| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the treatment of applications and filings made at the |
|
|
Department of Insurance. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Chapter 81, Insurance Code, is amended by adding |
|
|
Section 81.005 to read as follows: |
|
|
Sec. 81.005. Treatment of Applications and Filings. |
|
|
The department shall diligently process an application, |
|
|
policy, rate or other filing submitted to the department by a person |
|
|
or entity without regard to any pending investigation or compliance |
|
|
proceeding against such person or entity, so long as the |
|
|
allegations or charges therein do not involve intentional injury to |
|
|
an insurance consumer, fraudulent activity, criminal activity, or |
|
|
any other violation, the proof of which would negatively bear on the |
|
|
competence, trustworthiness, experience or integrity of the person |
|
|
or entity. |
|
|
SECTION 2. The change in the law made by this Act applies to |
|
|
all applications or filings pending at the Department of Insurance |
|
|
on the effective date of this Act. |
|
|
SECTION 3. This Act takes effect September 1, 2009. |