Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1898 by Eiland (Relating to requiring certain residential property insurers to adjust certain claims under Texas Windstorm Insurance Association policies; imposing fees.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to requiring certain residential property insurers to adjust certain claims under Texas Windstorm Insurance Association policies. Based on information provided by the Texas Department of Insurance, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 454 Department of Insurance