TDI Proposed Rules

SUBCHAPTER R. WITHDRAWAL PLAN REQUIREMENTS AND PROCEDURES

The Texas Department of Insurance proposes amendments to 28 Texas Administrative Code §§7.1801, 7.1802, 7.1804 - 7.1808, and new §7.1809, concerning withdrawal and restriction plan requirements and procedures.

CHAPTER 19. LICENSING AND REGULATION OF INSURANCE PROFESSIONALS

The Texas Department of Insurance proposes amendments to 28 TAC §§19.801, 19.1003, 19.1004, 19.1013, 19.1016, 19.1019, and 19.1310, and new §§19.803 - 19.810, concerning licensing and continuing education requirements of insurance professionals, including agents, adjusters, public insurance adjusters, managing general agents, risk managers, and home office salaried employees. The amendments and new sections are necessary to implement legislation that was passed in 2015.

NAIC/IBR One-Pager

TALHI has developed a one-pager on state-based insurance regulation in Texas which explains how the NAIC is an important forum for collaboration, and explores some concerns industry has with the way the NAIC operates on some issues. The piece goes into the incorporation by reference (IBR) issue that was brought up last session and explains how Texas’s statutes and rulemaking process prevent IBR being an issue in Texas.

COI Task Force Call Next Week

TALHI has put together a task force of interested companies to discuss the cost of insurance (COI) issue that we dealt with in HB 3370 by Craddick last session. Our first call will be next Thursday, March 15 at 2:00 PM CST. Please let Jennifer know if you’d like to be added to the Outlook appointment.

TRS Stakeholder Meeting on New Website

TALHI has reached out to Rebecca Merrill for an update on when the stakeholder group to discuss the website redesign will have its first meeting. No word yet, but stay tuned.

It’s Not Too Late to Sponsor or Register for the Round Table!

It’s not too late to sign up to sponsor or attend the April 3-4 2018 Regulatory Round Table; online pre-registration will still be available for a few more weeks. You won’t want to miss this opportunity to hear from and network with attendees, including TDI staff, ACLI staff, political pundits, and fellow members in the industry.

Member Call March 21

Our next member call will be held on Wednesday, March 21, at 10 am Central. To call in, dial 1-888-537-7715 and enter code 200-68-174# when prompted. The agenda will be posted on both the website and mobile app closer to the call. An Outlook calendar reminder is attached.