Transcript Highlights:

• The program is primarily managed through sound underwriting policies.
• I think prudent underwriting provides the foundation for long-term stability.
• So as a community banker, how do your underwriting processes differ?
• We've got to reevaluate the situation when it comes to the underwriting.
• What I do know is about underwriting standards.

Keywords: SBA, 7A loan program, underwriting standards, loan defaults, Community Advantage Program, small business funding, testimony

Summary: The committee meeting focused on discussions regarding the SBA's 7A loan program and its implementation challenges. Members raised significant concerns about recent changes to the underwriting standards, which have been criticized for leading to an increase in loan defaults. Ranking members expressed a desire for a return to stronger guidelines to protect taxpayers and ensure the program remains a viable source for small businesses struggling to secure funding. Testimonies from community lenders highlighted their efforts to support underserved communities and stressed the importance of the Community Advantage Program.

Transcript Highlights:

• Insurers can still consider medical diagnosis, family history, and medical records during underwriting
• So we are looking to make sure that genetic testing results cannot be used in the underwriting process
• this bill would ensure that that genetic information or testing results would not be part of the underwriting
• mind as we're making important life-changing decisions regarding coverage of health insurance and underwriting
• And insurers did just fine basing underwriting decisions on personal and family health history for hundreds

Bills: H5112, S2921, H4914

Keywords: genetic discrimination, genetic testing, genetic information, DNA, hereditary risk, insurance underwriting, life insurance, health insurance, long-term care insurance, disability insurance, medical privacy, consumer protection, anti-discrimination, insurer regulation, Commissioner of Insurance, chapter 176D, underwriting, hereditary disease, genomics, travel insurance

Summary: The Joint Committee on Financial Services held a fully virtual public hearing because the State House was closed due to a state of emergency and the prior day’s blizzard. Chairs Senator Paul Feeney and Representative James Murphy explained the decision to proceed virtually so the committee could meet bill-reporting deadlines, and they thanked first responders, DPW crews, plow operators, health care workers, and legislative staff for their efforts during the storm. Most of the testimony focused on H.5112, an act prohibiting genetic discrimination. Representative Dave Rogers and his constituent Robin Biggs testified in support, describing how federal law protects against genetic discrimination in health insurance and employment but not in life, long-term care, or disability insurance. Biggs shared her personal experience as a BRCA2 mutation carrier who was advised to secure life insurance before genetic testing, and she said the bill would let people seek testing and preventive care without fear of financial punishment. Lindsay Jack of the ALS Association and Lisa Schlager of FORCE also supported the bill, arguing that genetic testing helps people make informed medical decisions, participate in research, and pursue early intervention, while current insurance practices can discourage testing and lead to unfair underwriting based on genetic risk rather than actual illness. Committee members asked questions about whether insurers routinely ask about genetic testing and whether such information is already used in underwriting. The witness from the ALS Association said insurers commonly request this information and that the bill would bar its use in underwriting decisions. Representative Kerans asked Biggs about the cost of her screenings, and Biggs said some expensive tests still generate significant out-of-pocket bills. No votes were taken. In addition to H.5112, the chairs noted two other bills on the docket: H.4914, an act relative to the Massachusetts Uniform Commercial Code, and S.2921, an act relative to travel insurance. After testimony concluded and no additional witnesses came forward, the chairs thanked staff for making the hearing possible on short notice and adjourned the meeting by unanimous voice vote.

Transcript Highlights:

• underwriting.
• Madam Chair, Senator, you cannot switch without underwriting.
• No, you would have to go through underwriting.
• They cannot leave this policy without getting additional underwriting.
• Under current law, you have to go through underwriting.

Bills: SB21, SB42, SB81, SB101, SB139

Keywords: SB 21, Medicare supplement, Medigap, open enrollment, guaranteed issue, birthday month enrollment, health insurance, insurance regulation, senior health coverage, elderly, retiree, Medicare beneficiaries, preexisting conditions, underwriting restrictions, premium discrimination, New Mexico insurance law, superintendent of insurance, health care coverage, policy portability, healthcare

Transcript Highlights:

• You have a system that needs to have accurate data in order to underwrite and rate, and by taking that
• If you don't keep your phone charged high enough, that is a rate risk factor for underwriting.

