Texas Insurance Code 2006.053 – Approval of Certain Actuarially Justified Premium Discounts and Rating Programs
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The commissioner may approve:
(1) a premium discount filed with the department that is greater or less than the discount specified by Section 2006.052 if the commissioner determines the discount is actuarially justified; or
(2) a rating program filed with the department that is based on claim or loss experience and is not a discount described by Section 2006.052 or Subdivision (1) if the commissioner determines the program is actuarially justified.