Tex. Ins. Code § 1805.055 · Subchapter B. ADVISORY ORGANIZATIONS
SUBMISSION, RECEIPT, AND USE OF INFORMATION BY INSURER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (b), an insurer may submit to or receive from an advisory organization the following only if the advisory organization holds a license issued under this subchapter:
(1) statistical plans;
(2) historical data;
(3) prospective loss costs;
(4) supplementary rating information;
(5) policy forms and endorsements;
(6) research;
(7) rates of individual insurers that are effective at the time the information is submitted or received or that were previously in effect; and
(8) performance of inspections.
(b) An insurer may not:
(1) accept from an advisory organization recommendations for rates; or
(2) submit to or receive from an advisory organization recommendations for profit or expenses other than loss adjustment expenses.
(c) An insurer that subscribes to an advisory organization may use prospective loss costs, supplementary rating information, and policy forms filed by the advisory organization under Section 1805.053(a) and may incorporate the information into the insurer's filings.
(d) Notwithstanding any other law, an insurer that reports data under this subchapter is not relieved of the responsibility of reporting that data directly to the department at the department's request.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1805.htm
- Text hash
- sha256 a99fe9422c9b3db115665aec78e0f003b2e7b2a5ef933b128b05b9c26911674f
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.