SECTION 7.31. Annual Statement Instructions for Farm Mutual Insurance Companies

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Companies operating under the Insurance Code, Chapter 16, which file the annual statement form adopted by the board for farm mutual insurance companies and that have less than $750,000 total direct plus assumed written premiums during a calendar year, are not required to comply with the Insurance Code, Article 1.11(c), by filing an actuarial opinion with the annual statement. Farm mutual insurance companies writing less than $750,000 direct plus assumed written premium may be required to file an actuarial opinion if requested by the commissioner.

Source Note: The provisions of this §7.31 adopted to be effective November 30, 1992, 17 TexReg 8009.

                    
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