The Actuarial Corner
This web page has been developed to assist property and casualty insurers with the making and filing of rates. Information from TDI’s website has been consolidated on this page by our actuarial staff to assist your actuarial staff.
- General Information for Filing Rates in Texas
- Tool Box – data compilations that are already available, in one convenient location.
- Reports, Rate Guides, and Recent Residential Property Rate Filings
- Statute & Rule listing – a brief listing of the most often referenced statutes, rules and other online resources
- About P&C Actuarial
General Information for filing rates in Texas
Rates and form filings, including any supporting information under certain statutes, are open to public inspection as of the date of filing with the Texas Department of Insurance (TDI). See Tex. Ins. Code §§ 2053.004, 2301.009, and 2251.107. These statutes provide that filings and information submitted by an insurance carrier supporting the filings are open to the public. Form filings for workers’ compensation under Chapter 2052 of the Texas Insurance Code are considered open to the public as well. In support of the doctrine of open government and consistent with filings under Chapters 2251 and 2301 of the Texas Insurance Code, filings, supporting information, and supplementary information for all workers’ compensation rate filings and form filings are not subject to common law confidentiality. See Tex. Ins. Code §§ 2251.107; 2053.004, 2052.002, 2301.009; see also Commissioner’s Bulletin #B-0020-10 (May 2010).
How do I make a filing?
To assist insurers, TDI has developed the Filings Made Easy Guide (FME Guide). The online version contains hot links to applicable statutes and rules. It can also be downloaded if you prefer to keep a desk copy handy.
When do I make a rate filing?
- Rates regulated under Chapter 2251 and Chapter 2053 must be filed on or before the effective date.
- Mortgage Guaranty rates (regulated under Chapter 3502) must be filed 15 days prior to use.
Where does my filing go?
- Intake Unit receives all rate, form, rule, and credit model filings.
- Personal Lines Section – reviews personal lines form and rule filings.
- Commercial Property/Casualty Section – reviews commercial lines form and rule filings.
- Workers’ Compensation Classification/Premium Calculation Division – reviews workers’ compensation form and rule filings.
- Property & Casualty Actuarial Division – reviews property and casualty rate and credit score model filings.
Who Acknowledges receipt of my filing?
The intake unit issues acknowledgment letters for rate only filings and credit model filings. Acknowledgment letters for any filing containing forms or manual rules are issued by either the personal lines section or the commercial property/casualty section.
