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TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 5PROPERTY AND CASUALTY INSURANCE
SUBCHAPTER ETEXAS WINDSTORM INSURANCE ASSOCIATION
DIVISION 8RATES
RULE §5.4702Requirement for Vote of Rate Filing and Prohibition on Purchasing Reinsurance from Certain Insurers or Brokers

(a) The Texas Windstorm Insurance Association (TWIA) board of directors must comply with Insurance Code §2210.3512 in all votes on proposed rate filings.

(b) TWIA must comply with Insurance Code §2210.453(f) in all purchases of reinsurance under §2210.453.

(c) This section is part of TWIA's plan of operation.


Source Note: The provisions of this §5.4702 adopted to be effective November 14, 2021, 46 TexReg 7802

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