Texas HB2275 mandates arbitration in surplus lines insurance contracts to be conducted and governed by Texas state laws.

Texas HB2275 amends the Insurance Code to require that any surplus lines insurance contract containing an arbitration agreement must specify that the arbitration will be conducted and governed by Texas state laws. This change applies to contracts delivered, issued for delivery, or renewed on or after January 1, 2026. Contracts renewed before this date remain governed by the laws in effect before the bill's enactment. The bill takes effect on September 1, 2025.

Texas HB2275 mandates arbitration in surplus lines insurance contracts to be conducted and governed by Texas state laws.

Texas HB2275 amends the Insurance Code to require that any surplus lines insurance contract containing an arbitration agreement must specify that the arbitration will be conducted and governed by Texas state laws. This change applies to contracts delivered, issued for delivery, or renewed on or after January 1, 2026. Contracts renewed before this date remain governed by the laws in effect before the bill's enactment. The bill takes effect on September 1, 2025.