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A BILL TO BE ENTITLED
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AN ACT
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relating to the composition of the board of directors of the Texas |
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Windstorm Insurance Association. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sections 2210.102(b), (c-1), and (d), Insurance |
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Code, are amended to read as follows: |
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(b) Three members must be: |
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(1) representatives of the insurance industry who |
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actively write or sell [and renew] windstorm and hail insurance in |
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the first tier coastal counties; and |
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(2) residents of this state. |
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(c-1) At least one [One] of the members appointed under |
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Subsection (c) must be a property and casualty agent who is licensed |
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under this code, is actively offering or selling Texas windstorm |
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and hail insurance policies under this chapter, and is not a captive |
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agent. |
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(d) Three members must reside in an area of this state that |
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is located outside a catastrophe area [more than 100 miles from the |
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Texas coastline]. |
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SECTION 2. This Act takes effect September 1, 2025. |