Texas Insurance Code

§ 551.055 — REASON FOR DECLINATION, CANCELLATION, OR NONRENEWAL REQUIRED

IN § 551.055Title 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. B. DECLINATION, CANCELLATION, AND NONRENEWAL OF CERTAIN LIABILITY AND COMMERCIAL PROPERTY INSURANCE POLICIES

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In a notice to an applicant or insured relating to declination, cancellation, or refusal to renew, an insurer must state the reason for the declination, cancellation, or nonrenewal. The statement must comply with:

(1)Sections 551.002(b) and (c); and

(2)rules adopted under Section 551.002(d). Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005. Amended by:

Legislative history

Acts 2025, 89th Leg., R.S., Ch. 940 (H.B. 2067), Sec. 6, eff. January 1, 2026.