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You are here: Home . bulletins . 2016 . b-0009-16

COMMISSIONER'S BULLETIN # B-0009-16

May 03, 2016


To: All Property and Casualty Insurance Companies Writing Direct Commercial Property and Businessowners Insurance in Texas


Re: Special Data Call for 2015 Commercial Property and Businessowners Direct Written Premium in the Texas Catastrophe Area

The Texas Department of Insurance issues the attached special data call, authorized by Texas Insurance Code §38.001 and §2210.052, to companies licensed to write direct commercial property or businessowners insurance in Texas during calendar year 2015. The data call is necessary to supplement TDI's statistical information and to enable the Texas Windstorm Insurance Association to calculate participation shares should assessments be required in 2016.

You must complete and return your response to this data call no later than June 15, 2016.

Companies Subject to this Data Call

Your company must respond to this data call if it falls within one of the categories described below. Companies subject to this data call are required to submit the attached data call form and certification to TDI even if the company does not write any applicable business in the Texas catastrophe area.

TDI will email this data call only to companies that fall into one of the following categories:

Category 1

Companies reporting 2015 Texas commercial property or businessowners statistical data to TDI's commercial lines statistical agent, Insurance Services Office, Inc. (ISO), under a minimum or limited reporting format that does not include place code or ZIP code-level detail. This report specifically includes companies reporting under the TDI minimum reporting guidelines for commercial lines statistical reporting.


Category 2

Companies reporting 2015 Texas commercial property or businessowners statistical data to ISO, under a full reporting plan format in which all four quarters of 2015 data have not been fully accepted by ISO as of February 29, 2016. Companies in this category must report premiums for the entire year, not just the quarters of 2015 that ISO has not fully accepted.

Definitions of Terms

Texas Catastrophe Area: The area comprised of the following Texas counties: Aransas, Brazoria, Calhoun, Cameron, Chambers, Galveston, Jefferson, Kenedy, Kleberg, Matagorda, Nueces, Refugio, San Patricio, Willacy, and portions of Harris County listed below.

  • City of Morgan's Point
  • City of Seabrook – all areas east of Highway 146
  • City of La Porte – all areas east of Highway 146
  • City of Pasadena – all areas east of Highway 146
  • City of Shoreacres – all areas east of Highway 146

Voluntary Commercial Allied Lines Direct Written Premium: The total direct written allied lines premium on commercial monoline or multiple peril policies insuring commercial risks in the Texas catastrophe area, which include coverage for losses due to windstorm damage. Voluntary premium does not include allied lines premium on policies insuring commercial risks in the catastrophe area if the policy contains a windstorm exclusion.

Voluntary Businessowners Direct Written Premium: The total direct written premium on policies insuring commercial risks in the Texas catastrophe area, which include coverage for losses due to windstorm damage. Voluntary premium does not include direct written premium on policies insuring commercial risks in the catastrophe area if the policy contains a windstorm exclusion.

 

Submission Information and Deadline

Email your submission to datacall@tdi.texas.gov and include as an attachment the PDF form provided below. TDI may request additional information relating to the responses you provide.

Failure to comply with the requirements of this data call within the time limits specified may be a violation of the Insurance Code and could subject the insurer to the applicable penalties provided by law.

Direct all questions about this data call to Menglong Li by email at datacall@tdi.texas.gov, or by phone at 512-676-6690.

 

<TWIA Data Call Form>


Brian Ryder
Regulatory Policy Division
Property and Casualty Data Services



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Last updated: 05/04/2016

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