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House Bill 2883 |
House Author: Smithee |
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Effective: 9-1-05 |
Senate Sponsor: Harris |
House Bill 2883 amends provisions of the Insurance Code relating to the Texas Life, Accident, Health, and Hospital Service Insurance Guaranty Association. It updates definitions and provisions relating to the association's administration of its duties and incorporates current revisions of a model law developed by the National Association of Insurance Commissioners. It includes changes to the coverage and limitations provided under the guaranty association act and adds a section on the definition of principal place of business of a plan sponsor. It also adds provisions relating to assessments on member insurers.