Amend CSHB 272 as follows:
Add the following to the section starting at page 13, line 16:
SECTION 21. Section 2210.355, Insurance Code, is amended by amending Subsections (g) and (i) and adding Subsections (j), (k), and (l) to read as follows:
(g) A commission paid to an agent for a windstorm and hail insurance policy issued by the association:
(1) must be reasonable, adequate, not unfairly discriminatory, and nonconfiscatory; and
(2) may not exceed 10 percent of the earned premium for the policy.