Texas Statutes
Subchapter C. Nonrenewal, Cancellation, and Revision
Section 402.104. Content of Report Concerning Material Nonrenewals, Cancellations, and Revisions

Sec. 402.104. CONTENT OF REPORT CONCERNING MATERIAL NONRENEWALS, CANCELLATIONS, AND REVISIONS. In a report of a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement under Section 402.002, an insurer or health maintenance organization shall disclose:
(1) the effective date of the nonrenewal, cancellation, or revision;
(2) a description of the transaction that identifies the initiator of the transaction;
(3) the purpose of the transaction; and
(4) if applicable, the identity of each replacement reinsurer.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

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