28 Tex. Admin. Code § 5.9502 - Texas Catastrophe Event Statistical Plan for Personal and Commercial Risks
(a) Purpose and
applicability.
(1) The purpose of this
section is to establish requirements for the reporting of catastrophe-related
data by insurers under Insurance Code Chapter 38, Subchapter E and Insurance
Code §
38.001.
(2) This section applies to all reports
required to be filed under the Texas Catastrophe Event Statistical Plan for
Personal and Commercial Risks for reporting dates beginning on or after the
effective date of the plan. Insurers must report their claim and loss
experience after each specified catastrophe event. Insurers are not required to
report data under the statistical plan until TDI has activated the statistical
plan for a specific event and requested information under Insurance Code §
38.001 through a
bulletin on TDI's website at www.tdi.texas.gov.
(b) Data reporting notice. TDI will notify
insurers, including surplus lines and farm mutual insurers, of data reporting
under the Texas Catastrophe Event Statistical Plan for Personal and Commercial
Risks by posting a data request under Insurance Code §
38.001 through a
bulletin on TDI's website at www.tdi.texas.gov.
(c) Response requirements. A response must
comply with the reporting requirements and instructions specified in the Texas
Catastrophe Event Statistical Plan for Personal and Commercial Risks adopted by
reference in subsection (e) of this section.
(d) Confidential information. Under Insurance
Code §
38.001(d),
a response made under this section, whether to a statistical agent or to TDI,
that is otherwise privileged or confidential by law remains privileged or
confidential until introduced into evidence at an administrative hearing or in
a court. Insurers should identify what documents are privileged or confidential
in their responses.
(e) Adoption by
reference. The Commissioner adopts by reference the Texas Catastrophe Event
Statistical Plan for Personal and Commercial Risks, First Edition, August 2020.
This document is published by TDI and is available on TDI's website at
www.tdi.texas.gov.
Notes
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