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Texas Administrative Code (Last Updated: March 27,2024) |
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TITLE 28. INSURANCE |
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PART 1. TEXAS DEPARTMENT OF INSURANCE |
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CHAPTER 7. CORPORATE AND FINANCIAL REGULATION |
| SUBCHAPTER A. EXAMINATION AND FINANCIAL ANALYSIS |
| § 7.1. Scope |
| § 7.2. Savings Clause |
| § 7.4. Admissible Assets |
| § 7.5. Discrimination as to Premium Notices to Accident or Health Insurance Policyholders |
| § 7.6. Unearned Premium Reserve for Inland Marine Insurance |
| § 7.7. Subordinated Indebtedness, Surplus Debentures, Surplus Notes, Premium Income Notes, Bonds, or Debentures, and Other Contingent Evidences of Indebtedness |
| § 7.9. Examination of Actuarial Opinion for Property and Casualty Insurers |
| § 7.18. National Association of Insurance Commissioners Accounting Practices and Procedures Manual |
| § 7.20. Premium Notes and Premium Income, Chapter 17 Companies |
| § 7.22. Certification of Assessments/Claims Paid, and Credit against Premium Taxes for Members of the Texas Catastrophe Property Insurance Association under the Insurance Code, Article 21.49 |
| § 7.24. Valuation Date for Investments under the Insurance Code, Article 4.11 |
| § 7.25. Out of State Books and Records |
| § 7.31. Annual Statement Instructions for Farm Mutual Insurance Companies |
| § 7.65. Requirements for Filing the 2008 Annual Statements, the 2009 Quarterly Statements, Other Reporting Forms, and Electronic Data Filings with the Texas Department of Insurance and the NAIC |
| § 7.66. Requirements for Filing the 2009 Annual Statements, the 2010 Quarterly Statements, Other Reporting Forms, and Electronic Data Filings with the Texas Department of Insurance and the NAIC |
| § 7.67. Requirements for Filing the 2010 Annual Statements, the 2011 Quarterly Statements, Other Reporting Forms, and Electronic Data Filings with the Texas Department of Insurance and the NAIC |
| § 7.68. Requirements for Filing the Annual Statements, the Quarterly Statements, Other Reporting Forms, and Electronic Filings with the Texas Department of Insurance and the NAIC |
| § 7.69. Requirements for Filing the 2006 Quarterly and 2006 Annual Statements, Other Reporting Forms, and Electronic Data Filings with the Texas Department of Insurance and the NAIC |
| § 7.83. Appeal of Examination Reports |
| § 7.84. Examination Frequency |
| § 7.85. Audited Financial Reports |
| § 7.86. Custodied Securities |
| § 7.87. Risk Pool Audits |
| § 7.88. Independent Audits of Insurer and HMO Financial Statements and Insurer and HMO Internal Control over Financial Reporting |
| § 7.89. Corporate Governance Annual Disclosure |
| SUBCHAPTER B. INSURANCE HOLDING COMPANY SYSTEMS |
| § 7.201. Forms Filings |
| § 7.202. Definitions |
| § 7.203. Registration of Insurers |
| § 7.204. Transactions Subject to Prior Notice |
| § 7.205. Acquisition or Divestiture Statements--Filing Requirements |
| § 7.209. Form A |
| § 7.210. Form B |
| § 7.211. Form C |
| § 7.212. Form D |
| § 7.213. Form E |
| § 7.214. Form F |
| § 7.215. Group Capital Calculation |
| SUBCHAPTER D. RISK-BASED CAPITAL AND SURPLUS AND OTHER REQUIREMENTS |
| § 7.402. Risk-Based Capital and Surplus Requirements for Insurers and HMOs |
| § 7.403. Transition Period for Certain County Mutual Insurance Companies |
