Texas HB3569 prohibits insurers from refusing, terminating, or suspending contracts with licensed insurance agents based on premiums or losses.
Texas HB3569 amends the Insurance Code to restrict property and casualty insurers from refusing, terminating, or suspending contracts with licensed agents based on direct written premiums or the amount of loss associated with policies written by the agent. This protection does not apply to captive agents or to agents whose contracts were terminated, suspended, or not renewed in accordance with the law for reasons other than those specified. The changes apply to contracts entered into after the bill's effective date of September 1, 2025.
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