Texas Insurance Code

§ 521.152 — REGISTRY; INTERNET POSTING

IN § 521.152Title 5. PROTECTION OF CONSUMER INTERESTS · Part B. CONSUMER SERVICE PROVISIONS · Ch. 521. CONSUMER INFORMATION AND COMPLAINTS · Art. D. RACE-BASED INSURANCE REGISTRY

Statute text

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(a)The commissioner shall establish a registry of each legal entity engaged in the business of insurance in this state that, formally or informally, has entered into an agreement with the department:

(1)that disposes of allegations of race-based pricing; and

(2)under which all or part of the relief agreed on to make insureds whole includes a claims-made offer that remains in place and has not otherwise expired under the terms of the agreement.

(b)The registry must be prominently published on the department's Internet website, and must:

(1)identify:

(A)each insurance company that has entered into an agreement described by Subsection (a); and

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Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 756 (S.B. 698), Sec. 1, eff. September 1, 2009.