Insurance Regulation, Special - 71st R.S. (1989)
- Conduct a comprehensive study of the State Board of Insurance, propose solutions to correct regulatory deficiencies at that agency, make recommendations for the statutory reorganization of insurance regulation by the State of Texas and participate in the recodification of the Texas Insurance Code. The committee's study of state insurance regulation shall include issues relating to data-reporting requirements, the role of rating organizations, and exemption from state antitrust laws.
- The committee shall investigate fraudulent practices among insurance companies and insurance agents.
- The committee shall study the structure and operation of the CATPOOL; in addition, the committee should also consider the exposure of taxpayers all over the state caused by the $100 million limit on property losses paid by the CATPOOL and the advisability of raising that limit from the 1979 level.
- The committee shall study the regulation of title insurance and industry practices in that area.
Created by a proclamation issued by the Lieutenant Governor and the Speaker of the House under authority vested in HCR 142. See House and Senate Committees 71st 72nd Leg., L1800.1 p926.
House members appointed 9/28/1989. (Letters from Gibson D. (Gib) Lewis, Speaker of the Texas House of Representatives, September 28, 1989. See House Speaker Lewis Appointments, L1801.1 P926a 1985-92 3.)
Senate members appointed 10/03/1989. (Letters from William P. Hobby, Lieutenant Governor of Texas, October 3, 1989. See Lieutenant Governor Hobby Appointments 70th-71st, L1803.1 P926la 1987-90 3.)
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