2005 Texas Insurance Code CHAPTER 1801. PROPERTY AND CASUALTY INSURANCE LEGISLATIVE OVERSIGHT COMMITTEE

INSURANCE CODE

TITLE 10. PROPERTY AND CASUALTY INSURANCE

SUBTITLE A. GENERAL PROVISIONS

CHAPTER 1801. PROPERTY AND CASUALTY INSURANCE LEGISLATIVE 
OVERSIGHT COMMITTEE

SUBCHAPTER A. GENERAL PROVISIONS


	§ 1801.001. DEFINITION.  In this chapter, "committee" 
means the property and casualty insurance legislative oversight 
committee.

Added by Acts 2005, 79th Leg., ch. 727, § 2, eff. April 1, 2007.           


	§ 1801.002. SUNSET PROVISION.  The committee is subject 
to Chapter 325, Government Code (Texas Sunset Act). Unless 
continued in existence as provided by that chapter, the committee 
is abolished September 1, 2007.

Added by Acts 2005, 79th Leg., ch. 727, § 2, eff. April 1, 2007.           

SUBCHAPTER B. LEGISLATIVE OVERSIGHT COMMITTEE


	§ 1801.051. COMPOSITION OF COMMITTEE.  (a) The property 
and casualty insurance legislative oversight committee is composed 
of seven members as follows:
		(1)  the chair of the Senate Business and Commerce 
Committee and the chair of the House Committee on Insurance, who 
shall serve as joint presiding officers of the committee;
		(2)  two members of the senate appointed by the 
lieutenant governor;        
		(3)  two members of the house of representatives 
appointed by the speaker of the house of representatives;  and
		(4)  the public insurance counsel.                                            
	(b)  An appointed member of the committee serves at the 
pleasure of the appointing official.
	(c)  In making appointments to the committee, the appointing 
officials shall attempt to appoint persons who represent the gender 
composition, minority populations, and geographic regions of this 
state.

Added by Acts 2005, 79th Leg., ch. 727, § 2, eff. April 1, 2007.           


	§ 1801.052. MEETINGS.  The committee shall meet with the 
commissioner at least annually. 

Added by Acts 2005, 79th Leg., ch. 727, § 2, eff. April 1, 2007.           


	§ 1801.053. POWERS AND DUTIES OF COMMITTEE.  (a) The 
committee shall:     
		(1)  receive information about rules proposed by the 
department relating to property and casualty insurance and may 
submit comments to the commissioner on the proposed rules;
		(2)  monitor the progress of property and casualty 
insurance regulation reform, including:
			(A)  the fairness of rates, underwriting 
guidelines, and rating manuals;   
			(B)  the availability of coverage;  and                                      
			(C)  the effect of rate rollbacks, credit scoring, 
and regulation of homeowners and automobile insurance markets;
		(3)  review recommendations for legislation proposed 
by the department;  and
		(4)  review the necessity of having the department 
periodically examine the market conduct of an insurer or group of 
insurers, including the insurer's or group's:
			(A)  business practices;                                                     
			(B)  performance;  and                                                       
			(C)  operations.                                                             
	(b)  The committee may request reports and other information 
from the department as necessary to implement this chapter.

Added by Acts 2005, 79th Leg., ch. 727, § 2, eff. April 1, 2007.           


	§ 1801.054. REPORT.  (a) Not later than November 15 of 
each even- numbered year, the committee shall report on the 
committee's activities under Sections 1801.052 and 1801.053(a) to:
		(1)  the governor;                                                            
		(2)  the lieutenant governor;  and                                            
		(3)  the speaker of the house of representatives.                             
	(b)  The report must include:                                                  
		(1)  an analysis of any problems caused by property and 
casualty insurance regulation reform;  and
		(2)  recommendations of any legislative action 
necessary to address those problems and to foster stability, 
availability, and competition within the property and casualty 
insurance industry.

Added by Acts 2005, 79th Leg., ch. 727, § 2, eff. April 1, 2007.