Financial Regulation Menu

• Financial Regulation
  • Agent / Adjuster
  • Company Licensing
  • Holding Company Filings
  • Financial Analysis
  • Managed Care Quality Assurance
  • Rehabilitation & Liquidation
  • How to . . .
  • Admit Insurer
  • License Texas Insurer / Incorporate
  • License Texas HMO
  • License Texas Lloyds
  • License Texas Reciprocal
  • Admitted Company Transactions
  • HMO
  • HMO Transactions
  • Other HMO Filings
  • Surplus Lines Transactions
  • Applicant Expectations
  • Authorized Insurer List
  • Data Calls
  • Open Records Request
  • Securities on Deposit
• Business
• Consumer
• Forms
• Fraud
• Health Provider
• Industry
• Information Center
• Licensing
• Title
• Types of Insurance
• Windstorm Inspections

Surplus Lines, Purchasing Groups, Accredited and Trusteed Reinsurers, Risk Retention Groups, and Life Settlements

• Various lists are available for download, including Surplus Lines (see Disclaimer below), Purchasing Groups, Accredited and Trusteed Reinsurers, Risk Retention Groups, and Life Settlements
• Company Licensing and Registration Home
• Admitted Company Transactions
• HMO Transactions
• Licensing of Life Settlement Providers and Brokers
• Other filing requirements are located in Filing Smart
• The NAIC's Consumer Information Source (CIS) provides information about insurance companies.  Access key information about insurance companies, including closed insurance complaints, licensing information and key financial data.

Surplus Lines and Syndicates Disclaimer:  The Texas Department of Insurance does not license the insurers on this list, nor does the Department have the duty or responsibility to monitor their financial condition.  Further, these insurers are not members of the Property and Casualty Insurance Guaranty Association created under Chapter 462 of the Texas Insurance Code.

For assistance with topics contained on this page, email inquiries to RegistrationTeam@tdi.texas.gov.  Staff can also be reached at (512) 322-3535.

• Need help with downloads?
• Need software to view files?

Certification for Accredited & Trusteed Reinsurer   

Checklist:

• Filing Requirements for Accredited or Trusteed Reinsurer (fin425accdtrust.pdf)

Forms:

• Form R-1 Submission for Reinsurance Accreditation (fin427reinsacc.pdf)
• Form R-4 Accredited Reinsurer Checklist (fin426accreins.pdf)
• Form R-3 Certificate of Assuming Insurer (fin428ctfasmins.pdf)
• Accredited/Trusteed Reinsurer Business Plan Outline (fin429reinsbspl.pdf)

Eligibility for Surplus Lines

Checklists:

• Evidence Filing Requirements for Surplus Lines Eligibility (fin421sleligibl.pdf)
• Foreign (U.S.) Insurers Filing Requirements and Checklist (fin422foreignsl.pdf)
• Alien Insurers Filing Requirements and Checklist (fin423alienslrq.pdf)
• Surplus Lines Company Business Plan Outline (fin424surpbuspl.pdf)

Registration for Purchasing Group

Checklist:

• TX Purchasing Group Registration Requirements (fin413pgregreqs.pdf)

Forms:

• Form PG1 Notification to the Commissioner of Insurance for Registration as a Purchasing Group (fin414pgregistr.pdf)
  Includes: Instructions for Purchasing Group Registration
• Form PG1R Renew/Amendment of Purchasing Group Registration (fin417rnwlamdpg.pdf)
  Includes: Instructions for Renewal/Amendment of Registration
• Form PG3 Annual Agent Report for Risk Retention and Purchasing Groups (fin415annlagent.pdf)
  Includes: Instructions for Annual Agent Reporting
• Form RRG/PGC1 Appointment of Commissioner as Agent (fin416commappt.pdf)

Registration for Risk Retention Group

Checklists:

• Risk Retention Group Registration Requirements (fin418rrgregreq.pdf)
• Risk Retention Group Checklist (fin420rrgcheck.pdf)

Forms:

• Form RRG-A-122 Registration of a Foreign/Alien Risk Retention Group (fin419rrgregstr.pdf)
• Form RRG/PGC1 Appointment of Commissioner as Agent (fin416commappt.pdf)

Life Settlements

Effective September 1, 2011, House Bill 2277 imposed new statutory requirements on the business of life settlements.  Please read Bulletin B0036-11 for more information.  We are NOT ACCEPTING RENEWALS and are only issuing TEMPORARY licenses until the administrative rule is formally adopted and becomes effective.  There is no fee associated with a temporary license.  Once the rule becomes effective, all licensees must submit new form FIN430, or FIN432 within 30 days to maintain an active license. Links to these forms are located below.  Applications will be processed as staff is able; please note this will take time and licensees are still authorized to conduct business as long as the application is submitted within the 30-day window after the rule effective date.  For further questions, contact Christine Browning at (512) 475-1994 or Christine.Browning@tdi.texas.gov.

• §1111A of the Texas Insurance Code, effective September 1, 2011 http://www.statutes.legis.state.tx.us/Docs/IN/htm/IN.1111A.htm
• Proposed administrative rule: http://www.tdi.texas.gov/rules/2012/documents/3_1701-3_1760.pdf

• Form FIN430
  License Application for a Life Settlement Provider or Broker.
• Form FIN431
  Application for renewal of a broker or provider license or change of information. DO NOT submit this form to meet the statutory requirements of §1111A.026, which requires everyone to file a new application within 30 days after the administrative rule becomes effective. All licensees must re-register under the new legislation using forms adopted by rule, forms FIN430 or FIN432.
• Form FIN432
  Life agent notification to act as a life settlement broker is required for applicants who have held a resident Texas life and health license for at least one year. This form also applies to agents who hold a non-resident Texas life and health license and have held a life and health license in their domiciliary state for at least one year. This application is only for those wishing to act as a sole proprietor.
• Form FIN434
  Biographical affidavit for Life Settlement Providers or Brokers. Must be completed for all individuals specified in the instructions of forms FIN430 and FIN431, as adopted by rule.