Texas Department of Insurance

COMMISSIONER'S BULLETIN #B-0034-09

August 25, 2009

TO: ALL INSURANCE COMPANIES, CORPORATIONS, EXCHANGES, MUTUALS, COUNTY MUTUALS, RECIPROCALS, ASSOCIATIONS, LLOYDS OR OTHER INSURERS WRITING AUTOMOBILE INSURANCE IN THE STATE OF TEXAS

RE: TexasAutomobile Insurance Plan Association (TAIPA) Rates

On August 19, 2009, the Commissioner of Insurance (Commissioner), in accordance with the statutory requirements of the Insurance Code Section 2151.207, issued Commissioner's Order No. 09-0691 relating to changes in the rates for private passenger and commercial automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA), the state’s assigned risk plan.  These changes are effective November 1, 2009.  The Commissioner ordered that the rates charged for private passenger automobile insurance provided through TAIPA be revised by -4.1 percent for bodily injury liability, by +8.3 percent for property damage liability, by -8.2 percent for personal injury protection, and by -2.4 percent for uninsured/ underinsured motorist coverage.  The overall change to the rates for private passenger automobile insurance provided through TAIPA is +2.2 percent. 

The Commissioner ordered that the rates charged for commercial automobile insurance provided through TAIPA be revised to include a modified version of the Insurance Services Office, Inc. (ISO) class factors. The adopted TAIPA commercial automobile rates are based on the most recently accepted ISO loss costs (TDI Link number 99597, ISO filing number CA 2008-BRLA1). 

The revised rates, premiums, rating factors and instructions (machine letters) for companies utilizing EDP equipment to generate TAIPA private passenger and commercial automobile insurance rates for new and renewal business effective on or after November 1, 2009 are available for downloading at the Department’s website:  www.tdi.state.tx.us.  Look for Commissioner’s Bulletin No. B-0034-09 at the following Department website link:  www.tdi.state.tx.us/commish/bulletin.html.  Also available for downloading are the new TAIPA private passenger and commercial automobile rate pages (rate bulletins), similar in format to the rate pages that will soon appear in the TAIPA manual.  These are available in Excel and PDF formats. 

If you are unable to download the machine letters and rate bulletins, you may request a hard copy by contacting Linda Turner at (512) 475-3017.

Other questions regarding private passenger or commercial automobile should be directed to Tammy Lara, Property and Casualty Actuarial Division, (512) 475-3021.

For more information contact: PCActuarial@tdi.state.tx.us