Tex. Ins. Code § 1901.253 · Subchapter F. COVERAGE
NOTICE OF PREMIUM INCREASE, CANCELLATION, OR NONRENEWAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An insurer that issues a professional liability insurance policy for a physician or health care provider must provide to the insured written notice of at least 90 days if the insurer intends to:
(1) increase the premiums on the policy; or
(2) cancel or not renew the policy for a reason other than for nonpayment of premiums or because the insured is no longer licensed.
(b) If the insurer intends to increase the premiums, the insurer shall state in the notice the amount of the increase.
(c) If the insurer intends to cancel or not renew the policy, the insurer shall state in the notice the reason for cancellation or nonrenewal.
(d) An insurer may provide notice of cancellation under this section only within the first 90 days from the effective date of the policy.
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.1901.htm
- Text hash
- sha256 9b5cb25bab0b05f2fd0f3e230cf6eb5a54a35b424f2d7d89347f786df882c805
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 1901.253. Each shows the citation as that text prints it.
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.