None.
None.
(Identify the item), Meeting files, Texas State Board of Insurance. Archives and Information Services Division, Texas State Library and Archives Commission.
The Board of Insurance regulates the state's insurance and fire prevention industries primarily under the provisions of the Texas Insurance Code, the basic objectives of which are to ensure the financial soundness of the insurance industry and to protect the insurance consumer. The board determines agency policy, sets rules, promulgates and approves rates in certain property/casualty lines of insurance, hears appeals of administrative rulings, and enforces statutory mandates. The board appoints, with the consent of the senate, the commissioner of insurance, who acts as the executive and administrative officer of the agency. The commissioner of insurance oversees four specialized units and four broad programs. Three of the specialized units are (1) Hearings, which conducts formal administrative hearings; (2) Conservation, which attempts to rehabilitate and conserve insurance entities with impaired financial conditions; and (3) Liquidation, which operates under court order to liquidate insolvent companies. The agency's four broad programs are the Regulated Lines and Licensing Program, the Financial Program, the Compliance Program and the Administrative Services Program. Regulated Lines and Licensing, with its property, casualty, life, and licensing sections, has jurisdiction for most of the statutory filings processed by the board. The Financial Program is responsible for monitoring the solvency and business affairs of insurance companies licensed in Texas. The Compliance Program enforces state law regarding unfair trade practices and unfair competition by an insurer or its representatives. The Administrative Services Program includes all of the agency's administrative and support activities.
Types of records present include memoranda, correspondence, agenda, records of official action of the board, and newsclippings. These are meeting files of the Board of Insurance, 1984-1987. Topics addressed in the meeting files include the problem of arson, fire safety inspections, licensing certain industries, automobile insurance, pending litigation, various points of insurance regulation, and auditor's reports. The board considers, for example, petitions presented by insurance companies or their representatives asking for hearings on points affecting insurance. The board must also be prepared to clarify rules, consider amending insurance rates, set liability limits, and erect, eliminate or amend classifications.
To prepare this inventory, the described materials were cursorily reviewed to delineate series, to confirm the accuracy of contents lists, to provide an estimate of dates covered, and to determine record types.
These records are arranged in reverse chronological order.
Lisa M. Hendricks, November 1995
Accession number: 1992/289
These records were transferred to the Archives and Information Services Division of the Texas State Library and Archives Commission by the Board of Insurance on July 2, 1992.