Bills: HB712, HB722, HB946, HB1687, HB1809, HB1899, HB2528, HB2583, HB2741, HB2750, HB3021, HB3150, HB3265, HB3658, HB3812, HB3960, HB4392, HB4432

Keywords: prostate cancer, health benefit plans, insurance coverage, cost sharing, preventive health care, auto insurance, total loss evaluation, disclosure, insurance materials, vehicle appraisal, HB 946, Texas Insurance Code, automobile insurance claims, oral release, written release, settlement agreement, claim release, property damage, bodily injury, psychological injury

Transcript Highlights:

• that provides that they will provide notice of the insured's right to request that the insurer re-underwrite
• this does is just require the insurer to notify the insured that you have a right to request a re-underwriting
• And so the other thing would be to allow an insured to request a re-rating or re-underwriting based on
• However, Section 544.003 creates a broad exception to this if a rate increase is based on sound underwriting
• lays out pending business: HB2841 by Smithy, relating to Texas Windstorm Insurance Association underwriting

Bills: HB712, HB722, HB946, HB1687, HB1809, HB1899, HB2528, HB2583, HB2741, HB2750, HB3021, HB3150, HB3265, HB3658, HB3812, HB3960, HB4392, HB4432

Keywords: prostate cancer, health benefit plans, insurance coverage, cost sharing, preventive health care, auto insurance, total loss evaluation, disclosure, insurance materials, vehicle appraisal, HB 946, Texas Insurance Code, automobile insurance claims, oral release, written release, settlement agreement, claim release, property damage, bodily injury, psychological injury

Transcript Highlights:

• examine each modeling and data organization filing pursuant to statutory regulations regarding joint underwriting
• Filing pursuant to statutory regulations regarding joint underwriting and joint reinsurance organizations

Bills: HB2016, HB2104, HB2105, HB2174, HB2256, HB2289, HB2477, HB2903, HB2939, HB2979, HB2996, HB4103

Keywords: tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land

Transcript Highlights:

• the provision ensures a maximum of five years when looking back into claims for homeowners for underwriting

Bills: HB3048, HB3259, HB3646, HB3696, HB3780, HB3781, HB3802, HB3818, HB4294, HB4488, HB2929

Keywords: insurance, nonadmitted insurers, surplus lines, insurance regulation, Oklahoma, health insurance, contracting entities, medical providers, enrollment, beneficiary rights, property and casualty, rates, filing, Insurance Commissioner, regulation, property, regulations, actuary, rate filing, independent review

Transcript Highlights:

• Medigap plan to another carrier or plan because they would otherwise have to go through medical underwriting
• for Medigap plans in New Mexico and also doesn't let the plans, the carriers, do that medical underwriting
• Because they'll go through medical underwriting, and a plan will accept them.
• They may be able to switch; however, they would have to go under the underwriting, and they're going
• Then you are not able to change plans without underwriting.

Bills: SB101, SB21, HM52, HB132, SB14, SB20

Keywords: SB 101, Health Care Delivery and Access Act, repeal of repeal, sunset repeal, delayed repeal, health care, healthcare, access to care, medical services, provider regulation, state health law, New Mexico, SB 21, Medicare supplement, Medigap, open enrollment, guaranteed issue, birthday month enrollment, health insurance, insurance regulation

Bills: HB3783, HB2955, HB3802, HB4488, HB2471, HB3781, HB3127

Keywords: HB3783, plumbing apprentice, endorsed apprentice, endorsed plumbing apprentice, journeyman plumber, plumbing license, Construction Industries Board, Committee of Plumbing Examiners, apprenticeship, trade license, vocational education, occupational licensing, professional licensing, Title 59, Plumbing License Law of 1955, licensure exam, journeyman examination, apprentice registration, plumbing industry regulations, administrative penalty

Transcript Highlights:

• EWA services do not involve lending-related activities such as pulling credit reports, underwriting,
• There is no application, credit report pulls, or underwriting. Third, the product is non-recourse.

Bills: HB2118, HB2181, HB2308, HB2309, HB2402, HB2476, HB2682, HB2698, HB2875, HB2877, HB2903, HB2910

Keywords: mobile food vendors, licensure, food safety, statewide regulations, health standards, zoning, temporary vendors, HB2181, death certificate, death certificates, vital records, funeral establishment, funeral home, human remains, medical certification of death, death registration, state registrar, local registrar, county medical examiner, alternate medical examiner

Transcript Highlights:

• It requires insurers in Texas who use credit scoring in the underwriting or rating of insurance to update
• Senate Bill 1644 will require insurers in Texas to... ...to utilize credit scoring in the underwriting
• some ways than a traditional credit score, as the Chairman alluded to. used for the rating and underwriting
• the data call and when they must receive the statistical reports from title insurance agents and underwriters

