Texas 2023 - 88th Regular

Texas Senate Bill SB167 Latest Draft

Bill / Introduced Version Filed 11/14/2022

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                            88R3073 SCL-D
 By: Springer S.B. No. 167


 A BILL TO BE ENTITLED
 AN ACT
 relating to a pool for certain individuals with claims against
 persons excluded from coverage by certain automobile insurance
 policies; authorizing an assessment.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  The heading to Subchapter H, Chapter 1952,
 Insurance Code, is amended to read as follows:
 SUBCHAPTER H. NAMED DRIVER POLICIES, OPERATOR'S POLICIES, AND
 CERTAIN OTHER EXCLUSIONARY POLICIES
 SECTION 2.  Subchapter H, Chapter 1952, Insurance Code, is
 amended by adding Section 1952.354 to read as follows:
 Sec. 1952.354.  POOL FOR OPERATOR'S POLICIES AND CERTAIN
 EXCLUSIONARY POLICIES. (a) This section applies only to an insurer
 writing an automobile insurance policy that:
 (1)  is an operator's policy; or
 (2)  excludes from coverage an individual who has
 permission to use a covered vehicle from the named insured.
 (b)  The commissioner shall establish a pool for paying the
 deductible incurred by a person with a valid claim against an
 individual who is excluded from coverage under a policy described
 by Subsection (a). The commissioner by rule shall establish and
 maintain a system for an eligible person to apply for reimbursement
 by the pool.
 (c)  The department may assess an insurer to which this
 section applies to provide money to operate the pool. The amount
 assessed against an insurer must be in proportion to the insurer's
 writing of policies described by Subsection (a) in this state.
 (d)  The department may bring an action to collect an
 assessment against an insurer that does not pay the assessment
 within a reasonable time.
 (e)  The commissioner may adopt rules necessary to implement
 this section.
 SECTION 3.  This Act takes effect September 1, 2023.