November 2016

Attention Underwriters: Amendments Proposed to 28 TAC Sections 1.414 and 7.1001

 See below for information regarding changes to TDI's regular assessment of maintenance taxes and fees. You can also read TDI's email about this issue. Please make sure this is forwarded to the appropriate person in your company for review. 
TLTA's initial review of this proposal did not raise any concerns. However, please let Aaron Day or Leslie Midgley know if you believe comments are warranted.
 
TDI has proposed amendments to 28 Texas Administrative Code that address:
  • Section 1.414 concerning the 2017 assessment of maintenance taxes and fees imposed by the Texas Insurance Code, and
  • Section 7.1001 concerning the 2017 assessments to cover the expenses to examine domestic and foreign insurance companies and self-insurance groups providing workers’ compensation insurance.
These proposed amendments also make nonsubstantive changes to conform to the current department style and usage guide.
 
TDI staff conducted a stakeholder meeting on Oct. 26, 2016, to discuss the proposed rates.
 
These proposals will be published on the TDI website and in the Nov. 11, 2016 issue of the Texas Register. The comment period for these rules will close on Dec. 12, 2016.