TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB1095 by Vo (Relating to the posting on the Internet of certain rate information concerning residential property insurance.), Committee Report 1st House, Substituted |
The bill would amend the Insurance Code to require the Texas Department of Insurance (TDI) to publish online certain rate information concerning residential property insurance. The bill authorizes TDI to pass rules regarding the implementation of the bill. TDI indicates that any costs incurred from the implementation of this bill could be absorbed within existing resources.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, CH, KJG
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