Sec. 2210.701. DEPOPULATION PROGRAM. (a) The association shall administer, subject to commissioner approval, a depopulation program that encourages the transfer of association policies to insurers through the voluntary market or assumption reinsurance.
(b) An insurer engaged in the business of property and casualty insurance in this state may elect to participate in the depopulation program.
Added by Acts 2015, 84th Leg., R.S., Ch. 615 (S.B. 900), Sec. 30, eff. September 1, 2015.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2210 - Texas Windstorm Insurance Association
Subchapter O. Depopulation Program
Section 2210.701. Depopulation Program
Section 2210.702. Assumption Reinsurance Depopulation
Section 2210.703. Renewal of Reinsured Policies; Comparable Coverage
Section 2210.704. Confidentiality of Information; Use of Policyholder's Agent