Sec. 1805.057. RATE FILING REVIEW. The commissioner may:
(1) review the rate filing of an insurer that relies on the prospective loss costs provided by an advisory organization; and
(2) require the insurer to provide the insurer's actual data and loss experience in addition to the information provided by the advisory organization.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle A - General Provisions
Chapter 1805 - Joint Underwriting and Advisory Organizations
Subchapter B. Advisory Organizations
Section 1805.051. License Application
Section 1805.052. Issuance of License; Term
Section 1805.053. Information Reported by Advisory Organization
Section 1805.054. Insurer's Authority to Subscribe to Advisory Organization
Section 1805.055. Submission, Receipt, and Use of Information by Insurer
Section 1805.057. Rate Filing Review
Section 1805.058. Prohibited Acts
Section 1805.059. Disciplinary Action