| § 7.404. Transition Period for Stipulated Premium Insurance Companies |
| SUBCHAPTER E. ADMISSION PROCEDURES FOR FOREIGN INSURANCE COMPANIES |
| § 7.501. Reservation of Name |
| § 7.502. General Requirements |
| § 7.503. Certificate of Similarity |
| § 7.504. Disposition of Applications |
| § 7.505. Applicant To Submit Information |
| § 7.506. Documents To Be Verified |
| § 7.507. Forms Incorporated by Reference |
| § 7.508. Biographical Affidavit Requirements |
| SUBCHAPTER F. REINSURANCE |
| § 7.601. Scope |
| § 7.602. Definitions |
| § 7.603. Prohibition against Reinsurance with Assuming Insurers not Authorized to do the Business of Insurance in Texas |
| § 7.604. Assumption Reinsurance |
| § 7.605. Fees |
| § 7.606. Accredited Assuming Insurer |
| § 7.607. Trusteed Assuming Insurer |
| § 7.608. Insurance Ceded to Assuming Insurers not Authorized in Texas, or Accredited, Trusteed, or Certified under this Subchapter |
| § 7.609. Trust Agreement Requirements |
| § 7.610. Letter of Credit Requirements |
| § 7.611. Indemnity Reinsurance Agreements--Required Provisions |
| § 7.612. Reinsurance Agreements Affected |
| § 7.614. Posting of Information, Submissions, and Adoption of Forms by Reference |
| § 7.615. Credit for Reinsurance--Reciprocal Jurisdictions |
| § 7.616. Term and Universal Life Insurance Reserve Financing |
| § 7.621. Certified Assuming Insurers |
| § 7.622. Certification and Rating |
| § 7.623. Change in Rating and Suspension or Revocation of Certification |
| § 7.624. Qualified Jurisdictions |
| § 7.625. Recognition of Certification Issued by an NAIC Accredited Jurisdiction |
| § 7.626. Section Mandatory Funding Clause |
| § 7.627. Additional NRSRO |
| SUBCHAPTER G. REVIEW OF CORPORATE NAMES |
| § 7.701. Standards Governing Approval of Corporate Names |
| § 7.702. General Rules and Policies |
| SUBCHAPTER H. VOLUNTARY DEPOSITS REQUIRED BY THE FEDERAL GOVERNMENT OR ITS AGENCIES |
| § 7.801. Voluntary Deposits |
| § 7.802. Interpretation of Article 1.10, §17 |
| SUBCHAPTER I. INSIDER TRADING AND PROXY SOLICITATION |
| § 7.901. Insider Trading and Proxy Solicitation |
| SUBCHAPTER J. EXAMINATION EXPENSES AND ASSESSMENTS |
| § 7.1001. Examination Assessments for Domestic and Foreign Insurance Companies and Self-Insurance Groups Providing Workers' Compensation Insurance |
| SUBCHAPTER L. PROCEDURES AND REQUIREMENTS FOR LIFE INSURANCE COMPANIES WRITING REINSURANCE FOR PROPERTY AND CASUALTY RISKS |
| § 7.1201. Definitions |
| § 7.1202. Application Process; Notice of Intention |
| § 7.1203. Financial Requirements |
| § 7.1204. Risk Limitations |
| § 7.1205. Records |
| § 7.1206. Forms Required for Life Insurance Companies Reinsuring Property and Casualty Insurance Risks |
| SUBCHAPTER M. REGULATORY FEES |
| § 7.1301. Regulatory Fees |
| § 7.1302. Billing System |
| SUBCHAPTER N. SERVICES OF PROCESS |
| § 7.1401. Purpose |
| § 7.1402. Definitions |
| § 7.1403. Service on Domestic Insurance Companies Licensed by the State Board of Insurance and on Related Entities Authorized to Conduct Business in Texas |
| § 7.1405. Service of Process on Foreign and Alien Insurance Companies Licensed by State Board of Insurance |
| § 7.1406. Service of Process on Foreign Risk Retention Groups Registered with the State Board of Insurance |
| § 7.1407. Service of Process on Foreign Purchasing Groups Doing Business in Texas Pursuant to the Insurance Code, Article 21.54 |
