Texas Insurance Code

§ 551.109 — INSURER STATEMENT

IN § 551.109Title 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. C. DECLINATION, CANCELLATION, AND NONRENEWAL OF

Statute text

View on source

An insurer shall provide a written statement of the reason for a declination of a completed and submitted application for an insurance policy or a cancellation or nonrenewal of an insurance policy. 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. 7, eff. January 1, 2026.