Texas Insurance Code Title 10, Chapter 2251 - Rates

SUBCHAPTER A GENERAL PROVISIONS FOR RATES

• Texas Section 2251.001 - Purpose
  The purposes of this subchapter and Subchapters B, C, D, and E are to: (1) promote the public welfare by regulating insurance rates to prohibit...
• Texas Section 2251.002 - Definitions
  In this chapter: (1) "Disallowed expenses" includes: (A) administrative expenses, other than acquisition, loss control, and safety engineering expenses, that exceed 110 percent of the...
• Texas Section 2251.003 - Applicability Of Certain Subchapters
  (a) This subchapter and Subchapters B, C, and D apply to: (1) an insurer to which Article 5.13 applies, other than the Texas Windstorm Insurance...
• Texas Section 2251.004 - Regulation Of Inland Marine Rates
  The commissioner shall adopt rules governing the manner in which rates for the various classifications of risks insured under inland marine insurance, as determined by...
• Texas Section 2251.005 - Notice Of Rate Increase For Residential Property Insurance Policies
  (a) An insurer shall notify a policyholder of a residential property insurance policy issued by the insurer of a rate increase scheduled to take effect...
• Texas Section 2251.006 - Consideration Of Certain Other Law
  In reviewing rates under this chapter, the commissioner shall consider any state or federal law that may affect rates for liability coverage included in an...
• Texas Section 2251.007 - Administrative Procedure Act Applicable
  Chapter 2001, Government Code, applies to all rate hearings conducted under this chapter. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2,...

SUBCHAPTER B RATE STANDARDS

• Texas Section 2251.008 - Annual Report Of Insurer; Legislative Report
  (a) The commissioner shall require each insurer subject to this subchapter to annually file with the commissioner information relating to changes in losses, premiums, and...
• Texas Section 2251.051 - Excessive, Inadequate, And Unfairly Discriminatory Rates
  (a) A rate is excessive, inadequate, or unfairly discriminatory for purposes of this chapter as provided by this section. (b) A rate is excessive if...

SUBCHAPTER C RATE FILINGS

• Texas Section 2251.052 - Rate Standards
  (a) In setting rates, an insurer shall consider: (1) past and prospective loss experience: (A) inside this state; and (B) outside this state if the...
• Texas Section 2251.101 - Rate Filings And Supporting Information
  (a) Except as provided by Subchapter D, for risks written in this state, each insurer shall file with the commissioner all rates, applicable rating manuals,...
• Texas Section 2251.1025 - Filing Requirements For Certain Personal Automobile Insurers With Less Than 3
  Sec. 2251.1025. FILING REQUIREMENTS FOR CERTAIN PERSONAL AUTOMOBILE INSURERS WITH LESS THAN 3.5 PERCENT OF MARKET. (a) An insurer is subject to the filing requirements...
• Texas Section 2251.103 - Commissioner Action Concerning Rate Filing Not Yet In Effect; Hearing And Analysis
  (a) Not later than the earlier of the date the rate takes effect or the 30th day after the date a rate is filed with...
• Texas Section 2251.1031 - Requests For Additional Information
  (a) If the department determines that the information filed by an insurer under this subchapter or Subchapter D is incomplete or otherwise deficient, the department...
• Texas Section 2251.104 - Commissioner Disapproval Of Rate In Effect; Hearing
  (a) The commissioner may disapprove a rate that is in effect only after a hearing. The commissioner shall provide the filer at least 20 days'...
• Texas Section 2251.105 - Grievance
  (a) An insured who is aggrieved with respect to any filing under this chapter that is in effect, or the public insurance counsel, may apply...
• Texas Section 2251.106 - Role Of Public Insurance Counsel
  (a) On request to the commissioner, the public insurance counsel may review all rate filings and additional information provided by an insurer under this chapter....

SUBCHAPTER D PRIOR APPROVAL OF RATES UNDER

• Texas Section 2251.107 - Public Information
  (a) Each filing made, and any supporting information filed, under this chapter is public information subject to Chapter 552, Government Code, including any applicable exception...
• Texas Section 2251.151 - Requirement To File Rates For Prior Approval Under Certain Circumstances
  (a) The commissioner by order may require an insurer to file with the department for the commissioner's approval all rates, supplementary rating information, and any...
• Texas Section 2251.152 - Rate Approval Required; Exception
  (a) An insurer subject to this subchapter may not use a rate until the rate has been filed with the department and approved by the...
• Texas Section 2251.153 - Commissioner Action
  (a) Not later than the 30th day after the date a rate is filed with the department under this subchapter, the commissioner shall: (1) approve...
• Texas Section 2251.155 - Rate Filing Approval By Commissioner; Use Of Rate
  (a) The commissioner shall approve a rate filing under this subchapter if the proposed rate is adequate, not excessive, and not unfairly discriminatory. (b) If...

SUBCHAPTER F EXEMPTIONS FOR CERTAIN INSURERS FROM RATE FILING AND APPROVAL REQUIREMENTS

• Texas Section 2251.156 - Rate Filing Disapproval By Commissioner; Hearing
  (a) If the commissioner disapproves a rate filing under Section 2251.153(a)(2), the commissioner shall issue an order disapproving the filing in accordance with Section 2251.103(d)....
• Texas Section 2251.251 - Applicability Of Subchapter
  This subchapter applies to: (1) an insurer, including an insurance company, a reciprocal or interinsurance exchange, a mutual insurance company, a capital stock insurance company,...
• Texas Section 2251.252 - Exemption From Certain Other Law
  (a) Except as provided by Subsections (b) and (c), an insurer is exempt from the rate filing and approval requirements of this chapter if the...

Last modified: September 28, 2016