Bills: SB458, SB819, SB1238, SB1642, SB1643, SB1644, SB1791, SB1810, SB1824, SB1825, SB758, SB1455, SB1706

Keywords: insurance appraisal, property insurance, auto insurance, homeowners insurance, residential property, disputed loss, loss valuation, appraisal clause, appraiser, umpire, Texas Department of Insurance, TDI, insurance dispute resolution, claims adjustment, total loss, windstorm insurance, FAIR Plan, surplus lines insurance, policyholder, insurer

Transcript Highlights:

• actually have funds diverted to them in order to support excessive rate filings by the primary underwriting

Bills: HB854, HB 1052, HB1642, HB2076, HB3042, HB3695, HB3787, HB4062, HB4092, SB213, SB493, SB896, HB5519, HB4635

Keywords: insurance, replacement cost, homeowner's policy, renter's policy, condominium insurance, property damage, claims process, telemedicine, teledentistry, telehealth, health benefit plan, insurance coverage, out-of-state services, anxiety, pain management, contraceptive devices, women's health, medical procedures, healthcare, laboratory

Bills: HB854, HB 1052, HB1642, HB2076, HB3042, HB3695, HB3787, HB4062, HB4092, SB213, SB493, SB896, HB5519, HB4635

Keywords: insurance, replacement cost, homeowner's policy, renter's policy, condominium insurance, property damage, claims process, telemedicine, teledentistry, telehealth, health benefit plan, insurance coverage, out-of-state services, anxiety, pain management, contraceptive devices, women's health, medical procedures, healthcare, laboratory

Bills: SB1303, SB1343, SB1435, SB1438, SB1444, SB1641, SB1765, SB1916, SB2067

Keywords: workers' compensation, workers comp, Oklahoma Workers' Compensation Commission, Administrative Workers' Compensation Act, self-insurance guaranty fund, multiple injury trust fund, physician advisory committee, advisory council on workers' compensation, workers' compensation court, insurance, employer liability, self-insured employer, fund transfer, records transfer, agency reorganization, statutory cleanup, technical corrections, Title 85A, SB1343, Vision Plan Contractual Requirements Act

Transcript Highlights:

• That's because if you choose a different plan or carrier, you'd have to go through medical underwriting
• That's because if you choose a different plan or carrier, you'd have to go through medical underwriting
• So you have to go through that, well, sorry, because of the medical underwriting issue.
• So you have to go through that, well, sorry, because of the medical underwriting issue.

Bills: SB20, SB21, SB166, SB177, SB181, SB189, SM6

Keywords: prior authorization, pharmacy benefits manager, PBM, health insurer, prescription drugs, step therapy, formulary, auto-adjudication, electronic portal, appeals, medical necessity, serious mental illness, mental health, schizophrenia, bipolar disorder, major depression, substance use disorder, addiction treatment, cancer, autoimmune disorder

Bills: SB 1493, SB 1598, SB 1895, SB 1919, SB 2039, SB 2226, SB 2243, SB 2425

Keywords: SB 1493, Texas Transportation Code, motor vehicle lighting, vehicle lighting standards, high-mounted stoplamp, center high mount stop lamp, CHMSL, brake light, stop lamp, federal motor vehicle safety standards, 49 C.F.R. 571.108, FMVSS 108, vehicle inspection, automotive compliance, Transportation Committee, Texas vehicle equipment, motor vehicle collision report, crash report, accident report, traffic accident

Summary: The committee meeting focused on two primary bills, SB1598 and SB1493. SB1598, introduced by Senator Hagen Booth, addresses the clarity of collision report information access for law enforcement, aiming to enhance the tools available to police agencies across Texas for solving crimes. The meeting featured strong support from police representatives, including Sheriff Brian Hawthorne of Chambers County, who emphasized the significance of the CARFAX program for police in facilitating access to vital vehicle information, free of charge. Public testimony reflected a consensus on the necessity of the bill for improved investigatory processes.

