|
House Bill 1944 |
House Author: Lucio III et al. |
|
Effective: 9-1-19 |
Senate Sponsor: Hancock |
Current law authorizes the commissioner of insurance to extend deadlines for claims settlement and dispute resolution under the Texas Windstorm Insurance Association Act on a showing of good cause. House Bill 1944 amends the Insurance Code to authorize the commissioner to set the length of such a deadline extension and to replace the cap on the aggregate length of deadline extensions for claims filed during a particular catastrophe year with a cap on the aggregate length of the extension of deadlines that apply to the Texas Windstorm Insurance Association (TWIA) only and that relate to claims arising from a particular storm. The cap does not affect the extension of a deadline applicable to a claimant or to both TWIA and a claimant.