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Texas insurance regulations Form: What You Should Know

Of the Texas Insurance Code. TDI Releases Changes in Form A Requirements and Confidentiality May 21, 2023 — The Texas Department of Insurance (TDI) announced revisions in their Forms A requirements and confidentiality requirements and released the final versions of all Forms A and Forms F. The final versions of Forms A will be available in April 2017, while the final versions of Forms F will be available mid- to late May 2017. The revisions address a number of concerns raised by the Insurance Fraud Commission (IFIC) regarding confidentiality and requirements under the Insurance Code. In the interim, an amended version of TDI Form 10 has been released to address confidentiality and requirements for Form A. The form identifies both form authorizers and requesters and gives them both of the same options, if they choose to request confidentiality from the TX DOI. New Form A Documentation Requirements in the Federal Register Mar 14, 2023 — The National Association of Insurance Commissioners released a new version of Form A and added some new content. The new Form A incorporates new guidance from the U.S. Department of Labor regarding Form A information exchange and the requirement for submission of Form OA and Form E for certain self-insured entities. Form of Insurance Information. The Forms A and F of the Texas Insurance Code require that the business or insurer identify both the type of insurance contract for which it is providing coverage and the extent of coverage for each contract. (a) The Texas Insurance Code requires that each form authorizer provide each type of insurance coverage and the amount of coverage for all policies to which that authorization applies. (b) The Texas Insurance Code requires that each type of insurance contract for which the form authorizer is providing coverage and the extent of coverage for each contract be identified in at least the following format: Date of Issue Date of Effect Type of Coverage Amount of Coverage Form A. Insurance, Commercial General Liability Effective January 1, 1986. TEXAS INSURANCE CODE ANNUAL AUGUST 2011 CERTIFICATE OF INSURANCE: “A certificate for insurance provided in accordance with this article was signed by the authorizer on August 8, 1991. The certificate is not transferable and is not for the use or benefit of another person.” Effective July 1, 1987; October 1, 1987 [8] Dated this 6th day of May 1988.

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