Texas Insurance Code - Not Codified - Article 21.79. Group Insurance Of Private Passenger Auto And Residential Property Insurance In Underserved Areas
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Art. 21.79. GROUP INSURANCE OF PRIVATE PASSENGER AUTO AND
RESIDENTIAL PROPERTY INSURANCE IN UNDERSERVED AREAS.
Article repealed effective April 1, 2007
Sec. 1. (a) By rule the commissioner may determine and
designate areas as underserved areas for private passenger auto
insurance or residential property insurance. In determining which
areas will be designated as underserved, the commissioner shall
consider whether such insurance is not reasonably available to a
substantial number of insurable risks and the availability of
insurance and any other relevant factors as determined by the
commissioner. For purposes of this article, residential property
insurance means insurance against loss to real or tangible personal
property at a fixed location provided in a homeowners policy,
residential fire and allied lines policy, or farm and ranch owners
policy.
(b) Group insurance provided under this article may not
include windstorm and hail insurance coverage for a risk eligible
for that coverage under Article 21.49 of this code.
Sec. 2. All insurers authorized to write property or casualty
insurance in this state and writing private passenger auto
insurance or residential property insurance in this state,
including insurers licensed under Chapters 18 and 19 of this code,
are authorized to write such insurance on a group basis in
underserved areas as designated by the commissioner.
Sec. 3. A group may be formed solely for the purpose of
purchasing insurance subject to this article.
Sec. 4. All policy forms and certificates for use in
underserved areas as designated by the commissioner shall be
adopted by the commissioner.
Sec. 5. The rates for coverage shall be subject to the
applicable statutory provisions relating to the respective
insurers.
Sec. 6. The commissioner may adopt any other rules that are
appropriate and necessary to implement this article.
Added by Acts 1995, 74th Leg., ch. 415, Sec. 4, eff. Aug. 28, 1995.
Article: 21.58A 21.58B 21.58C 21.61 21.70 21.72 21.77 21.79 21.79E 21.79H 21.80 21.81 25.01 25.02 25.03
Last modified: August 11, 2007
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