By: Brimer H.B. No. 218 73R1927 DLF-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to employer's liability insurance. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Subchapter B, Chapter 5, Insurance Code, is 1-5 amended by adding Article 5.16 to read as follows: 1-6 Art. 5.16. EMPLOYER'S LIABILITY INSURANCE. (a) Subject to 1-7 the requirements of this subchapter, an insurer governed by this 1-8 subchapter may issue excess employer's liability insurance and 1-9 liability insurance covering losses arising out of the direct or 1-10 indirect management of an employee welfare benefit plan established 1-11 in accordance with the Employee Retirement Income Security Act of 1-12 1974 (29 U.S.C. Sec. 1001 et seq.). 1-13 (b) Articles 5.14 and 5.15 of this code apply to the filing 1-14 and approval of rates for coverage under this article. 1-15 (c) Notwithstanding Subsection (b) of this article, rates 1-16 and forms for coverage under this article are governed by Article 1-17 5.13-2 of this code. This subsection expires December 31, 1995. 1-18 SECTION 2. This Act takes effect September 1, 1993, and 1-19 applies only to an insurance policy that is delivered, issued for 1-20 delivery, or renewed on or after January 1, 1994. A policy that is 1-21 delivered, issued for delivery, or renewed before January 1, 1994, 1-22 is governed by the law as it existed immediately before the 1-23 effective date of this Act, and that law is continued in effect for 1-24 that purpose. 2-1 SECTION 3. The importance of this legislation and the 2-2 crowded condition of the calendars in both houses create an 2-3 emergency and an imperative public necessity that the 2-4 constitutional rule requiring bills to be read on three several 2-5 days in each house be suspended, and this rule is hereby suspended.