Enrolled Bill Summary

House Bill 1975 subjects the following insurance entities to Articles 1.15 and 1.16 of the Insurance Code: title insurers, domestic fraternal societies, foreign fraternal societies, statewide mutual assessment companies and associations, county mutual insurance companies, group hospital service corporations, the Texas Catastrophe Property Insurance Association, and the Texas Medical Liability Insurance Underwriting Association. Articles 1.15 and 1.16 pertain to examinations of insurance companies for financial solvency and compliance with state law and to assessment of examination expenses by the commissioner of the Texas Department of Insurance.