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TDI Seeking Information on Policies in Force

Tuesday, January 7, 2014 | 0

The Texas Department of Insurance is seeking information from carriers and health maintenance organizations on policies in force as it prepares to publish ratios of complaints filed during 2013.TDI said in a regulatory notice Friday that Section 521.052 of the Texas Insurance Code requires ratios be computed as "the number of justified, verified as accurate, and documented as valid complaints" received against insurers and calculated as a percentage of the number of policies in force as of Dec. 31 of the year preceding the complaint ratio report.Filings on policies in force are due no later th...

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