28 Tex. Admin. Code § 5.9357

Current through Reg. 49, No. 25; June 21, 2024
Section 5.9357 - Filing Requirements
(a) Insurers writing residential property in underserved areas that may qualify under Insurance Code Chapter 2251, Subchapter F, concerning Exemptions for Certain Insurers from Rate Filing and Approval Requirements, must submit rate and rule filings in compliance with this subsection and with all provisions of §5.9334 (relating to Requirements for Rate and Rule Filing Submissions) not listed in paragraph (2) of this subsection. If TDI determines that an insurer is not exempted under Insurance Code § 2251.252(a), concerning Exemption from Certain Other Law, the insurer must file in compliance with Division 6 of this subchapter (relating to Filings Made Easy - Requirements for Rate and Rule Filings).
(1) Insurers must include a form meeting the elements in subparagraphs (A) and (B) of this paragraph. The Certification of §2251.251 and §2251.252 Exemption Compliance (EC-1) Form, found in the Filings Made Easy Guide, may be used to satisfy these requirements.
(A) The form must include the following statement: "{Insurance company name} certifies to the Texas Department of Insurance that the insurance company meets the requirements of Insurance Code Sections 2251.251 and 2251.252 and qualifies for the reduced filing requirements of 28 Texas Administrative Code Section 5.9357."
(B) The form must be dated and include the name, signature, and title of the insurance company representative certifying the statement.
(2) Insurers exempted under Insurance Code § 2251.252(a) are not required to file the supporting information described in §5.9334(h)(5), (6), (9), (10), (11), (12), and (13) of this title.
(b) The reduced rate and rule filing requirements provided under this division do not affect the requirements under § 5.9941 of this title (relating to Differences in Rates Charged Due Solely to Difference in Credit Scores) and § 5.9960 of this title (relating to Exception to Rating Territory Requirements under § 2253.001 of the Insurance Code).
(c) TDI maintains the Filings Made Easy Guide to help insurers comply with Texas statutes and rules. Insurers may obtain this guide from TDI's website at www.tdi.texas.gov.

28 Tex. Admin. Code § 5.9357

The provisions of this §5.9357 adopted to be effective February 10, 2005, 30 TexReg 548; amended to be effective August 13, 2006, 31 TexReg 6221; Amended by Texas Register, Volume 39, Number 45, November 7, 2014, TexReg 8714, eff. 11/16/2014; Amended by Texas Register, Volume 44, Number 29, July 19, 2019, TexReg 3651, eff. 7/28/2019; Amended by Texas Register, Volume 49, Number 01, January 5, 2024, TexReg 0052, eff. 1/8/2024