SECTION 5.9501. Texas Commercial Lines Statistical Plan

(a) Purpose and Applicability.

(1) The purpose of this section is to establish requirements for the reporting of premium and loss data by direct commercial lines insurers under Insurance Code Chapter 38, Subchapter E.

(2) Under Insurance Code §38.202, the commissioner has designated a statistical agent for commercial lines of insurance.

(3) As provided by Insurance Code §38.205, all insurers writing direct commercial lines business in Texas are required to provide a report of their premium and loss cost experience to the commissioner or the statistical agent designated under Insurance Code §38.202. The report must comply with the reporting requirements and instructions specified in the Texas Commercial Lines Statistical Plan adopted by reference in subsection (b) of this section.

(4) This section applies to all reports required to be filed with the department under this section for reporting periods beginning on or after July 1, 2017.

(b) Adoption by Reference. The commissioner adopts by reference the Texas Commercial Lines Statistical Plan, effective July 1, 2017. This document is published by the department and is available on the department's website at www.tdi.texas.gov.

Source Note: The provisions of this §5.9501 adopted to be effective December 8, 2009, 34 TexReg 8730; amended to be effective June 23, 2016, 41 TexReg 4488