This bulletin reminds all insurance carriers, other than surplus lines carriers, selling or intending to sell property, casualty, or liability insurance coverage to a state agency, including a policy, contract, or agreement subject to competitive bidding requirements, to report the intended sale to the State Office of Risk Management no later than the 30th day before the scheduled sale pursuant to Texas Insurance Code §§1803.001-.004. The State Office of Risk Management has developed Form SORM 202 for reporting purposes. Form SORM 202 is available at sorm.state.tx.us. Questions should be directed to bonds.insurance@sorm.state.tx.us.
Julia Rathgeber
Commissioner of Insurance