28 Tex. Admin. Code § 5.5201 - Exempt Commercial Lines
(a) The purpose of this
section is to identify commercial lines of insurance that the commissioner of
insurance has determined should be exempt from the rate filing requirements in
Insurance Code Chapter 2251, Subchapter C, concerning Rate Filings, and the
form filing requirements in Insurance Code Chapter 2301, Subchapter A,
concerning Policy Forms Generally. These exemptions are in addition to the
exceptions for certain lines of insurance listed in Insurance Code §
2251.0031(a),
concerning Exceptions for Certain Lines, and Insurance Code §
2301.0031(a),
concerning Exceptions for Certain Lines.
(b) The rate filing requirements in Insurance
Code Chapter 2251, Subchapter C, and the form filing requirements in Insurance
Code Chapter 2301, Subchapter A, do not apply to any line of the following
kinds of insurance written under a commercial insurance policy or contract:
(1) commercial credit insurance products that
cover outstanding commercial debt, including trade credit insurance and
commercial guaranteed auto protection (GAP) insurance;
(2) crime insurance;
(3) fidelity and surety products, whether
referred to as a bond or insurance, including products that cover crime,
forgery, and employee dishonesty;
(4) financial guaranty;
(5) glass insurance;
(6) hail insurance on farm crops;
(7) rain insurance;
(8) employee benefits liability;
(9) liquor liability;
(10) owners and contractors protective
liability;
(11) railroad protective
liability; or
(12) commercial
tuition withdrawal insurance.
Notes
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