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You are here: Home . bulletins . 2001 . b-0021-1
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COMMISSIONER'S BULLETIN # B-0021-01

May 08, 2001


To: All Insurers Writing Residential Insurance in Texas


Re: Adoption of Proposed Amendments to the Texas Statistical Plan for Residential Risks

Commissioner's Order No. 01-0456 issued on May 15, 2001, adopted amendments to the Texas Statistical Plan for Residential Risks (Stat Plan) as proposed by the staff of the Texas Department of Insurance. The Commissioner adopted the proposal to amend the options under the current Law and Ordinance field of the Stat Plan to read as follows:

Code 0 No Additional Law and Ordinance Coverage is attached to policy
(other than the mandatory $5,000 provided in the policy).
Code 1 10% Additional Law and Ordinance Coverage Purchased.
Code 2 15% Additional Law and Ordinance Coverage Purchased.
Code 3 25% Additional Law and Ordinance Coverage Purchased.
Code 4 Other Approved Limits Purchased.

The adopted changes are necessary in order to collect experience to support the adjustment of rates for recently approved optional Law & Ordinance endorsements. These endorsements were adopted by Commissioner's Order No. 01-0108, dated February 8, 2001. All amendments and associated changes to the Stat Plan reporting requirements are effective July 1, 2001. Please replace the current same-numbered pages with the attached revised pages in the Stat Plan. Changes are noted with strike-through or underline marks as applicable.

Questions relating to this bulletin should be directed to the undersigned at (512) 475-3026.

Sincerely,

Gary Gola
Special Projects Director
Property & Casualty (MC 105-5S)

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