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A BILL TO BE ENTITLED
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AN ACT
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relating to certain information provided in certain insurance rate |
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filings. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2251.002(8), Insurance Code, is amended |
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to read as follows: |
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(8) "Supporting information" means: |
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(A) the experience and judgment of the filer and |
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the experience or information of other insurers or advisory |
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organizations on which the filer relied; |
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(B) the interpretation of any other information |
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on which the filer relied; |
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(C) a description of methods used in making a |
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rate; and |
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(D) any other information the department |
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receives from a filer as a response to a request under Section |
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38.001 [requires to be filed]. |
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SECTION 2. Section 2251.107, Insurance Code, is amended to |
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read as follows: |
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Sec. 2251.107. PUBLIC [INSPECTION OF] INFORMATION. Each |
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filing made, and any supporting information filed, under this |
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chapter is public information subject to Chapter 552, Government |
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Code, including any applicable exception from required disclosure |
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under that chapter [open to public inspection as of the date of the
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filing]. |
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SECTION 3. The changes in law made by this Act apply only to |
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a request to inspect information or to obtain public information |
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made to the Texas Department of Insurance on or after the effective |
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date of this Act. A request made before the effective date of this |
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Act is governed by the law in effect immediately before the |
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effective date of this Act, and the former law is continued in |
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effect for that purpose. |
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SECTION 4. This Act takes effect September 1, 2011. |