Tex. Ins. Code § 551.002 · Subchapter A. GENERAL PROVISIONS
WRITTEN STATEMENT OF REASONS FOR DECLINATION, CANCELLATION, OR NONRENEWAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner shall require an insurer that declines a completed and submitted application for or cancels or refuses to renew an insurance policy to which Section 551.001 applies to provide to the applicant or policyholder or the applicant's agent in accordance with Section 551.007, as applicable, a written statement of the reasons for the declination, cancellation, or nonrenewal of the policy.
(b) An insurer's written statement giving the reasons for the declination, cancellation, or nonrenewal of an insurance policy must fully explain a decision that adversely affects an applicant for insurance or a policyholder by denying the applicant or policyholder insurance coverage or continued coverage.
(c) The statement must:
(1) state the precise incident, circumstance, or risk factors applicable to the applicant for insurance or the policyholder that violates any applicable guidelines;
(2) state the source of information on which the insurer relied regarding the incident, circumstance, or risk factors; and
(3) specify any other information considered relevant by the commissioner.
(d) The commissioner shall adopt rules as necessary to implement this section.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 940 (H.B. 2067), Sec. 2, eff. January 1, 2026.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.551.htm
- Text hash
- sha256 0df86fbb18d952d135d379b3653498d5cfa5808653dcdb5d7b314860a9029d38
- 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.
Cited by 3 provisions
Provisions in this library whose text cites Tex. Ins. Code § 551.002. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 551.055REASON FOR DECLINATION, CANCELLATION, OR NONRENEWAL REQUIRED.Printed as Section 551.002(d) | Sections 551.002(b)
- Tex. Ins. Code § 551.109INSURER STATEMENT.Printed as Section 551.002(d) | Sections 551.002(b)
- Tex. Ins. Code § 2172.004APPLICABILITY OF INSURANCE LAWS.Printed as Section 551.002
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.