Texas SB593 prohibits insurers from raising premiums on personal automobile or residential property insurance due to claims involving sovereign.

Texas SB593 amends the Insurance Code to prohibit insurers from increasing premiums on personal automobile or residential property insurance policies due to claims arising from actions by governmental bodies, officers, or employees with sovereign, governmental, or official immunity. This applies to all insurers operating in Texas, including various types of insurance companies. The prohibition takes effect for policies delivered, issued for delivery, or renewed on or after January 1, 2026. The act itself becomes effective on September 1, 2025.

Texas SB593 prohibits insurers from raising premiums on personal automobile or residential property insurance due to claims involving sovereign.

Texas SB593 amends the Insurance Code to prohibit insurers from increasing premiums on personal automobile or residential property insurance policies due to claims arising from actions by governmental bodies, officers, or employees with sovereign, governmental, or official immunity. This applies to all insurers operating in Texas, including various types of insurance companies. The prohibition takes effect for policies delivered, issued for delivery, or renewed on or after January 1, 2026. The act itself becomes effective on September 1, 2025.