{"data":{"id":"us-tx/tex.-insurance-code-2203.202","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2203.202","heading":"RATE STANDARDS.","body":"(a) In determining rates, rating plans, rating rules, rating classifications, territories, and policy forms, the association shall consider:\n(1) the past and prospective loss and expense experience for medical professional liability insurance, inside and outside this state, of all of the association members;\n(2) trends in the frequency and severity of losses;\n(3) the association's investment income; and\n(4) other information the commissioner may require.\n(b) Rates, rating plans, and rating rules must be based on:\n(1) the association's loss and expense experience; and\n(2) other information based on that experience the department considers appropriate.\n(c) The resultant premium rates must be:\n(1) actuarially sound; and\n(2) computed to be self-supporting.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE","CHAPTER 2203. MEDICAL LIABILITY INSURANCE JOINT UNDERWRITING ASSOCIATION","SUBCHAPTER E. RATES AND POLICY FORMS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2203.htm#2203.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"3cb2dc2ae018797275e78175bdb2f911ee626dd26c1334ba454ab479102506ad","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2203.201","next":"us-tx/tex.-insurance-code-2203.203"},"notice":"GroundRules: Original legal text. Not legal advice."}