Amend CSSB 14 (House Committee Printing) as follows:                         
	(1)  Insert the following new ARTICLE 4A to read as follows:                   

ARTICLE 4A. EXEMPTIONS FROM CERTAIN RATE REQUIREMENTS
	SECTION 4A.01. Subchapter B, Chapter 5, Insurance Code, is 
amended by adding Article 5.13-2C to read as follows:
	Art. 5.13-2C.  EXEMPTIONS FROM RATE FILING AND APPROVAL 
REQUIREMENTS FOR CERTAIN INSURERS
	Sec. 1.  DEFINITIONS.  In this article:                                 
		(1)  "Credit score" has the meaning assigned by Article 
21.49-2U of this code.
		(2)  "Insurer" means an insurance company, reciprocal 
or interinsurance exchange, mutual insurance company, capital 
stock company, county mutual insurance company, Lloyd's plan, or 
other legal entity authorized to write residential property 
insurance in this state. The term includes an affiliate, as 
described by this code, if that affiliate is authorized to write 
residential property insurance.
		(3)  "Residential property insurance" means insurance 
coverage against loss to real or tangible personal property at a 
fixed location that is provided through a homeowners policy, 
including a tenants policy, a condominium owners policy, or a 
residential fire and allied lines policy.
	Sec. 2.  APPLICABILITY.  (a) Except as provided by 
Subsection (b) of this section, this article applies only to an 
insurer that, during the calendar year preceding the date filing is 
otherwise required under Article 5.13-2 or Article 5.142 of this 
code, issued residential property insurance policies in this state 
that accounted for less than two percent of the total amount of 
premiums collected by insurers for residential property insurance 
policies issued in this state, more than 50 percent of which cover 
property:
		(1)  valued at less than $100,000; and                                 
		(2)  located in an area designated by the commissioner 
as underserved for residential property insurance under Article 
5.35-3 of this code.
	(b)  If an insurer described by Subsection (a) of this 
section is a member of an affiliated insurance group, this article 
applies to the insurer only if the total aggregate premium 
collected by the group accounts for less than two percent of the 
total amount of premiums collected by insurers for residential 
property insurance policies issued in this state.
	Sec. 3.  EXEMPTION.  (a) Except as provided by Subsection (b) 
of this section, an insurer described by Section 2 of this article 
is exempt from the rate filing and approval requirements of Article 
5.13-2 of this code, as effective on and after September 1, 2004.
	(b)  An insurer described by Section 2 of this article that 
proposes to increase the premium rates charged policyholders for a 
residential property insurance product by 10 percent or more than 
the amount the insurer charged policyholders for the same or an 
equivalent residential property insurance product during the 
preceding calendar year must file the insurer's proposed rates in 
accordance with Article 5.142 or Article 5.13-2 of this code, as 
applicable, and obtain approval of the proposed rates as provided 
by the applicable article.
	(c)  Articles 5.142 and 5.143 of this code do not apply to an 
insurer described by Section 2 of this article.
	(2)  Strike added Subchapter H, Chapter 911, Insurance Code.