AAIS - American Association of Insurance Services Inc.

09/26/2024 | News release | Distributed by Public on 09/26/2024 07:54

Texas Adopts New Notification for Termination Rule

On September 23, 2024, The Texas Department of Insurance (TDI) issued an adoption orderfor a new rule that implements House Bill 1040. The rule requires insurers to send notices for nonrenewals or the discontinuation of coverage both electronically and nonelectronically to the insured. The rule becomes effective on October 12, 2024.

Please see the adoption orderfor more information.