Sec. 830.007. CONTENTS OF SUMMARY REPORT. (a) An insurer shall prepare a summary report in accordance with the guidance manual and subject to the requirements of Subsection (b). An insurer shall maintain documentation and supporting information and shall make the documentation and supporting information available on examination or on request of the commissioner.
(b) When reviewing the summary report or making requests for additional information, the department shall use procedures similar to the procedures currently used in the analysis and examination of multistate or global insurers and insurance groups.
Added by Acts 2015, 84th Leg., R.S., Ch. 39 (S.B. 655), Sec. 1, eff. May 19, 2015.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Chapter 830 - Own Risk and Solvency Assessment
Section 830.001. Applicability and Purpose
Section 830.003. Risk Management Framework
Section 830.004. Own Risk and Solvency Assessment Requirement
Section 830.005. Summary Report Required
Section 830.007. Contents of Summary Report
Section 830.008. Confidentiality
Section 830.009. Agreement Concerning Confidential and Privileged Information
Section 830.010. Authority of Commissioner Not Affected