Bill

HB 2542

85(R) - 2017
House Insurance
Senate Business & Commerce
House Insurance
Senate Business & Commerce
Insurance

Vote Recommendation

Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral

Author(s)

Rodney Anderson

Sponsor(s)

Larry Taylor

Bill Caption

Relating to notice to certain insurers by the Texas Department of Insurance regarding supervision or conservatorship of certain insurance agents.

Fiscal Notes

No significant fiscal implication to the state is anticipated.

Bill Analysis

HB 2542 would amend the Insurance Code to add that if the Commissioner of Insurance places a title insurance agent licensed under Title 11 or an insurance agent licensed under Title 13 under supervision or in conservatorship, the commissioner would be required to provide written notice of the order to each insurer. 

Vote Recommendation Notes

This is a procedural bill regarding written notices from the Commissioner of Insurance and does not appear to have a connection to our liberty principles, therefore we remain neutral.

Organizations Supporting

USAA