Bills: SB1493, SB1598, SB1895, SB1919, SB2039, SB2226, SB2243, SB2425

Keywords: SB 1493, Texas Transportation Code, motor vehicle lighting, vehicle lighting standards, high-mounted stoplamp, center high mount stop lamp, CHMSL, brake light, stop lamp, federal motor vehicle safety standards, 49 C.F.R. 571.108, FMVSS 108, vehicle inspection, automotive compliance, Transportation Committee, Texas vehicle equipment, motor vehicle collision report, crash report, accident report, traffic accident

Summary: The Senate Transportation Committee heard and advanced a wide range of transportation-related bills. Early in the meeting, SB 1598 by Senator Hagenbuch was heard on allowing collision report information to be used and shared more clearly for law enforcement investigations, including through records-management partners and nonconfidential VIN data; the bill drew support from the Sheriff’s Association and Carfax for Police and was left pending before later being reported favorably. SB 1493 by Senator Parker, which would codify DPS’s position on flashing/pulsing stop lamps as compliant with federal standards, also received supportive testimony and was reported favorably. SB 1895 by Senator Perry would designate Loop 88 in Lubbock as a First Responders Memorial Loop and was reported favorably, and SB 1919 and SB 2243 by Senator West, dealing with TxDOT liability claim settlements and TxDMV authority to require VIN inspections for certain trailers, were likewise heard without opposition and later reported favorably. SB 2039, concerning right-of-way and traffic rules for sidewalk users such as bicycles, e-bikes, skateboards, and scooters, was heard and left pending before being reported favorably later in the meeting. SB 2226 by Senator Nichols, reducing the local match requirement for aviation grants in economically disadvantaged counties from 10% to 5%, was discussed with TxDOT testimony explaining how federal and state airport funding interact; it was reported favorably. SB 2499 by Senator Flores, involving memorial markers and an account for donations, and SB 1394 by Senator Hall, concerning concrete truck axle rules, were also reported favorably. The committee recessed after handling the pending items and leaving some additional matters for a later hearing. A major portion of the meeting focused on SB 2425 by Senator Nichols, a comprehensive bill on commercial autonomous vehicles. The author said the bill was developed through extensive stakeholder meetings with industry, agencies, insurers, and lawyers, and it would require AV companies to provide information to TxDMV, submit first-responder interaction plans to DPS, and allow DPS and DMV to suspend or revoke operations in certain circumstances. The committee substitute also updated definitions, addressed Level 3 systems, clarified commercial use and fleet penalties, and created an expedited process for reinstating operating authority after disputes. Supporters included the Texas Public Policy Foundation, Tesla, GM Cruise, Bot Auto, and the Autonomous Vehicle Industry Association, who said the bill balances innovation and safety and helps Texas remain a leader in AV deployment. One witness opposed the bill, arguing that it would improperly shield manufacturers from liability, but committee members and the industry witnesses said liability would continue to be governed by state law and that the bill was intended to clarify, not eliminate, responsibility. After debate, the committee adopted the substitute and reported SB 2425 favorably on a 6-0 vote. Throughout the hearing, members asked questions about practical effects and funding. On SB 2226, TxDOT’s aviation director explained that some airports already receive federal and state support and that the bill would mainly help state-only airports in disadvantaged counties that struggle to meet local match requirements. On SB 2425, members asked about reliability metrics, commercialization, and liability; industry witnesses said the technology is still being refined but that Texas’s framework has attracted investment and could improve road safety over time. Several bills were recommended to the local and uncontested calendar after favorable votes, and the committee also agreed to keep motions in writing open briefly for members who were absent, so long as doing so would not change any bill outcomes.

Transcript Highlights:

• I've been underwriting insurance for almost eight years.
• Underwriting is the cornerstone of fair and accurate pricing.
• So, as you said, underwriting guidelines are what you consider.
• Underwriting, so, as you said, underwriting guidelines are what you consider.
• base our underwriting, our pricing, off of that test.

