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TITLE 28INSURANCE
PART 4STATE OFFICE OF RISK MANAGEMENT
CHAPTER 252STATE RISK MANAGEMENT
SUBCHAPTER CREPORTING AND OBTAINING INSURANCE COVERAGE
RULE §252.313Insurers' Report to the Office

(a) Except for health or life insurance, insurers shall report to the Office any policy, contract or agreement for any line of insurance delivered or renewed on or after January 1, 2002 to an entity subject to this subchapter. Insurance under this section includes surety bonds.

(b) Insurers shall complete the SORM-202 and submit it to the Office not later than 30 days before the date any intended sale of coverage is scheduled to occur.

(c) During a policy's term, the insurer shall notify the Office within 30 days of:

  (1) policy changes upon issuance;

  (2) claims filed as settled;

  (3) cancellation and reinstatement notices; or

  (4) non-renewal notices.


Source Note: The provisions of this §252.313 adopted to be effective December 22, 2002, 27 TexReg 11775

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