Texas legislation · 89th Legislature Regular Session
Texas SB455: Relating to arbitration provisions in certain surplus lines insurance contracts.
Status: Chaptered, May 27, 2025
What the bill says
An act relating to arbitration provisions in certain surplus lines insurance contracts.
From the enrolled text, May 14, 2025:
AN ACT relating to arbitration provisions in certain surplus lines insurance contracts. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 981.101, Insurance Code, is amended by adding Subsections (d) and (e) to read as follows: [ADDED: (d)][ADDED: ][ADDED: ][ADDED: A surplus lines insurance contract for a risk located ] [ADDED: wholly in this state and that contains an arbitration agreement ] [ADDED: must provide that:] [ADDED: (1) the arbitration will be:] [ and] [ and] [ADDED: (2)][ADDED: ][ADDED: ][ADDED: the insurance contract will be interpreted in ] [ADDED: accordance with the laws of this state unless:] [ADDED: (A)][ADDED: ][ADDED: ][ADDED: the insurer and policyholder agree to a ] [ADDED: different venue after the insurer provides written notice to the ] [ and] [ADDED: (B)][ADDED: ][ADDED: ][ADDED: the insurer provides the policyholder with a ] [ADDED: premium credit for the costs incurred by the policyholder as a ] [ADDED: result of the change in venue.] [ADDED: (e)][ADDED: ][ADDED: ][ADDED: Notwithstanding Subsection (d), for surplus lines ] [ADDED: insurance contracts for over $2 million in insured value, the ] [ADDED: insurer and policyholder may agree by mutual consent to a different ] [ADDED: arbitration venue and governance under another state's laws, ] [ADDED: provided the agreement is in a form.] SECTION 2. Sections 981.101(d) and (e), …
Sponsors
- Mayes Middleton (R) · primary sponsor
- Sarah Eckhardt (D, SD-014)
- Matt Morgan (R, HD-026)
- Jeff Barry (R, HD-029)
- Ann Johnson (D, HD-134)
- Cassandra Garcia Hernandez (D, HD-115)
- John Bryant (D, HD-114)
- Daniel Alders (R, HD-006)
- Alma Allen (D, HD-131)
- Rafael Anchia (D, HD-103)
- Trent Ashby (R, HD-057)
- Cecil Bell (R, HD-003)
Latest actions
- : Effective on 9/1/25
- : Filed without the Governor's signature
- : Sent to the Governor
- : Signed in the House
- : Signed in the Senate
- : Reported enrolled
- : Senate concurs in House amendment(s)-reported
- : Record vote
- : Senate concurs in House amendment(s)
- : Read
Votes
- Insurance Committee Vote (Out of committee): 8 yea, 0 nay, passed
- Business & Commerce Committee Vote (Out of committee): 10 yea, 0 nay, passed
- Senate concurs in House amendment(s) (May 14, 2025): 31 yea, 0 nay, passed
- Record vote RV#2071 (May 10, 2025): 118 yea, 0 nay, passed
- Record vote RV#1985 (May 10, 2025): 128 yea, 0 nay, passed
- Record vote RV#1955 (May 9, 2025): 133 yea, 4 nay, passed
Subjects: Insurance--General, Insurance--Insurers & Agents, MEDIATION, DISPUTE RESOLUTION, & ARBITRATION
Common questions
- What is SB455?
- SB455 is a bill in the Texas Legislature (89th Legislature Regular Session): Relating to arbitration provisions in certain surplus lines insurance contracts.
- What does SB455 do?
- In its own words: An act relating to arbitration provisions in certain surplus lines insurance contracts.
- What is the status of SB455?
- Chaptered as of May 27, 2025. Latest action: Effective on 9/1/25 (May 27, 2025).
- Who sponsored SB455?
- Mayes Middleton (R), with 11 co-sponsors.
- Where is the official record for SB455?
- On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB00455
Source: official Texas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.