H.B. No. 2877
 
 
 
 
AN ACT
  relating to liability insurance closed claim reports.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 38.153(a), Insurance Code, is amended to
  read as follows:
         (a)  Not later than the 10th day after the last day of the
  calendar quarter in which a claim for recovery under a liability
  insurance policy is closed, the insurer shall file with the
  department a closed claim report if the indemnity payment for
  bodily injury under the coverage is $75,000 [$25,000] or more.
         SECTION 2.  Section 38.155(a), Insurance Code, is amended to
  read as follows:
         (a)  An insurer shall file with the department a summary
  closed claim report for a claim for recovery under a liability
  insurance policy if the indemnity payment for bodily injury under
  the coverage is less than $75,000 [$25,000] but more than $25,000
  [$10,000].
         SECTION 3.  Section 38.157(a), Insurance Code, is amended to
  read as follows:
         (a)  An insurer shall file with the department one report
  containing the information required under this section for all
  claims closed within the calendar year for which the indemnity
  payments for bodily injury under the coverage are $25,000 [$10,000]
  or less, including claims for which an indemnity payment is not made
  on closing.
         SECTION 4.  Section 38.158, Insurance Code, is amended to
  read as follows:
         Sec. 38.158.  ALTERNATIVE REPORTING. (a) After notice and
  public hearing, the commissioner may provide for alternative
  reporting in the form of sampling of the required closed claim data
  instead of requiring insurers to file the closed claim data
  required by this subchapter.
         (b)  The department may use a statistical reporting agency to
  reconcile the data.
         SECTION 5.  This Act applies only to a closed claim report
  that is filed with the Texas Department of Insurance on or after the
  effective date of this Act. A closed claim report that is filed
  with the department before the effective date of this Act is
  governed by the law as it existed immediately before the effective
  date of this Act, and that law is continued in effect for that
  purpose.
         SECTION 6.  This Act takes effect September 1, 2009.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 2877 was passed by the House on April
  22, 2009, by the following vote:  Yeas 149, Nays 0, 1 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 2877 was passed by the Senate on May
  18, 2009, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor