Bill Text: TX SB167 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a pool for certain individuals with claims against persons excluded from coverage by certain automobile insurance policies; authorizing an assessment.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-02-15 - Referred to Business & Commerce [SB167 Detail]
Download: Texas-2023-SB167-Introduced.html
| 88R3073 SCL-D | ||
| By: Springer | S.B. No. 167 | |
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| relating to a pool for certain individuals with claims against | ||
| persons excluded from coverage by certain automobile insurance | ||
| policies; authorizing an assessment. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. The heading to Subchapter H, Chapter 1952, | ||
| Insurance Code, is amended to read as follows: | ||
| SUBCHAPTER H. NAMED DRIVER POLICIES, OPERATOR'S POLICIES, AND | ||
| CERTAIN OTHER EXCLUSIONARY POLICIES | ||
| SECTION 2. Subchapter H, Chapter 1952, Insurance Code, is | ||
| amended by adding Section 1952.354 to read as follows: | ||
| Sec. 1952.354. POOL FOR OPERATOR'S POLICIES AND CERTAIN | ||
| EXCLUSIONARY POLICIES. (a) This section applies only to an insurer | ||
| writing an automobile insurance policy that: | ||
| (1) is an operator's policy; or | ||
| (2) excludes from coverage an individual who has | ||
| permission to use a covered vehicle from the named insured. | ||
| (b) The commissioner shall establish a pool for paying the | ||
| deductible incurred by a person with a valid claim against an | ||
| individual who is excluded from coverage under a policy described | ||
| by Subsection (a). The commissioner by rule shall establish and | ||
| maintain a system for an eligible person to apply for reimbursement | ||
| by the pool. | ||
| (c) The department may assess an insurer to which this | ||
| section applies to provide money to operate the pool. The amount | ||
| assessed against an insurer must be in proportion to the insurer's | ||
| writing of policies described by Subsection (a) in this state. | ||
| (d) The department may bring an action to collect an | ||
| assessment against an insurer that does not pay the assessment | ||
| within a reasonable time. | ||
| (e) The commissioner may adopt rules necessary to implement | ||
| this section. | ||
| SECTION 3. This Act takes effect September 1, 2023. | ||
