The Committee on Insurance convened to discuss various bills aimed at improving health and financial protections for Texas residents. Key bills included HB2797, focusing on covering laparoscopic procedures for uterine fibroids, and HB601, addressing public adjuster compensation. Witnesses provided compelling testimonies, both for and against the bills, highlighting the need for improved mental health coverage and fair insurance practices. The committee showed a commitment to addressing gaps in legislation while ensuring the protection of all stakeholders involved.
Relating to the transfer and statutory novation of insurance policies from a transferring insurer to an assuming insurer through an insurance business transfer plan; authorizing fees.