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Amend third reading Amendment No. 1 by Eiland to SB 14 as
follows:
(1) In item (1) of the amendment (page 1, lines 6-7), strike
"begins on the date on which the commissioner enters the order" and
substitute "begins on the date the department first provides the
insurer with formal written notice that the insurer's filed rate is
excessive or unfairly discriminatory".
(2) Strike the SECTION of the amendment that amends Section
202.052(a), Insurance Code, and the SECTION following that SECTION
(page 2, lines 2-19).
(3) In added Subsection (e), Section 751.101, Insurance Code
(page 9, line 15), strike "If" and substitute "Subject to a
determination under Subsection (c), if".
(4) Strike added Subsection (f), Article 5.43, Insurance
Code (page 21, line 30, through page 22, line 1), substitute the
following, and amend the recital to the SECTION amending Article
5.43, Insurance Code, appropriately:
(d) This article applies to an insurer that uses a tier
classification or discount program that has a premium consequence
based in whole or in part on claims experience, without regard to
whether any of the policies that continuously covered the
policyholder, as described by Subsections (b)(1) and (2) of this
article, was a different type of residential property insurance
policy from the policy eligible for the discount.