| § 7.1408. Service Process on Third Party Administrators Doing Business in Texas Pursuant to the Insurance Code, Article 21.07-5 |
| § 7.1409. Service of Process on Persons, Insurers, or Other Entities in Receivership |
| § 7.1410. Service of Process on Commissioner on Behalf of Unauthorized Persons or Insurers |
| § 7.1411. Service of Process, Notice, Order, or Pleading on Secretary of State on Behalf of Unauthorized Persons and Insurers |
| § 7.1412. Other Methods of Service |
| § 7.1413. Service of Process on Surplus Lines Insurers |
| § 7.1414. Administrative Procedures |
| § 7.1415. Forms Required To Administer Service of Process |
| SUBCHAPTER P. ADMINISTRATORS |
| § 7.1601. Scope |
| § 7.1602. Definitions |
| § 7.1603. Certificate of Authority Required |
| § 7.1604. Application for Certificate of Authority |
| § 7.1605. Notification Requirements |
| § 7.1606. Requirements Related to Ownership Interest and Change of Control |
| § 7.1607. Facts and Circumstances Affecting Issuance of Certificate of Authority |
| § 7.1608. Fidelity Bond |
| § 7.1609. Annual Report |
| § 7.1610. Financial Statements under the Education Code |
| § 7.1611. Operational Review and On-Site Audit |
| § 7.1612. Fiduciary Bank Accounts |
| § 7.1613. Written Agreements Between Administrators and Insurers |
| § 7.1614. Prohibited Acts |
| § 7.1615. Transfer of Books and Records |
| § 7.1616. Hazardous or Injurious Operating Conditions |
| § 7.1617. Examinations |
| § 7.1618. Severability |
| SUBCHAPTER R. WITHDRAWAL PLAN REQUIREMENTS AND PROCEDURES |
| § 7.1801. Purpose |
| § 7.1802. Definitions |
| § 7.1803. What Constitutes a Line of Insurance |
| § 7.1804. When a Withdrawal Plan is Required |
| § 7.1805. Contents of Withdrawal Plan |
| § 7.1806. Withdrawal Plan Submission and Approval Procedures |
| § 7.1807. Filing of Annual Financial Statement and Other Required Data and Information |
| § 7.1808. Requirements To Resume Writing Insurance |
| § 7.1809. Restriction Plan Contents and Submission Requirements |
| SUBCHAPTER S. MULTIPLE-EMPLOYER WELFARE ARRANGEMENTS REQUIREMENTS FOR OBTAINING AND MAINTAINING CERTIFICATE OF AUTHORIZATION |
| § 7.1901. Scope and Applicability |
| § 7.1902. Definitions |
| § 7.1903. Forms and Documentation Required To Be Filed To Obtain an Initial Certificate of Authority as a Multiple-Employer Welfare Arrangement |
| § 7.1904. Application for Initial Certificate of Authority |
| § 7.1905. Commissioner Review of Application; Issuance of Temporary Certificate of Authority |
| § 7.1906. Application for Final Certificate of Authority |
| § 7.1907. Denial of Final Certificate of Authority and Extension of Initial Certificate of Authority |
| § 7.1908. Required Filing Fees |
| § 7.1909. Benefits Allowed To Be Provided by Multiple-Employer Welfare Arrangements |
| § 7.1910. Required Notice to Participants |
| § 7.1911. Name Eligibility and Proof of Existence |
| § 7.1912. Filings by Multiple-Employer Welfare Arrangements; Report of Cash Reserves; Approval by Commissioner; Additional Actuarial Review |
| § 7.1913. Examination of Multiple-Employer Welfare Arrangements |
| § 7.1914. Duties and Compensation of Trustees, Officers, or Directors |
| § 7.1915. Suspension, Revocation, or Limitation of Certificate of Authority and Other Remedies |
| SUBCHAPTER T. PERMISSIBLE PAYMENTS TO INSURERS, AGENTS AND SPONSORING ORGANIZATIONS |
| § 7.2001. Solicitation of Voluntary Contributions by Sponsoring Organizations |