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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 2251.155: RATE FILING APPROVAL BY COMMISSIONER; USE OF RATE.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 10. PROPERTY AND CASUALTY INSURANCE
  3. SUBTITLE H. RATEMAKING IN GENERAL
  4. CHAPTER 2251. RATES
  5. SUBCHAPTER D. PRIOR APPROVAL OF RATES UNDER CERTAIN CIRCUMSTANCES

(a) The commissioner shall approve a rate filing under this subchapter if the proposed rate is adequate, not excessive, and not unfairly discriminatory.

(b) If the commissioner approves a rate filing under this section, the commissioner shall provide the insurer with a written or electronic notification of the approval. The insurer may use the rate on receipt of the approval notice.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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