HB 3509

85(R) - 2017
Property & Casualty Insurance

Companion Bill

SB 1466

Vote Recommendation

  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral


Wayne Faircloth

Bill Caption

Relating to maximum liability limits for windstorm and hail insurance coverage provided through the Texas Windstorm Insurance Association.

Fiscal Notes

From the LBB: no significant fiscal implication to the state is anticipated.

Bill Analysis

Under current law, the board of directors propose the maximum liability limits under a windstorm and hail insurance policy issued by the Texas Windstorm Insurance Association and must be approved by the Commissioner of Insurance. 

HB 3509 would consider the maximum liability limits approved by the commissioner unless the commissioner disapproves or modifies the liability limits by order no later than 30 days after the date of receiving a filing. Essentially, the proposed change would become effective if the commissioner takes no action. 

Vote Recommendation Notes

Changing the mechanism for approving a change to maximum liability limits does not appear to have a connection to our liberty principles, therefore we remain neutral.

Organizations Supporting

City of Corpus Christi
Coastal Windstorm Insurance Coalition
Independent Insurance Agents of Texas

Organizations Opposed

Texas Coalition for Affordable Insurance Solutions