Summary: The committee heard several insurance-related bills. AB 69, AB 1554, and AB 1680 all focused on California’s insurance market and the Fair Plan. AB 69 would require clearer notices to Fair Plan policyholders about coverage options, quarterly public reporting on clearinghouse programs, and additional broker/agent training to help depopulate the Fair Plan while preserving consumer choice. AB 1554 would require the California Earthquake Authority to post its annual report online and send it to relevant committees, and would direct the Insurance Commissioner to convene a working group on incorporating hazard mitigation into risk-transfer recommendations. AB 1680 would require the Fair Plan to comply with CDI examination findings, hire more staff, and improve clearinghouse operations; the Fair Plan moved from opposition to neutral after amendments, and the department said the bill would strengthen accountability and consumer protections. These bills were held pending quorum or taken up later, with authors requesting aye votes. AB 2198, by Assemblymember Rodriguez, would clarify title insurance rate-filing rules by specifying that title insurers file title rates and underwritten title companies file escrow rates, reducing duplicative filings and requiring rate schedules to be posted online. The California Land Title Association supported the bill, saying it codified longstanding practice and improved transparency, while the department continued discussions about possible revisions. The bill was left open for further questions and a later vote. AB 1795, by Assemblymember Gibson, would create statewide standards for inspecting, testing, and remediating smoke damage in wildfire-affected homes. The author and the Department of Insurance said the bill would establish science-based standards, protect survivors from unsafe reentry, require training and certification for relevant professionals, and improve claims handling; the department also described serious gaps found in its Fair Plan examination and recent wildfire claims. Insurers and some residents opposed or opposed unless amended, arguing the bill was still too broad, could raise costs, relied too much on industry standards, and left unresolved issues about legal standards, timing, and coverage. The bill remained under discussion, with the author saying negotiations would continue. AB 311, by Assemblymember McKinnor, would create an optional telematics-based auto insurance program to reward safer driving and improve road safety. Supporters, including road-safety advocates, victims’ families, and some insurance representatives, argued telematics could reduce speeding and distracted driving and save lives. Opponents, including privacy and consumer groups, argued the bill would create opaque surveillance pricing, undermine Prop. 103, and raise privacy and fairness concerns. After extensive debate, the committee passed the bill on a 3-0 vote and placed it on call. AB 1798, by Assemblymember Wilson, would bar life and disability insurers from using non-diagnostic genetic information from direct-to-consumer or other predictive genetic testing to deny coverage or raise premiums, while preserving use of medical history and family history and allowing consideration of certain high-value policies above $1.5 million. Supporters said the bill would reduce genetic discrimination and encourage testing; insurers argued genetic information is relevant to underwriting and warned the bill could raise costs and create inconsistencies. The committee chair and members noted the bill was close to agreement but still needed work, and the bill was moved with a 3-0 vote and placed on call.

Transcript Highlights:

• The underwriter is going to follow the underwriting guidelines. I think that's perhaps what, right?
• The underwriting guidelines, I think that's perhaps what, right?
• And how it's going to be used in the underwriting.
• I'm going to use it to underwrite.
• This bill does not change underwriting processes or rate making.

Summary: The committee heard a lengthy insurance-focused agenda, including special-order bills on wildfire mitigation, Fair Plan accountability, aerial imagery, genetic testing, and wildfire moratoriums. AB 1888 would require California Safe Homes Grant Program work to be performed by a skilled and trained workforce at prevailing wage; it drew support from the author, Insurance Commissioner Ricardo Lara, and labor representatives, with no opposition heard. AB 1680, the “Make-It-Fair Act,” would impose accountability and consumer-protection reforms on the California FAIR Plan in response to Department of Insurance examination findings; it passed out on a do-pass motion to Appropriations, though the FAIR Plan Association remained opposed unless amended. AB 1559 would require notice and access rights when insurers use aerial images of homes and allow in-person inspection requests; it passed on a do-pass motion to Privacy and Consumer Protection, with broad support and one “concern” witness. The committee also took up AB 1798, which would bar life and disability insurers from using non-diagnostic genetic information, including direct-to-consumer genetic testing, for underwriting below a $1.5 million coverage threshold. Supporters, including the author, the Insurance Commissioner, the ALS Association, and several consumer and biotech groups, argued the bill would reduce fear of genetic discrimination and encourage testing and research. Opponents from life insurance and financial advisor groups argued the bill could impair risk-based underwriting and raise premiums, especially in the middle market. After extensive back-and-forth on the distinction between predictive genetic data and doctor-assessed medical risk, the bill passed as amended to Privacy and Consumer Protection on a do-pass vote, with several members voting no. AB 2038 would extend wildfire-related nonrenewal moratoriums from two to three years for total-loss homes and from one to two years for homes in and around fire zones. Supporters said the change better matches the real rebuilding timeline after major fires and protects displaced homeowners from losing coverage while rebuilding. Insurers and trade groups opposed the measure, warning that longer moratoriums could force carriers to reduce exposure elsewhere and worsen the broader availability crisis. The bill passed to Appropriations on a do-pass vote. The committee also approved AB 1800, which adds eyewear to portable electronics insurance coverage, and moved a consent calendar of additional bills, including AB 1554, AB 1683, AB 1781, and AB 2471. Later, AB 2198 was introduced to clarify title-rate filing responsibilities between title insurers and underwritten title companies and to require rate schedules to be posted publicly.

Transcript Highlights:

• Or indirectly, cannot be used to make underwriting decisions.
• I've been underwriting insurance for almost eight years.
• Underwriting is the cornerstone to fair and accurate pricing.
• underwriting guidelines is what you consider.
• Not everything in the medical file is even relevant to underwriting.

Keywords: 987, senate, all