Texas Calls for 2018 Catastrophe Data on Commercial Property, Business Insurance

The Texas Department of Insurance (TDI) has issued special data call to companies that wrote direct commercial property or businessowners insurance in Texas and to certain farm mutual insurance companies that wrote property insurance in Texas during calendar year 2018.

TDI said the data call is necessary to supplement its statistical information and to enable the Texas Windstorm Insurance Association to calculate participation shares for assessments, should they be required in 2019.

The data may also be used in 2020 before data for 2019 is available.

Insurers must complete and return your response to this data call no later than July 22, 2019, TDI said.

An insurance company must respond to this data call if it falls within one of the categories described below. A company subject to this data call must submit the attached data call form and certification to TDI even if the company does not write any applicable business in the Texas catastrophe area.

TDI will email this data call only to companies that fall into one of the following categories:

• Category 1: Companies reporting 2018 Texas commercial property or businessowners statistical data to TDI’s commercial lines statistical agent, Insurance Services Office, Inc. (ISO), under a minimum or limited reporting format that does not include place code or ZIP code-level detail. This category specifically includes companies reporting under the TDI minimum reporting guidelines for commercial lines statistical reporting.
• Category 2: Companies reporting 2018 Texas commercial property or businessowners statistical data to ISO, under a full reporting plan format in which all four quarters of 2018 data have not been fully accepted by ISO as of March 1, 2019. Companies in this category must report premiums for the entire year, not just the quarters of 2018 that ISO has not fully accepted.
• Category 3: Farm mutual insurance companies acting as fronting insurers, as defined by Insurance Code Section 221.001(c), that wrote property insurance in 2018.

Definitions of Terms

Texas catastrophe area – The area comprised of the following Texas counties: Aransas, Brazoria, Calhoun, Cameron, Chambers, Galveston, Jefferson, Kenedy, Kleberg, Matagorda, Nueces, Refugio, San Patricio, Willacy, and the portions of Harris County listed below.

• City of Morgan’s Point
• City of Seabrook – all areas east of Highway 146
• City of La Porte – all areas east of Highway 146
• City of Pasadena – all areas east of Highway 146
• City of Shoreacres – all areas east of Highway 146

Voluntary commercial allied lines direct written premium – The total direct written allied lines premium on commercial monoline or multiple peril policies insuring commercial risks in the Texas catastrophe area that includes coverage for losses due to windstorm damage. Voluntary premium does not include allied lines premium on policies insuring commercial risks in the catastrophe area if the policy contains a windstorm exclusion.

Voluntary businessowners direct written premium – The total direct written premium on businessowners policies insuring commercial risks in the Texas catastrophe area that includes coverage for losses due to windstorm damage. Voluntary premium does not include direct written premium on policies insuring commercial risks in the catastrophe area if the policy contains a windstorm exclusion.

Questions about the data call should be submitted to TDI’s Data Services team by email at DataCall@tdi.texas.gov or by phone at 512-676-6690.

Topics Catastrophe Texas Commercial Lines Business Insurance Data Driven Property