TDI adopts rule about notices for terminating insurance policies

TDI,

TDI adopts rule about notices for terminating insurance policies

The Texas Department of Insurance has adopted a rule defining "termination" to include nonrenewals and discontinuations. The rule implements House Bill 1040 (88R, 2023). The bill requires companies to send notices electronically and nonelectronically when a policy is cancelled or terminated and the parties are doing business electronically.

View the adoption order for the full text.

For other dates and documents related to this action, visit TDI’s Proposed and Adopted Rules for 2024.