INSURER STATEMENT.
Tex. INS Code § 551.109.
in effectAn insurer shall provide a written statement of the reason for a declination of a completed and submitted application for an insurance policy or a cancellation or nonrenewal of an insurance policy. The statement must comply with:
(1) Sections 551.002 (b) and (c); and
(2) rules adopted under Section 551.002 (d).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
