Notice of Material Change-Requirements

(a) A notice of material change must be conspicuous, as that term is defined in Business and Commerce Code §1.201(b)(10).

(b) If the notice of material change is included in a renewal notice, the first page of the renewal notice must include:

(1) the notice of material change; or

(2) conspicuous text that clearly indicates the location of the notice of material change in the renewal offer.

(c) A material change might be to the entire policy, or to any part of it.

Source Note: The provisions of this §5.9751 adopted to be effective February 12, 2020, 45 TexReg 909.