| (a) Purpose and Applicability.
(1) The purpose of this section is to establish requirements
for the reporting of premium and loss data by direct commercial lines
insurers under Insurance Code Chapter 38, Subchapter E.
(2) Under Insurance Code §38.202, the commissioner
has designated a statistical agent for commercial lines of insurance.
(3) As provided by Insurance Code §38.205, all
insurers writing direct commercial lines business in Texas are required
to provide a report of their premium and loss cost experience to the
commissioner or the statistical agent designated under Insurance Code §38.202.
The report must comply with the reporting requirements and instructions
specified in the Texas Commercial Lines Statistical Plan adopted by
reference in subsection (b) of this section.
(4) This section applies to all reports required to
be filed with the department under this section for reporting periods
beginning on or after July 1, 2017.
(b) Adoption by Reference. The commissioner adopts
by reference the Texas Commercial Lines Statistical Plan, effective
July 1, 2017. This document is published by the department and is
available on the department's website at www.tdi.texas.gov.
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