(b) Whenever any action shall be brought by any company under any provision of this article within said period of thirty (30) days, no penalties nor forfeitures shall attach or accrue on account of the failure of the plaintiff to comply with the orders, schedules, rates or regulations sought to be vacated in such action until the final determination of the same.
(c) Either party to any such action, if dissatisfied with the judgment or decree of said court, may appeal therefrom as in other civil cases. No action shall be brought in any court of the United States to set aside any orders, rates, schedules or regulations made by said Board under the provisions of this law until all of the remedies provided herein shall have been exhausted by the party complaining.
(d) Notwithstanding Subsections (a)-(c) of this article, on and after the effective date of S.B. No. 14, Acts of the 78th Legislature, Regular Session, 2003, rates for homeowners and residential fire and residential allied lines insurance coverage under this subchapter are determined, and hearings related to those rates are conducted, as provided by Subchapter Q of this chapter, and rates for other lines of insurance subject to this subchapter are determined as provided by Article 5.13-2 of this code, except that on and after December 1, 2004, rates for all lines of insurance subject to this subchapter are determined as provided by Article 5.13-2 of this code.
Acts 1951, 52nd Leg., p. 868, ch. 491.
Amended by Acts 1991, 72nd Leg., ch. 242, Sec. 2.35, eff. Sept. 1, 1991; Subsec. (d) amended by Acts 1991, 72nd Leg., 2nd C.S., ch. 12, Sec. 8.20, eff. Jan. 1, 1992; amended by Acts 1995, 74th Leg., ch. 984, Sec. 23, eff. Sept. 1, 1995; Subsec. (d) amended by Acts 1997, 75th Leg., ch. 1330, Sec. 15, eff. Sept. 1, 1997; Subsec. (d) amended by Acts 2003, 78th Leg., ch. 206, Sec. 21.26, eff. June 11, 2003.
Structure Texas Statutes
Title 1 - The Insurance Code of 1951
Chapter 5 - Rating and Policy Forms
Subchapter C. Fire Insurance and Allied Lines
Article 5.25. Board Shall Fix Rates
Article 5.25A. Rates Applicable to Certain Locations
Article 5.25-3. Fire Insurance Rates and Fire Suppression Ratings for Border Municipality
Article 5.26. Maximum Rate Fixed, and Deviations Therefrom
Article 5.27. No Company Exempt
Article 5.28. Statements and Books
Article 5.29. Schedule and Report
Article 5.30. Analysis of Rate
Article 5.31. Change or Limit of Rate
Article 5.32. Petition for Change
Article 5.39. Complaint of Rates or Orders