By Lewis of Tarrant H.B. No. 2478
76R8936 AJA-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the insurers that must provide their underwriting
1-3 guidelines to the Texas Department of Insurance and the office of
1-4 public insurance counsel.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Article 1.24D, Insurance Code, is amended by
1-7 adding Subsection (e) to read as follows:
1-8 (e) Notwithstanding any other law, this article applies to
1-9 the underwriting guidelines of any insurance company, reciprocal or
1-10 interinsurance exchange, mutual, county mutual, association,
1-11 Lloyd's plan, or other insurer in this state.
1-12 SECTION 2. This Act takes effect September 1, 1999.
1-13 SECTION 3. The importance of this legislation and the
1-14 crowded condition of the calendars in both houses create an
1-15 emergency and an imperative public necessity that the
1-16 constitutional rule requiring bills to be read on three several
1-17 days in each house be suspended, and this rule is hereby suspended.