SB 2712
bill raising the large risk cutoffs for insurance form rules
Died in committee
Verdict: No flags
Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to the amount of a large risk that is exempt from certain property and casualty insurance policy form requirements.
Caption from analyzed text · version I.
Summary
$5M in insured property becomes $20M. Revenue goes from $10M to $100M.
This bill raises the size cutoffs that let insurers skip certain state rules on property and casualty policy forms for large business customers. To be exempt, a customer must now have at least $20 million in insured property, $100 million in yearly revenue, or much higher premiums, instead of the current $5 million, $10 million, and $25,000 to $50,000 levels. Fewer mid-sized buyers will fall into the exemption, so more of their policy forms will have to follow the state form rules for policies issued or renewed on or after January 1, 2026.
Labels
Labels: NEVER GOT A HEARING. Filed Mar 13, 2025 and referred to the Senate Business & Commerce committee. No public hearing. The bill died.
Receipt
The receipt
89R-SB2712 · 2025-03-13
SOLD BY
ITEM
relating to the amount of a large risk that is exempt from certain property and casualty insurance policy form requirements.
WHAT IT DOES
$5M in insured property becomes $20M. Revenue goes from $10M to $100M.
This bill raises the size cutoffs that let insurers skip certain state rules on property and casualty policy forms for large business customers. To be exempt, a customer must now have at least $20 million in insured property, $100 million in yearly revenue, or much higher premiums, instead of the current $5 million, $10 million, and $25,000 to $50,000 levels. Fewer mid-sized buyers will fall into the exemption, so more of their policy forms will have to follow the state form rules for policies issued or renewed on or after January 1, 2026.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal note in the loaded record.
HISTORY
- Received by the Secretary of the Senate
- Filed
- Read first time
- Referred to Business & Commerce
FILED UNDER
No verified beat found.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Jul 6, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Texans for Lawsuit Reform PAC$1,140,000.00
Texans for Lawsuit Reform PAC
$1,140,000.00
- Cash
- $1,140,000.00
- Paid by others
- $0.00
- Total
- $1,140,000.00
Also funds 124 other sitting lawmakers.
Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 12, 2024 to Oct 21, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101009502, 101012383, 101061137, 101072395, 101072779.
Missing data does not establish zero giving. Display amounts are rounded.
Texans for Lawsuit Reform PAC
$1,140,000.00
- Cash
- $1,140,000.00
- Paid by others
- $0.00
- Total
- $1,140,000.00
Also funds 124 other sitting lawmakers.
Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 12, 2024 to Oct 21, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101009502, 101012383, 101061137, 101072395, 101072779.
Votes
No floor vote loaded for this bill.
Fiscal
No fiscal note in the loaded record.
How this was graded
Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.
Sources
Texas Senate · Filed Mar 13, 2025
04/03/2025 S Referred to Business & Commerce
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
Senate committee · Business & Commerce · Final status: Died in committee
Companion
HB 4062 by Morgan (identical)
Subjects
Insurance--Property & Casualty
Text
The text as introduced · 219 words
89R11619 SCR-F By: Middleton S.B. No. 2712 A BILL TO BE ENTITLED AN ACT relating to the amount of a large risk that is exempt from certain property and casualty insurance policy form requirements. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 2301.004, Insurance Code, is amended to read as follows: Sec. 2301.004. EXEMPTION FOR LARGE RISKS. Sections 2301.006, 2301.007(a) and (b), and 2301.008 do not apply to forms for use with an insured that has: (1) total insured property values of $20 [ $5 ] million or more; (2) total annual gross revenues of $100 [ $10 ] million or more; or (3) a total premium of $100,000 [ $25,000 ] or more for property insurance, $100,000 [ $25,000 ] or more for general liability insurance, or $250,000 [ $50,000 ] or more for multiperil insurance. SECTION 2. Section 2301.004, Insurance Code, as amended by this Act, applies only to an insurance policy delivered, issued for delivery, or renewed on or after January 1, 2026. A policy delivered, issued for delivery, or renewed before January 1, 2026, is governed by the law as it existed immediately before the effective date of this Act, and that law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2025.