TDI proposes new and amended sections to implement HB 998 (FAIR Plan property owners' association insurance)

Texas Department of Insurance sent this bulletin at 06/10/2024 04:57 PM CDT

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TDI proposes new and amended sections to implement HB 998 (FAIR Plan property owners' association insurance)

The Texas Department of Insurance proposes amendments to 28 TAC §§5.9910, 5.9911, 5.9913 - 5.9917 and new §§5.9930 - 5.9933. The proposed new and amended sections implement House Bill 998 (88R, 2023), which allows the FAIR Plan Association to provide property owners' association insurance in a designated area.

View the proposal for the full text and how to submit comments. For other dates and documents related to this action, visit TDI’s Proposed and Adopted Rules for 2024 webpage.