Sec. 2251.205. APPLICATION OF FILING REQUIREMENTS TO OTHER INSURERS


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  • An insurer is subject to the filing requirements determined by the commissioner by rule under Section 2251.204 if:

    (1) the insurer, along with the insurer's affiliated companies or group, issues personal automobile liability insurance policies only below 101 percent of the minimum limits required by Chapter 601, Transportation Code; and

    (2) the insurer, along with the insurer's affiliated companies or group, has a market share of less than 3.5 percent of the personal automobile insurance market in this state.

Added by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 3B.072(a), eff. September 1, 2007. Added by Acts 2007, 80th Leg., R.S., Ch. 921 , Sec. 9.072(a), eff. September 1, 2007.