Tex. Ins. Code § 2003.001 · Subchapter A. EVALUATING FIRE LOSS RISK
FIRE LOSS INFORMATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The department shall ascertain as soon as practicable the annual fire loss in this state.
(b) The department shall, in a manner that will aid in determining equitable insurance rates and methods to reduce annual fire loss and insurance rates of this state or subdivisions of this state:
(1) obtain, make, and maintain records regarding the annual fire loss in this state; and
(2) collect data concerning the annual fire loss as necessary to enable the department to classify:
(A) fire losses in this state;
(B) the causes of those fire losses;
(C) the amount of the premiums collected for fire loss for each class of risk; and
(D) the amount paid for the fire losses.
(c) The commissioner may designate one or more advisory organizations or other agencies to gather, audit, and compile the fire loss experience of insurers. The insurers shall bear the costs incurred under this subsection.
(d) To implement this section, the department may:
(1) employ clerical personnel, inspectors, experts, and other assistants; and
(2) incur other necessary expenses.
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.2003.htm
- Text hash
- sha256 bac8223aef720f8bf536ed1599e18e41195dc1209f4b9d818e2f03dd0e6aa443
- 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
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.