By Commissioner's Order No. 09-0937, issued November 18, 2009, the Commissioner of Insurance has adopted Subchapter O, §5.9501 of the Texas Administrative Code, Title 28. The new rule adopted by reference the revised Texas Commercial Lines Statistical Plan (TCLSP), effective January 1, 2010.
The revised TCLSP incorporates the same requirements and instructions for the reporting of commercial lines insurance premium and loss data to the Department as the prior TCLSP, effective January 1, 1995, with the exception of the reporting of fidelity and surety experience data. The changes to the fidelity and surety premium and loss experience reporting in the revised TCLSP standardize the manner in which fidelity and surety insurers report premium and loss experience. These changes consist of the updating of certain coverage and class fields and codes. Some of the fields and codes contained in the Quarterly Fidelity and Surety Experience Report of the 1995 TCLSP were not consistent with the standard fields and codes utilized by fidelity and surety insurers to submit premium or loss experience data in other states.
Additionally, the revised TCLSP updates the reporting media instructions because technological advances have rendered diskettes obsolete in favor of CDs and DVDs as media storage mediums. The revised TCLSP also incorporates minor changes to correct misspelled words and erroneous punctuation and to replace the references from "manual" to "Plan" for internal consistency.
A complete copy of the TCLSP can be downloaded at:
http://www.tdi.state.tx.us/company/indexpc.html#stat.
Questions relating to this bulletin should be directed to the undersigned at 512-475-3026 or by e-mail to gary.gola@tdi.state.tx.us.
Gary Gola
Property & Casualty - Data Services