2021 Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle C - Automobile Insurance
Chapter 1953 - Rate Regulation and Ratemaking for Automobile Insurance
Subchapter A. Rate Regulation
Section 1953.001. Exclusion of Certain Types or Classes of Insurance From Certain Regulations
Sec. 1953.001. EXCLUSION OF CERTAIN TYPES OR CLASSES OF INSURANCE FROM CERTAIN REGULATIONS. (a) This section applies only to insurance against liability for damages arising out of the ownership, operation, maintenance, or use of a motor vehicle described by Article 5.01 or against loss of or damage to a motor vehicle described by Article 5.01 that, in the judgment of the commissioner, is a type or class of insurance that is also the subject of or is more properly regulated under other insurance rating laws that cover that type or class of insurance.
(b) A type or class of insurance to which this section applies is excluded from regulation under this chapter and:
(1) Articles 5.01, 5.01B, 5.03, 5.04, 5.04-1, 5.06, 5.10, and 5.11;
(2) Chapters 251 and 254;
(3) Subchapters A and B, Chapter 1806; and
(4) Chapters 1951 and 1952.
(c) If the commissioner finds that a type or class of insurance to which this section applies is also the subject of or is more properly regulated under other insurance rating laws that cover that type or class of insurance, the commissioner shall issue an order declaring which other insurance rating laws apply to:
(1) the type or class of insurance; and
(2) any motor vehicle equipment described by Article 5.01.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1H.001, eff. April 1, 2009.