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By: Carona |
S.B. No. 411 |
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(In the Senate - Filed February 6, 2013; February 13, 2013, |
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read first time and referred to Committee on Business and Commerce; |
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February 27, 2013, reported adversely, with favorable Committee |
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Substitute by the following vote: Yeas 8, Nays 0; |
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February 27, 2013, sent to printer.) |
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COMMITTEE SUBSTITUTE FOR S.B. No. 411 |
By: Carona |
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A BILL TO BE ENTITLED
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AN ACT
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relating to insurers' duty to provide information in a fraud |
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investigation. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 701.108, Insurance Code, is amended to |
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read as follows: |
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Sec. 701.108. INSURER'S DUTY TO PROVIDE INFORMATION. |
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(a) On the written request of an authorized governmental agency, |
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an insurer shall provide to the agency any relevant information or |
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material relating to a matter under investigation. |
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(b) An insurer must respond to a request under Subsection |
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(a) from the department not later than the 15th day after the date |
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the request is received. On written request of the insurer, the |
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department shall extend the period 10 days. |
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SECTION 2. Section 701.108, Insurance Code, as amended by |
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this Act, applies only to a request by the Texas Department of |
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Insurance made on or after the effective date of this Act. A |
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request made before the effective date of this Act is governed by |
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the law in effect when the request was made, and the former law is |
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continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2013. |
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* * * * * |