Relating to the administration of the Texas Department of Insurance, including the appointment of the state commission of insurance.
What changed between versions
Replaced the single commissioner model with a three-member commission, each serving staggered six-year terms instead of two-year terms.
Created a new executive director position responsible for daily department operations, separate from the commission's policy-making role.
Added new provisions requiring an intra-agency career ladder program and annual performance evaluations for department personnel.
Updated appointment criteria to require expertise in insurance regulation, administration, and consumer advocacy, with specific qualifications for commission members.
Expanded eligibility restrictions to include new categories such as trade association consultants and their spouses, and increased ownership thresholds for conflicts of interest.
Established a transition timeline with initial appointments to occur by December 1, 2025, and new terms beginning January 1, 2026.