S.B. No. 1810 amends the Texas Insurance Code to enhance the process for collecting and reporting statistical data related to title insurance premium rates. The bill introduces new requirements for the Texas Department of Insurance to issue calls for statistical report data to title insurance agents and companies. Specifically, title insurance agents must submit their reports by May 1, with the call issued by March 1, while title insurance companies must submit theirs by June 1, with the call issued by April 1.

Additionally, the bill mandates that the department publish a compilation report on its website, summarizing the statistical reports from agents by October 1 and from companies by November 1 each year. This compilation report will include critical information such as loss experience, operational expenses, and premiums. The changes will take effect for reports filed on or after January 1, 2026, and the Act itself will be effective starting September 1, 2025.

Statutes affected:
Introduced: Insurance Code 2703.153 (Insurance Code 2703)
Senate Committee Report: Insurance Code 2703.153 (Insurance Code 2703)
Engrossed: Insurance Code 2703.153 (Insurance Code 2703)