28 Tex. Admin. Code § 5.9357 - Filing Requirements
(a) Insurers
writing residential property in underserved areas that may qualify under
Insurance Code Chapter 2251, Subchapter F, concerning Exemptions for Certain
Insurers from Rate Filing and Approval Requirements, must submit rate and rule
filings in compliance with this subsection and with all provisions of §5.9334
(relating to Requirements for Rate and Rule Filing Submissions) not listed in
paragraph (2) of this subsection. If TDI determines that an insurer is not
exempted under Insurance Code §
2251.252(a),
concerning Exemption from Certain Other Law, the insurer must file in
compliance with Division 6 of this subchapter (relating to Filings Made Easy -
Requirements for Rate and Rule Filings).
(1)
Insurers must include a form meeting the elements in subparagraphs (A) and (B)
of this paragraph. The Certification of §2251.251 and §2251.252 Exemption
Compliance (EC-1) Form, found in the Filings Made Easy Guide, may be used to
satisfy these requirements.
(A) The form must
include the following statement: "{Insurance company name} certifies to the
Texas Department of Insurance that the insurance company meets the requirements
of Insurance Code Sections
2251.251 and
2251.252 and qualifies
for the reduced filing requirements of 28 Texas Administrative Code Section
5.9357."
(B) The form must be dated and include the
name, signature, and title of the insurance company representative certifying
the statement.
(2)
Insurers exempted under Insurance Code §
2251.252(a)
are not required to file the supporting information described in §
5.9334(h)(5), (6), (9), (10), (11), (12), and
(13) of this title.
(b) The reduced rate and rule filing
requirements provided under this division do not affect the requirements under
§
5.9941 of this title (relating to
Differences in Rates Charged Due Solely to Difference in Credit Scores) and §
5.9960 of this title (relating to
Exception to Rating Territory Requirements under §
2253.001 of the
Insurance Code).
(c) TDI maintains
the Filings Made Easy Guide to help insurers comply with Texas statutes and
rules. Insurers may obtain this guide from TDI's website at
www.tdi.texas.gov.
Notes
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