Sec. 1953.103. EXCHANGE OF INFORMATION AND EXPERIENCE DATA WITH OTHER STATES. To further the uniform administration of rating laws, the department or an insurer may:
(1) exchange information and experience data with insurance supervisory officials, insurers, and rating organizations in other states; and
(2) consult and cooperate with the individuals or entities described by Subdivision (1) with respect to ratemaking and the application of rating systems.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1H.001, eff. April 1, 2009.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle C - Automobile Insurance
Chapter 1953 - Rate Regulation and Ratemaking for Automobile Insurance
Subchapter C. Loss and Expense Experience
Section 1953.101. Recording and Reporting of Loss and Expense Experience and Other Data
Section 1953.102. Rules Allowing Interchange of Loss Experience Information
Section 1953.103. Exchange of Information and Experience Data With Other States