TDI proposes rules implementing SB 900, 84th Legislature, Regular Session (2015). Among other changes, SB 900 made changes to the Texas Windstorm Insurance Association’s sources of catastrophic loss funding. TDI proposes amendments to 28 TAC §§5.4101, 5.4102, 5.4121, 5.4123 – 5.4125, 5.4134 – 5.4136, 5.4141, 5.4144, 5.4161, 5.4171 – 5.4173, 5.4181, 5.4182, and 5.4184 – 5.4190; replacement versions of §§5.4126, 5.4127, 5.4142, 5.4143, and 5.4145; and new §5.49112. The proposed amendments also contemplate the repeal of 28 TAC §5.4128 and §§5.4146 – 5.4149.
The proposed rules will not have a direct impact on TWIA’s rates.
Please see the rule proposal for instructions on submitting comments. http://www.tdi.texas.gov/rules/2015/index.html