Bill > HB1649

This bill modifies Texas Insurance Code Section 2212.054 to expand the powers and duties of self-insurance trusts related to professional liability insurance for medical and dental practitioners. Specifically, the bill allows a self-insurance trust to purchase professional liability insurance not just for members of the association that created the trust, but for any licensed medical or dental practitioners in the state. The bill also explicitly prohibits trusts from requiring membership in their creating association as a condition for issuing insurance contracts. The new provisions aim to increase the availability of professional liability insurance by removing potential membership restrictions. The bill would take effect immediately if it receives a two-thirds vote in both legislative chambers, or otherwise will become effective on September 1, 2025. The changes are intended to provide more flexibility for medical and dental professionals in obtaining liability insurance through self-insurance trusts.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB1649