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TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 5PROPERTY AND CASUALTY INSURANCE
SUBCHAPTER KTERMINATION OF FINANCIAL ASSURANCE FOR UNDERGROUND STORAGE TANKS
RULE §5.9104Content of Notice

(a) Pursuant to the Water Code §26.352(e-1), an insurer or other entity that provides insurance coverage or another form of financial assurance to an owner or operator of an underground storage tank for the purpose of showing or maintaining evidence of financial responsibility must send written notice to the TCEQ if the insurance coverage or other financial assurance for an underground storage tank is canceled or not renewed as provided in §5.9105 of this title (relating to Submission of Notice). The notice must contain the following information:

  (1) the name of the insured, or assured, as appropriate;

  (2) the street address or specific location of each underground storage tank for which insurance or financial assurance is being canceled or not renewed;

  (3) the business address of the named insured or assured;

  (4) the name, address, and telephone number of the insurer or other entity providing, holding, or maintaining the financial assurance;

  (5) the effective date that the insurance coverage or financial assurance was terminated;

  (6) the insurer's or other entity's reason(s) for the cancellation or non-renewal of the insurance or other financial assurance;

  (7) the policy number or other financial assurance identification number; and

  (8) the facility identification number assigned by the TCEQ for each underground storage tank that insurance coverage or other financial assurance was canceled or not renewed.

(b) The notice must be accurate and contain all the information required under subsection (a) of this section. It is the sole responsibility of the insurer or other entity providing, holding, or maintaining financial assurance to obtain and maintain the information necessary to complete the required notice.


Source Note: The provisions of this §5.9104 adopted to be effective April 9, 2008, 33 TexReg 2820

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