Texas Department of Insurance

   

COMPANY LICENSING & REGISTRATION

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Information & Advice

Potential Insurance Corporations and Insurers Seeking Admission Into the Texas Market

 

To:  All Authorized Property & Casualty Carriers
The following bulletin is in regards to new legislation (effective September 1, 2009) affecting minimum Capital and Surplus requirements for Property & Casualty ("P&C") Insurers.  Bulletin B-0006-10 issued February 10, 2010, amends TEX. Ins. Code §822.054, to require P&C carriers in Texas to have $2.5 million in capital and $2.5 million in surplus.
HB 1476 explains the phase-in process for all P&C insurers to meet the increased minimum surplus requirements. 

FINGERPRINT INFORMATION & INSTRUCTION
NOTICE
:
  After April 30, 2010, we will no longer accept Fingerprint Cards.  Any Fingerprint Cards received after April 30, 2010, will be returned to sender at sender's expense.  If the officer resides in an area not serviced by L1, or resides in any state other than Texas, please follow these steps to complete the fingerprinting process: 

1        Print and complete the FAST Fingerprint Card Scan Authorization Form from TDI’s website, www.tdi.state.tx.us/forms/form11.html.  ALL information requested on the FAST Fingerprint Card Scan Authorization Form MUST be provided.  That includes sex, race, date and place of birth, home address, etc.  If the required information is not provided, the fingerprint card cannot be processed. 

2        Get fingerprinted by a criminal law enforcement agency on an original APPLICANT fingerprint card that includes Texas Department of Insurance ORI TX920540Z.  ALL requested information must be provided on the fingerprint card and you and the official taking the fingerprints must sign the card.  Blank cards may be obtained from TDI by calling 512-322-3503 or e-mail request to License at www.tdi.state.tx.us.    All fingerprints MUST be captured by a law enforcement agency. 

3        Make check for $44.20 payable to “L1 Enrollment Services”.

4        Mail the completed Fingerprint Card Scan Authorization Form, original fingerprint card and check to:

L1 Enrollment Services
1650 Wabash Avenue, Suite D
Springfield
, IL 62704

 5        Wait for a FAST receipt from L1 Enrollment Services.  The receipt should be mailed to the applicant's home address.  If the applicant hasn't received the receipt within a month, please contact L1 Enrollment Services at 1-888-467-2080 to receive a faxed copy.  The FAST receipt must be attached to the TDI filing.  The FAST receipt allows TDI to locate criminal history information. 

 

Related Archived Bulletins regarding Fingerprints:
Commissioner's Bulletin B-0043-07, re:  Fingerprinting and Electronic Procedures (effective Oct 22, 2007)
Commissioner's Bulletin B-0045-06, re:  Fingerprint fee and Electronic Procedures (effective Jan 1, 2007)
Links to Fingerprint Forms:
FAST Pass Form (for electronic fingerprint appointment)
Fingerprint Card Scan Authorization Form
Mailings & Requests

Mail filings and requests for information to:
Company Licensing & Registration MC 305-2C
Texas Department of Insurance
P.O. Box 149104
Austin, Texas 78714-9104

TDI's street address:
333 Guadalupe, Austin 78701
William P. Hobby Building

Direct telephone inquiries as follows:
Admitted Market (512) 322-4370
Surplus Lines & Registration
(512) 322-3535
Bonds & Securities (512) 322-4124
FAX: (512) 490-1035

For business data and information: go to Business Development

The Company Licensing & Registration Division incorporates, licenses, and registers the following risk-bearing entities that wish to operate in the Texas Insurance Market:

The Division also processes transactions such as charter amendments, license amendments, redomestications, reinsurance agreements, mergers, withdrawal plans, license cancellations, and dissolutions.

Company Licensing and Registration also serves as the official custodian of corporate insurance records, maintains biographical information on officers and directors of licensed companies, and manages required statutory deposits.

Refer to Authorized Insurance Companies (zip file) for a list of companies doing business in Texas.  Includes:  Addresses, Date of Incorporation, License Date, Phone Numbers, Officer Names, Licensed Lines, Assets, Liabilities, etc.

Refer to Surplus Lines Companies for a list of Surplus Lines Companies that includes name, city, state, and eligibility date.

Highlights

New Fingerprint Fee & Schedules - Please see information/instructions above. FAST Pass Form (for electronic fingerprint appointment) | Fingerprint Card Scan Authorization Form

Mail filings and requests for information to:
Company Licensing & Registration MC 305-2C
Texas Department of Insurance
P.O. Box 149104
Austin, Texas 78714-9104

Direct telephone inquiries as follows:
Admitted Market
(512) 322-4370
Surplus Lines & Registration (512) 322-3535
Bonds & Securities
(512) 322-4124
FAX: (512) 490-1035


More Highlights: Compact with Texans | Services Offered | Help by Service | More On TDI





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Last updated: 08/17/2010



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