Texas Administrative Code › Title 28 - INSURANCE › Part 1 - TEXAS DEPARTMENT OF INSURANCE › Chapter 7 - CORPORATE AND FINANCIAL REGULATION › Subchapter M - REGULATORY FEES › Section 7.1301 - Regulatory Fees

Current through Reg. 49, No. 28; July 12, 2024
(a) Regulated
				  entities subject to fees. The regulated entities subject to the fees imposed by
				  this section include all authorized insurers writing any class of insurance in
				  this state which are regulated by Insurance Code Titles 2 and 6 - 12. For
				  filings and other actions received by the department on and after the effective
				  date of this section, the Texas Department of Insurance (department) will
				  charge these entities fees in amounts in accordance with the provisions of this
				  section. Filings or other actions received by the department before the
				  effective date of this section will be governed by this subchapter as it
				  existed immediately prior to that date.
(b) Fees for insurers with annual gross
				  premium receipts less than $450,000. As provided in Insurance Code §
										202.004, any insurer
				  to which Insurance Code Chapter 202 applies and whose gross premium receipts
				  are less than $450,000 according to its annual statement for the preceding year
				  ending December 31, is required to pay only one-half the amount of the fees
				  required to be paid under subsection (d) or subsection (e) of this section. The
				  fees will be collected at the higher rate unless the applicant can provide the
				  department with satisfactory documentation that gross premium receipts were
				  less than $450,000.
(c) Fees for
				  specified filings pursuant to Insurance Code Chapter 1701. Fees for specified
				  filings pursuant to Insurance Code Chapter 1701 are set forth in and governed
				  by Chapter 3, Subchapter A of this title (relating to Submission Requirements
				  for Filings and Departmental Actions Related to Such Filings).
(d) Fees for authorized insurers writing
				  classes of insurance in this state that are regulated by Insurance Code Titles
				  2 and 6 - 12. For the following filings and actions, the fees are as follows.
(1) For classes of insurance for which
				  statutory authority exists for collecting annual statement fees, the fee for
				  filing annual statements is $250 unless otherwise specified.
(2) For filing amendments to certificate of
				  authority if charter is not amended, the fee is $0.
(3) For reservation of name, the fee is
				  $0.
(4) For renewal of reservation
				  of name, the fee is $0.
(5) For
				  filing application for admission of a foreign or alien insurance company,
				  including issuance of certificate of authority, the fee is $0.
(6) For filing original charter, including
				  issuance of certificate of authority, the fee is $0.
(7) For filing amendment to charter,
				  including issuance of certificate of authority, if a hearing is held, the fee
				  is $0.
(8) For filing amendment to
				  charter, including issuance of certificate of authority, if a hearing is not
				  held, the fee is $0.
(9) For filing
				  designation of attorney for service of process or amendment thereto, the fee is
				  $0.
(10) For filing a total
				  reinsurance agreement, the fee is $0.
(11) For filing a partial reinsurance
				  agreement, the fee is $0.
(12) For
				  filing a direct reinsurance agreement pursuant to Insurance Code Chapter 884,
				  Subchapter K, the fee is $0.
(13)
				  For filing for approval of reinsurance agreement pursuant to Insurance Code
				  Chapter 828, the fee is $0.
(14)
				  For filing for approval of merger pursuant to Insurance Code Chapter 824, the
				  fee is $0.
(15) For accepting a
				  security deposit, excluding deposits made pursuant to Insurance Code §
											425.002, the fee is
				  $0.
(16) For substitution/amendment
				  of a security deposit, excluding deposits made pursuant to Insurance Code
				  §
											425.002, the fee is
				  $0.
(17) For certification of
				  statutory deposit, the fee is $0.
(18) For filing notice of intent to relocate
				  the books/records pursuant to Insurance Code Chapter 803, the fee is
				  $0.
(19) For filing restated
				  articles of incorporation for domestic/foreign companies, the fee is
				  $0.
(20) For filing a statement
				  pursuant to Insurance Code Chapter 823, Subchapters D and E, for the first
				  $9,900,000 of the purchase price or consideration, the fee is $0.
(21) For filing a statement pursuant to
				  Insurance Code Chapter 823, Subchapters D and E, if the purchase price or
				  consideration exceeds $9,900,000, the fee is $0.
(22) For filing registration statement
				  pursuant to Insurance Code Chapter 823, Subchapter B, the fee is $0.
(23) For filing for review pursuant to
				  Insurance Code Chapter 823, Subchapter C, or Chapter 884, Subchapter L, the fee
				  is $0.
(24) For filing for an
				  exemption pursuant to Insurance Code §
											823.164, the fee is
				  $0.