Sec. 551.001. RULES. (a) The commissioner may, as necessary, adopt and enforce reasonable rules, including notice requirements, relating to the cancellation and nonrenewal of any insurance policy regulated by the department under:
(1) Chapter 5;
(2) Chapter 1804, 1805, 2171, or 2301; or
(3) Subtitle C, D, E, or F, Title 10.
(a-1) Notwithstanding Subsection (a), Subsection (a) does not apply to:
(1) an insurance policy subject to Subchapter B or C of this chapter; or
(2) a marine insurance policy other than inland marine.
(b) In adopting rules under this section, the commissioner shall consider the reasonable needs of the public and the operations of the insurers.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2D.012, eff. April 1, 2009.
Section: 551.001 551.002 551.003 551.004 551.005 551.051 551.052 551.053 551.054 551.055 551.101 551.102 551.103 551.104 551.105 NextLast modified: September 28, 2016