RegCorpus.comSubscribe
Texas library
Regulation28 TAC §5.4702

Requirement for Vote of Rate Filing and Prohibition on Purchasing Reinsurance from Certain Insurers or Brokers

Texas · Department of Insurance · effective November 14, 2021
First seen July 20, 2026 · last checked July 20, 2026
Version history
v1fetched Jul 20, 2026·effective Nov 14, 20215637a1c12daa
Full text
Public law · full text
1
(a) The Texas Windstorm Insurance Association (TWIA) board of directors must comply with Insurance Code §2210.3512 in all votes on proposed rate filings.
2
(b) TWIA must comply with Insurance Code §2210.453(f) in all purchases of reinsurance under §2210.453.
3
(c) This section is part of TWIA's plan of operation.
4
Source Note: The provisions of this §5.4702 adopted to be effective November 14, 2021, 46 TexReg 7802.