Bill Text: TX HB2646 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the office of public insurance counsel's ability to initiate a hearing on insurance rates or rate filings.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-04-09 - Left pending in committee [HB2646 Detail]
Download: Texas-2013-HB2646-Introduced.html
| 83R8722 MEW-F | ||
| By: Turner of Tarrant | H.B. No. 2646 | |
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| relating to the office of public insurance counsel's ability to | ||
| initiate a hearing on insurance rates or rate filings. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 2251.106, Insurance Code, is amended by | ||
| adding Subsections (d), (e), (f), (g), (h), and (i) to read as | ||
| follows: | ||
| (d) The public insurance counsel may initiate a hearing on a | ||
| rate filing or a rate in effect filed under this chapter by filing a | ||
| written petition with the commissioner. | ||
| (e) The commissioner shall hold a hearing under Subsection | ||
| (d) not later than the 30th day after the date of the filing of the | ||
| written petition. | ||
| (f) The commissioner shall provide written notice of a | ||
| hearing under Subsection (d) to the office of public insurance | ||
| counsel and each insurer that made the rate filing not later than | ||
| the 10th day before the date of the hearing. | ||
| (g) The party that made the rate filing has the burden to | ||
| show that the rate filing meets the standards under Subchapter B. | ||
| (h) If, after the hearing, the commissioner determines that | ||
| the rate filing or rate in effect does not meet the requirements of | ||
| this chapter, the commissioner shall issue an order under Section | ||
| 2251.103(d) or 2251.104(b), as applicable. | ||
| (i) Notwithstanding any other provision of this chapter, if | ||
| a rate filing that is the subject of a hearing under Subsection (d) | ||
| has not gone into effect as of the date the written petition is | ||
| filed, the subject rate may not go into effect until: | ||
| (1) the commissioner has entered an order finding that | ||
| the rate filing meets the standards under Subchapter B; or | ||
| (2) the filing is appealed and determined on final | ||
| appeal to meet the standards under Subchapter B. | ||
| SECTION 2. This Act takes effect September 1, 2013. | ||
