Establishes a property and casualty self-insurance pool for certain religious institutions in Texas, authorizes fees, and provides administrative.

The bill creates a self-insurance pool for churches, nonprofit religious organizations, and religious denominations in Texas. The pool provides property and casualty coverage, including damage to structures or buildings, and may offer additional coverages like premises liability and wind and hail coverage. The pool is governed by a board of trustees and must obtain a certificate of authority from the Texas Department of Insurance. The board sets rates for pool coverage, which must be actuarially justified.

Establishes a property and casualty self-insurance pool for certain religious institutions in Texas, authorizes fees, and provides administrative.

The bill creates a self-insurance pool for churches, nonprofit religious organizations, and religious denominations in Texas. The pool provides property and casualty coverage, including damage to structures or buildings, and may offer additional coverages like premises liability and wind and hail coverage. The pool is governed by a board of trustees and must obtain a certificate of authority from the Texas Department of Insurance. The board sets rates for pool coverage, which must be actuarially justified.