This website will be unavailable from Thursday, May 30, 2024 at 6:00 p.m. through Monday, June 3, 2024 at 7:00 a.m. due to data center maintenance.



	
Amend SB 1697 (committee printing) as follows:                               
	(1)  Add the following appropriately numbered section and 
renumber subsequent sections accordingly:

	SECTION ____.  Section 981.101, Insurance Code, is amended 
by adding section (d) to read as follows:
	(d)  Every eligible surplus lines insurer shall annually 
file with the stamping office, a report in a format prescribed by 
the stamping office, the following information regarding each 
surplus lines policy:
		1)  policy number;                                                     
		2)  insured's name and address;                                        
		3)  policy effective and expiration dates;                             
		4)  written premium allocated to Texas; and                            
		5)  name, address and agent license number of the 
surplus lines agent who placed the policy or, in the case of a group 
of insurers that includes individual unincorporated insurers, the 
group or its eligible members shall provide (i) policy information 
which may be aggregated or summarized as approved by the 
Commissioner; and (ii) such other information as the Commissioner 
may so direct.
	Such information is considered confidential and shall not be 
made available to the public.
	(2)  Strike Subsection (d), section 2 of the bill (page 2, 
lines 1-4) and substitute a new Subsection (d) to read as follows:
	(d)  For the purposes of Subsection (b)(1), "lawful 
transaction of surplus lines insurance" means an insurance 
transaction where the surplus lines insurance is procured from an 
eligible surplus lines insurer as defined by Section 981.002.  
Failure to comply with Chapter 981 may subject the eligible surplus 
lines insurer to sanctions pursuant to Section 981.006 but none of 
the provisions of Chapter 101 shall apply to the eligible surplus 
lines insurer.