Relating to declination, cancellation, or nonrenewal of insurance policies.

Summary

The bill authorizes the Texas Insurance Commissioner to set rules for how insurers must explain declinations, cancellations or non‑renewals of certain policies. Insurers must provide a written statement of the reasons if the applicant or policyholder asks, and must submit a quarterly report of all such reasons to the Department of Insurance, which will post an aggregated, zip‑code summary online. The measure targets liability, commercial property and other regulated insurance lines to increase transparency for consumers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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