Tex. Ins. Code § 2053.054 · Subchapter B. RATE ADMINISTRATION
USE OF INCURRED CLAIMS EXPERIENCE IN FUTURE RATINGS REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Regardless of a change in a policyholder's ownership, control, management, or operations, incurred claims experience must be used in future ratings to ensure that an employer does not evade an unfavorable or high-cost experience.
(b) On application by an affected party, the department may modify a rating under Subsection (a) on proof that a change in a policyholder's management or operations is clearly designed to result in a probable reduction of the insured's loss experience.
(c) The commissioner shall adopt rules necessary to implement this section.
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.2053.htm
- Text hash
- sha256 ef875a308bace0cdced59a34be1dc67c1dec83da3b956e463f3489dc887ce70e
- 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.