Biennial Report to the 83rd Texas Legislature: Department of Insurance Page: 3
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Table of Contents
Agency Overview and Update..................................................................................................................4
Recommendations .......................................................................................................................................7
Financial
ORSA................................................................................................................................................................7
Information Sharing .......................................................................................................................................8
Captives ......................................................................................................................................................... 10
O utdated and Inconsistent Provisions in Current Law ..................................................................... 12
Regulatory Policy
Refund of Premium: Homeowners and Personal Automobile Insurance Policies ........................ 15
Outdated and Inconsistent Provisions in Current Law: Uninsured/Underinsured Motorists
Coverage (U M /U IM ) - Stracener Case ................................................................................................... 16
Three-Share Program Oversight................................................................................................................ 18
Leveling the Playing Field........................................................................................................................... 20
Compliance
Punishment Provisions for Acting as an Agent after License Suspension or Revocation............ 22
Fraud Investigations .................................................................................................................................... 23
Special Prosecutors ...................................................................................................................................... 24
Insurer's D uty to Provide Inform ation ................................................................................................ 25
Confidentiality Provisions of Texas Insurance Code, Section 701.151 .......................................... 26
State Fire Marshal's Office
Inspections of State O w ned Facilities................................................................................................... 27
Workers' Compensation
Clarify Labor Code to State that TDI's and DWC's Names May Not Be Used in a Deceptive
Manner........................................................................................................................................................... 29
Legislative Considerations ..................................................................................................................... 31
TWIA ............................................................................................................................................................ 31
A ttracting N ew Capital to Texas .......................................................................................................... 33
Named-Driver Policies................................................................................................................................ 34
PPOs and EPOs .......................................................................................................................................... 36
Section 1033 Waiver.................................................................................................................................... 39
Pre-Dispute Arbitration .............................................................................................................................. 41
Amusement Rides ........................................................................................................................................ 43
A ppendix A : Reduced Rate Filing Requirem ents Study .................................................................. 453
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Texas. Department of Insurance. Biennial Report to the 83rd Texas Legislature: Department of Insurance, report, December 2012; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth575994/m1/4/: accessed June 23, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.