Tex. Insurance Code § 402.104
CONTENT OF REPORT CONCERNING MATERIAL NONRENEWALS, CANCELLATIONS, AND REVISIONS
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 402.104, CONTENT OF REPORT CONCERNING MATERIAL NONRENEWALS, CANCELLATIONS, AND REVISIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677363
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Full text
In a report of a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement under Section 402.002, an insurer or health maintenance organization shall disclose:
(1) the effective date of the nonrenewal, cancellation, or revision;
(2) a description of the transaction that identifies the initiator of the transaction;
(3) the purpose of the transaction; and
(4) if applicable, the identity of each replacement reinsurer.