System updates will be applied on February 19, 2026 at 6:00 PM. These updates will include changes to the user interface. Work is expected to take approximately 30 minutes to complete, during which the site will be unavailable.
Amend CSSB 1007 in ARTICLE 4 of the bill as follows:
(1) In SECTION 4.___, in amended Section 2251.156(a),
Insurance Code, between "Section 2252.153(a)(2)" and the comma,
insert "or Section 2251.1511".
(2) Insert the following appropriately numbered SECTIONS
and renumber existing SECTIONS accordingly:
SECTION 4.___. Subchapter D, Chapter 2251, Insurance Code,
is amended by adding Section 2251.1511 to read as follows:
Sec. 2251.1511. PRIOR APPROVAL FOR CERTAIN RESIDENTIAL
PROPERTY INSURANCE RATES. (a) An insurer may not use a rate for
residential property insurance until the rate and all other
information required by Section 2251.101 have been filed with the
department and the rate has been approved by the commissioner if the
insurer, together with any of the insurer's affiliates and
subsidiaries, as those terms are defined by Section 823.003, issued
property and casualty insurance policies in this state that
accounted for at least five percent of the total amount of premiums
collected by insurers for property and casualty insurance in this
state in the calendar year preceding the date the filing is required
or the rate is otherwise proposed to be used.
(b) Sections 2251.151(b) and (d) apply to rates filed under
this section.
(c) Section 2251.152 does not apply to rates for which prior
approval is required by this section.
SECTION 4.___. Section 2251.1511, Insurance Code, as added
by this Article, applies only to rates for residential property
insurance policies delivered, issued for delivery, or renewed on or
after January 1, 2010. Rates for policies delivered, issued for
delivery, or renewed before January 1, 2010, are governed by the
law as it existed immediately before the effective date of this Act,
and that law is continued in effect for that purpose.