81R8916 KCR-D
By: Rose H.B. No. 3368
A BILL TO BE ENTITLED
AN ACT
relating to the availability of certain information concerning the
settlement of certain types of claims made under residential
property insurance policies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 32.102, Insurance Code, is amended by
adding Subsection (a-1) to read as follows:
(a-1) In addition to the information required by Subsection
(a), the Internet website required by this section must include,
with reference to residential property insurance, a side-by-side
comparison of the most likely settlement or other resolution of
categories of typical claims filed with the insurer by
policyholders. The side-by-side comparison must include a ratio of
the average dollar amount paid by an insurer as settlement for a
category of typical claims under a residential property insurance
policy to the premiums received by the insurer for that same policy.
SECTION 2. Subchapter D, Chapter 32, Insurance Code, is
amended by adding Sections 32.105 and 32.106 to read as follows:
Sec. 32.105. PURPOSE OF INFORMATION; ADMISSIBILITY. The
information provided through the department's Internet website
required by Section 32.102 is provided solely for the purpose of
assisting consumers in making educated decisions concerning the
purchase of insurance in this state and is not admissible in a civil
or criminal proceeding as prima facie evidence of the truth of any
matter asserted by the information.
Sec. 32.106. RULES. The commissioner by rule shall define
the categories of typical claims filed with an insurer by
policyholders about which an insurer must provide the department
with information for the purposes of Section 32.102(a-1).
SECTION 3. The commissioner of insurance shall adopt the
rules required by Section 32.106, Insurance Code, as added by this
Act, as soon as possible after the effective date of this Act and in
no event later than January 1, 2010.
SECTION 4. This Act takes effect September 1, 2009.