means by which a person aggrieved by the application of the insurer's rating system may be heard on written request to review the manner in which the rating system has been applied in connection with the insurance afforded the person.(b)  The person may be heard under this section in person or through the person's authorized representative.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.053 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter B. Rating Systems|Section 2252.053. Appeal of Decision on Rating System

Sec. 2252.053.  APPEAL OF DECISION ON RATING SYSTEM.  Any party affected by an action taken by an insurer or rating organization in response to a request for a hearing under Section 2252.052 may appeal that action to the commissioner not later than the 10th day after the date the party receives written notice of the action.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.101 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter C. Loss and Expense Experience|Section 2252.101. Recording and Reporting of Loss and Expense Experience and Other Data

Sec. 2252.101.  RECORDING AND REPORTING OF LOSS AND EXPENSE EXPERIENCE AND OTHER DATA.  (a)  The commissioner shall adopt reasonable rules and statistical plans for the recording and reporting of loss experience and other required data by insurers.  The rules and plans must ensure that each insurer's total loss and expense experience is made available at least as frequently as biennially in the form and with the detail necessary to aid in determining whether rating plans comply with the standards provided by this chapter, Chapter 1901, Chapter 2251, or Subchapter B, Chapter 5.(b)  In adopting the rules and statistical plans, the commissioner shall have due regard for:(1)  the rating plans used under this chapter, Chapter 1901, Chapter 2251, or Subchapter B, Chapter 5; and(2)  the rules and forms of plans used in other states to ensure that the rules and plans are as uniform as is practicable.(c)  Each insurer shall use the statistical plans adopted under this section to record and report loss experience and other required data in accordance with the rules adopted by the commissioner.(d)  The commissioner may designate other agencies to gather and compile the loss experience and other data.(e)  The commissioner may adopt modifications to statistical plans adopted under this section.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.102 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter C. Loss and Expense Experience|Section 2252.102. Rules and Plans Requiring Interchange of Loss Experience

Sec. 2252.102.  RULES AND PLANS REQUIRING INTERCHANGE OF LOSS EXPERIENCE.  The commissioner may adopt reasonable rules and plans requiring the interchange of loss experience necessary for the application of rating plans.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.103 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter C. Loss and Expense Experience|Section 2252.103. Exchange of Rate Information With Other States

Sec. 2252.103.  EXCHANGE OF RATE INFORMATION WITH OTHER STATES.  To further the uniform administration of rating laws, the department or an insurer may:(1)  exchange information and experience data with insurance supervisory officials, insurers, and rating organizations in other states; and(2)  consult and cooperate with the individuals or entities described by Subdivision (1) with respect to ratemaking and the application of rating systems.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2252.151 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle H - Ratemaking in General|Chapter 2252 - Rate Administration|Subchapter D. Prohibited Acts|Section 2252.151. Prohibited Conduct Related to Rates and Premiums

Sec. 2252.151.  PROHIBITED CONDUCT RELATED TO RATES AND PREMIUMS.  (a)  A person or organization may not knowingly give false or misleading information to the department or commissioner, an insurer, or any other entity that will in any manner affect the proper determination of rates or premiums.(b)  An insurer or agent who knowingly misrepresents the actual or replacement value of real or personal property to achieve an unfair competitive rate advantage commits an offense.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2301.001 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle I - Policy Forms in General|Chapter 2301 - Policy Forms|Subchapter A. Policy Forms Generally|Section 2301.001. Purpose

Sec. 2301.001.  PURPOSE.  The purposes of this subchapter are to:(1)  promote the availability of insurance;(2)  regulate the insurance forms used for lines of insurance to which this subchapter applies to ensure that the forms are not unjust, unfair, inequitable, misleading, or deceptive; and(3)  provide regulatory procedures for the maintenance of appropriate information reporting systems.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2301.002 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle I - Policy Forms in General|Chapter 2301 - Policy Forms|Subchapter A. Policy Forms Generally|Section 2301.002. Definitions

Sec. 2301.002.  DEFINITIONS.  In this subchapter:(1)  "Commercial property insurance" means insurance coverage against loss caused by or resulting from loss, damage, or destruction of real or personal property provided through a commercial property insurance policy.  The term includes any combination of:(A)  commercial fire or allied lines;(B)  commercial inland marine insurance;(C)  commercial crime coverage;(D)  boiler and machinery insurance other than explosion;(E)  glass insurance provided as part of other coverage; and(F)  as authorized by commissioner rule, insurance covering other perils or providing other coverages or other lines of first party property insurance.(1-a)  "Form" means an insurance policy form or a printed endorsement form.(2)  "Residential property insurance" means insurance coverage against loss to real or tangible personal property at a fixed location that is provided through a homeowners insurance policy, including a tenants insurance policy, a condominium owners insurance policy, or a residential fire and allied lines insurance policy.(3)  "Supporting information" means any information required by the department to be filed.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.Amended by: Acts 2017, 85th Leg., R.S., Ch. 254 (H.B. 1298), Sec. 2, eff. May 29, 2017.|
TX Ins Code § 2301.003 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle I - Policy Forms in General|Chapter 2301 - Policy Forms|Subchapter A. Policy Forms Generally|Section 2301.003. Applicability of Subchapter

Sec. 2301.003.  APPLICABILITY OF SUBCHAPTER.  (a)  This subchapter applies to:(1)  an insurer to which Article 5.13 applies, other than the Texas Windstorm Insurance Association, the FAIR Plan Association, and the Texas Automobile Insurance Plan Association; and(2)  except as provided by Subsections (c) and (d), a Lloyd's plan, reciprocal or interinsurance exchange, and county mutual insurance company with respect to the lines of insurance described by Subsection (b).(b)  Except as provided by Section 2301.0031, this subchapter applies to all lines of the following kinds of insurance written under an insurance policy or contract issued by an insurer authorized to engage in the business of insurance in this state:(1)  general liability insurance;(2)  residential and commercial property insurance, including farm and ranch insurance and farm and ranch owners insurance;(3)  personal and commercial casualty insurance, except as provided by Section 2301.005;(4)  medical professional liability insurance;(5)  fidelity, guaranty, and surety bonds other than criminal court appearance bonds;(6)  personal umbrella insurance;(7)  personal liability insurance;(8)  guaranteed auto protection (GAP) insurance;(9)  involuntary unemployment insurance;(10)  financial guaranty insurance;(11)  inland marine insurance;(12)  rain insurance;(13)  hail insurance on farm crops;(14)  personal and commercial automobile insurance;(15)  multi-peril insurance; and(16)  identity theft insurance issued under Chapter 706.(c)  Section 2301.009 does not apply to a Lloyd's plan or a reciprocal or interinsurance exchange with respect to commercial property insurance.(d)  This subchapter does not apply to a Lloyd's plan or reciprocal or interinsurance exchange with respect to inland marine insurance, rain insurance, or hail insurance on farm crops.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.071(b), eff. September 1, 2007.Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.071(b), eff. September 1, 2007.Acts 2021, 87th Leg., R.S., Ch. 42 (S.B. 1367), Sec. 5, eff. September 1, 2021.|