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TX HB3001
Bill
Status
2/19/2025
Primary Sponsor
Dennis Paul
Click for details
AI Summary
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Amends Section 4102.007(a) of the Texas Insurance Code regarding the applicability of public insurance adjuster regulations to commercial and residential property insurance policies
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Removes eligible surplus lines insurers from the list of insurer types covered by public insurance adjuster contracting provisions when Texas is the insured's home state
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Retains applicability to six types of insurers: capital stock insurance companies, mutual insurance companies, county mutual insurance companies, Lloyd's plans, reciprocal or interinsurance exchanges, and farm mutual insurance companies
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Effective date is September 1, 2025
Legislative Description
Relating to the right of an insured to enter into a contract with a public insurance adjuster.
Insurance
Last Action
Referred to Insurance
3/20/2025