Texas Insurance Code

§ 551.006 — REPORT REQUIRED

IN § 551.006Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 551. PRACTICES RELATING TO DECLINATION, CANCELLATION, AND NONRENEWAL OF INSURANCE POLICIES · Art. A. GENERAL PROVISIONS

Statute text

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(a)An insurer shall provide to the department at least once each quarter a written report summarizing the insurer's reasons for declination, cancellation, or nonrenewal provided to applicants for insurance or policyholders as required by this chapter. The report must be:

(1)in the form and manner prescribed by the commissioner; and

(2)except as provided by Subsection (c), organized by the zip codes of the applicants and policyholders, as applicable, that received the statement.

(b)The department shall post an aggregated summary of the reports provided under this section on the department's Internet website. The aggregated summary:

(1)except as provided by Subsection (c), must be organized by the zip codes of the applicants and policyholders, as applicable; and

(2)may not identify, directly or indirectly, any insurer.

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Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 940 (H.B. 2067), Sec. 3, eff. January 1, 2026.