SENATE

NOTICE OF PUBLIC HEARING

COMMITTEE: Business & Commerce

TIME & DATE: 1:00 PM, Wednesday, October 05, 2016

PLACE: E1.016 (Hearing Room)
CHAIR: Senator Kelly Hancock

 

The Senate Committee on Business and Commerce will meet on October 5, 2016 at 1:00 PM in E1.016 to discuss the following business:

 

1)Review all occupations licensed under Texas law to determine the extent to which continued state regulation and licensure is required to protect public health and safety. Examine methods to ensure greater legislative oversight of new regulations, scope, and necessity of certain licenses and make recommendations for state licenses that should be repealed or transitioned to private-sector enforcement.

 

2) Monitor the number of lawsuits related to property claims filed as a result of multiple hail storms and weather related events across Texas. Examine negative consumer trends that may result in market disruption such as higher premiums and deductibles, less coverage, non-renewals, and inability to secure coverage due to insurance carrier withdrawal from the state and make recommendations on legislative action needed.

 

3) Monitor the implementation of legislation addressed by the Senate Committee on Business and Commerce during the 84th Legislature, Regular Session and make recommendations for any legislation needed to improve, enhance, and/or complete implementation. Specifically, monitor the following:

          Changes made to the operation of the Texas Windstorm Insurance Association;

          The regulation of public insurance adjusters.

 

The hearing will include invited testimony only.