Texas Insurance Code 2003.051 – Annual List of Insured Fire Losses by Municipality
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(a) The department shall compile for each municipality in this state a list for distribution to the municipality of the insured fire and lightning losses that:
(1) exceed $100; and
(2) are paid in the municipality for the preceding statistical year under policy forms:
(A) adopted or approved by the commissioner and authorized for use by Section 2301.052(b); or
(B) filed and in effect as provided by Section 2301.052(a).
(b) Each list must include:
(1) the name of each person recovering a loss under a policy form described by Subsection (a);
(2) the address or location where the loss occurred; and
(3) the amount paid by the insurer on the loss.
Terms Used In Texas Insurance Code 2003.051
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) The department shall develop each list from information obtained from insurer reports of individual losses during the statistical year.
