COMPANY LICENSING & REGISTRATION
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Information & AdvicePotential Insurance Corporations and Insurers Seeking Admission Into the Texas Market
To: All Authorized Property & Casualty CarriersThe 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 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:
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 & RequestsMail filings and requests for information to: TDI's street address: Direct telephone inquiries as follows: 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. HighlightsNew 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: Direct telephone inquiries as follows: More Highlights: Compact with Texans | Services Offered | Help by Service | More On TDI Related LinksContacts & Favorites
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For more information contact: Last updated: 08/17/2010 | ||||||||||||||||||||||||||||||||||||||||||
