Amend CSSB 1007 (Senate committee printing) as follows:                      
	(1)  Insert a new ARTICLE in the bill, appropriately 
numbered, to read as follows:

ARTICLE __.  WITHDRAWAL AND RESTRICTION PLANS
	SECTION __.001.  Section 827.001, Insurance Code, is amended 
by amending Subdivision (1) and adding Subdivision (3) to read as 
follows:
		(1)  "Insurer" means an insurance company or other 
legal entity authorized to engage in the business of insurance in 
this state, including a fraternal benefit society, a reciprocal or 
interinsurance exchange, a Lloyd's plan, a farm mutual insurance 
company, and a county mutual insurance company.  The term includes 
an affiliate.  The term does not include [a farm mutual insurance 
company or] an eligible surplus lines insurer regulated under 
Chapter 981.
		(3)  "Personal automobile insurance" and "residential 
property insurance" have the meanings assigned by Section 2254.001.
	SECTION 2.  Section 827.006, Insurance Code, is amended to 
read as follows:  
	Sec. 827.006.  [RESUMPTION OF] WRITING INSURANCE AFTER 
COMPLETE WITHDRAWAL.  An insurer that withdraws from writing 
residential property insurance or personal automobile [all lines 
of] insurance in this state may not, without the approval of the 
commissioner, write any line of [resume writing] insurance in this 
state before the fifth anniversary of the date of withdrawal.
	SECTION 3.  Section 827.007, Insurance Code, is amended to 
read as follows:  
	Sec. 827.007.  PENALTIES.  The commissioner may impose 
sanctions [the civil penalties] under Chapter 82 on an insurer that 
fails to comply in any manner with this chapter [obtain the 
commissioner's approval before the insurer:
		[(1)  withdraws from writing a line of insurance in 
this state; or
		[(2)  reduces the insurer's total annual premium volume 
by 75 percent or more in any year].
	SECTION 4.  Sections 827.008(a) and (b), Insurance Code, are 
amended to read as follows:
	(a)  Before an insurer[, in response to a catastrophic 
natural event that occurred during the preceding six months,] may 
restrict writing new personal automobile insurance or residential 
property insurance business in this state or a rating territory [in 
a line of personal automobile or residential property insurance], 
the insurer must file a proposed restriction plan with the 
commissioner for the commissioner's review and approval.  The 
commissioner may not approve a restriction plan in which the 
insurer proposes to increase the relative number of residential 
property insurance policies issued by the insurer that offer 
substantially less coverage than the average residential property 
insurance policy previously issued by the insurer.
	(b)  The commissioner may modify, restrict, or limit a 
restriction plan under this section as necessary if the 
commissioner finds that a line of insurance subject to the 
restriction plan is not offered in this state in a quantity or 
manner to adequately cover the risks in this state or to adequately 
protect the residents of this state and policyholders in this state 
[in light of the impact of the catastrophic natural event].  The 
commissioner may by order set the date on which the insurer's 
restriction begins.
	SECTION 5.  Section 827.008(c), Insurance Code, is repealed.                   
	SECTION 6.  The change in law made by this Act applies only 
to a withdrawal or restriction plan filed with the Texas Department 
of Insurance on or after the effective date of this Act.  A 
withdrawal or restriction plan filed with the Texas Department of 
Insurance before the effective date of this Act is covered by the 
law in effect at the time the withdrawal or restriction plan was 
filed, and that law is continued in effect for that purpose.
	SECTION 7.  This Act takes effect September 1, 2009.