Posted by Sure-Net.com on May 17, 2002 at 03:50:37:
Texas Insurance Commissioner Jose Montemayor Wednesday approved an updated
"bills of rights" for consumers. Automobile and residential property insurance
companies must provide the information to their policy holders. The Office
of Public Interest Counsel submitted the changes. The updated bills include:
l.) the expansion of sections concerning the consumer's right to be told the
reasons for denial, cancellation or nonrenewal of an auto or residential property
policy, and 2.) the addition of an e-mail address to TDI consumer contact
information. An industry spokesman says insurers have long supported providing
the public with as much information as possible when choosing auto and homeowners
insurance.
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