78R8458 AJA-D

By:  Alonzo                                                       H.B. No. 2869


A BILL TO BE ENTITLED
AN ACT
relating to regulation of insurers writing professional liability insurance for physicians and health care providers. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Article 5.15-1, Insurance Code, is amended by adding Section 11 to read as follows: Sec. 11. APPLICABILITY OF INSURANCE LAWS. Notwithstanding any other law, an insurer that writes professional liability insurance for physicians or other health care providers, including the joint underwriting association established under Article 21.49-3 of this code, a medical liability self-insurance trust authorized under Article 21.49-4 of this code, a Lloyd's plan operating under Chapter 941 of this code, and an exchange operating under Chapter 942 of this code, is subject to the insurance laws of this state applicable to an insurer writing that type of coverage. SECTION 2. This Act applies only to a policy of professional liability insurance for physicians and health care providers delivered, issued for delivery, or renewed on or after January 1, 2004. A policy of professional liability insurance for physicians and health care providers delivered, issued for delivery, or renewed before that date is governed by the law in effect immediately before the effective date of this Act, and that law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2003.