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By: Murphy, Torres (Senate Sponsor - Estes) |
H.B. No. 2382 |
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(In the Senate - Received from the House May 13, 2011; |
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May 13, 2011, read first time and referred to Committee on Business |
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and Commerce; May 18, 2011, reported favorably by the following |
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vote: Yeas 8, Nays 0; May 18, 2011, sent to printer.) |
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A BILL TO BE ENTITLED
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AN ACT
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relating to notice required upon nonrenewal of property and |
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casualty insurance policies. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 551.105, Insurance Code, is amended to |
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read as follows: |
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Sec. 551.105. NONRENEWAL OF POLICIES; NOTICE REQUIRED. |
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Unless the insurer has mailed written notice of nonrenewal to the |
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insured not later than the 30th day before the date on which the |
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insurance policy expires, an insurer must renew an insurance |
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policy, at the request of the insured, on the expiration of the |
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policy. Notwithstanding the failure of an insurer to comply with |
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this section, the policy shall terminate on the effective date of |
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any replacement or succeeding insurance policy with another carrier |
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with respect to the insured (a) personal automobile, (b) home, |
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farm, ranch, dwelling, duplex, or apartment, or (c) other real or |
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personal property. |
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SECTION 2. This Act takes effect September 1, 2011. |
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