28 Tex. Admin. Code § 5.4266 - Expert Panel Duties
(a) The expert panel
must develop methods or models for determining the extent to which a loss to
insurable property, as defined in Insurance Code §
2210.004, may be or
was incurred as a result of wind, waves, tidal surges, or rising waters not
caused by waves or surges in the catastrophe area designated by the
commissioner in Insurance Code §
2210.005.
(b) The expert panel must promptly respond to
requests for information from the commissioner or the commissioner's
designee.
(c) The expert panel must
transfer records of the data and research it used to develop the methods or
models described in this section to the department, which must store the
records.
(d) The department owns
and retains ownership of data the expert panel gathers in performing its duties
under this section and of the methods or models developed under this
section.
Notes
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