Texas Department of Insurance Posts Extension Schedule for Insurer Financial Filings

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The Texas Department of Insurance has posted a bulletin announcing the extension of selected filing deadlines and a modification of filing requirements for reporting insurers.

The March 25, 2020 bulletin is found at www.tdi.texas.gov/bulletins/2020/B-0009-20.

Insurance Code Chapter or 28 Texas Administrative Code chapter Current deadline Extended deadline
(additional calendar days)
Insurance Code Chapter 651, Financing of Insurance Premiums Section 651.102, relating to annual report, on or before April 1 of each year 45 days
Insurance Code Chapter 823, Insurance Holding Company Systems Section 823.055(b), relating to annual registration statement, summary of material changes, not later than the 120th day after the last day of each fiscal year of the ultimate controlling person must file annual registration statement (Form B) 45 days for April 30th filers
Insurance Code Chapter 823, Insurance Holding Company Systems Section 823.059, relating to filing annual enterprise risk report (Form F) 45 days for April 30th filers
28 Texas Administrative Code Chapter 7, Corporate and Financial Regulation Section 7.68(f)(3), relating to annual and quarterly supplements, including, but not limited to, Management’s Discussion and Analysis, due on or before April 1 45 days
28 Texas Administrative Code Chapter 7, Corporate and Financial Regulation Section 7.83(f)(1), relating to appeal of examination reports, 14 days for first level appeal 14 days for reports transmitted before April 30th

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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