Texas Provides Guidance to Insurers In Response to Winter Storm

Texas Provides Guidance to Insurers In Response
to Winter Storm

 

The Texas Department of Insurance (TDI) has issued three bulletins with guidance for the insurance industry following winter storm damage across the state.  The guidance includes suspension of vacancy provisions, grace periods for premium payments, and TDI expectations with respects to carrier underwriting, rating, and nonrenewals.

 

Bulletins B-0005-21, B-0006-21 and B-0007-21 can be found here:  https://content.govdelivery.com/accounts/TXINSUR/bulletins/2c28e06