The Commissioner of Insurance, by Commissioner's Order No. 96-0469, Docket No. 2211, has adopted new and/or adjusted 1992 through 1996 model private passenger automobile physical damage rating symbols for the Texas Automobile Rules and Rating Manual (the Manual). The new and/or adjusted symbols for the Manual's Symbols and Identification Section reflect data compiled on damageability, repairability, and other relevant loss factors for the various model years of the listed vehicles. The exhibit attached to staff's petition (Ref. No. A-0995-34-I) omits symbols used by Insurance Services Office (ISO) for multi-purpose and utility type vehicles for 1994 and prior year models, which will continue to be rated according to the traditional method set forth in the Manual, page 2 of the Symbol and Identification Section. For 1995 and later year models, excluding customized vehicles, the symbol for each multi-purpose and utility type vehicle must be used in the same manner as the symbol for a private passenger auto, as required by Commissioner's Order No. 95-0607, effective September 1, 1995. The operative provisions of that order have been printed in the Manual.
The amendments were adopted to become effective July 1, 1996.
David P. Durden
Deputy Commissioner
Property and Casualty Insurance