Sec. 2209.306. NONRENEWAL OF COVERAGE. (a) Except as provided by Subsection (b), the pool may refuse to renew the coverage of a nonprofit organization that fails to comply with the pool's underwriting standards.
(b) The pool may not refuse to renew the coverage of a nonprofit organization during the first 24 calendar months following the month in which the nonprofit organization is first provided coverage by the pool if the organization maintains the underwriting standards established by the plan of operation.
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 G - Pools, Groups, Plans, and Self-Insurance
Chapter 2209 - Texas Nonprofit Organizations Liability Pool
Section 2209.301. Scope of Coverage
Section 2209.302. Coverage on Claims-Made Basis
Section 2209.303. Punitive Damages Not Covered
Section 2209.304. Rates and Limits of Coverage
Section 2209.305. Coverage Period
Section 2209.306. Nonrenewal of Coverage