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Amend HB 3358 (House Committee Printing) as follows:
(1) On page 1, line 6, strike "adding Subsection (a-1)" and
substitute "adding Subsections (a-1) and (a-2) and amending
Subsection (c)".
(2) On page 1, between lines 16 and 17, insert the
following:
(a-2) The commissioner by order shall require an insurer to
file with the department for the commissioner's approval all rates,
supplementary rating information, and any supporting information
in accordance with this subchapter if the commissioner determines
that the insurer is using an average rate for a line of insurance
that is 75 percent or more higher than the national average rate for
that same line of insurance.
(c) The commissioner:
(1) may require an insurer to file the insurer's rates
under this section until the commissioner determines that the
conditions described by Subsection (a) no longer exist; and
(2) shall require an insurer to file the insurer's
rates under this section until the commissioner determines that the
condition described by Subsection (a-2) no longer exists.