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Adopted Assessment, Exam Fee and Maintenance Tax Rates

TEXAS DEPARTMENT OF INSURANCE
MAINTENANCE TAX RATES/ASSESSMENT RATES ADOPTED FOR CY's 2013 to 2017
Description Statute Maximum Rate Permitted 2013 2014 2015 2016 2017
MAINTENANCE TAXES        
Motor Vehicle Insurance TIC §254 0.2% 0.061% 0.060% 0.055% 0.056% 0.052%
         
Fire Insurance / Cat Pool TIC §252 1.25% 0.365% 0.340% 0.341% 0.364% 0.345%
         
Workers' Compensation Insurance TIC §255 0.6% 0.065% 0.066% 0.065% 0.064% 0.069%
         
Casualty Insurance TIC §253 0.4% 0.112% 0.080% 0.077% 0.072% 0.071%
         
Title Insurance TIC §271 1.0% 0.072% 0.076% 0.103% 0.103% 0.090%
         
Life, Accident, and Health Insurance TIC §257 0.04% 0.040% 0.040% 0.040% 0.040% 0.040%
         
Third Party Administrators TIC §259 1.0% 0.027% 0.010% 0.013% 0.010% 0.011%
         
Health Maintenance Organizations TIC §258 $2/ Enrollee    

Single Service HMO

    $0.26 $0.28 $0.28 $0.23 $0.24
Multi-Service HMO     $0.78 $0.84 $0.84 $0.69 $0.72
Limited Service HMO     $0.26 $0.28 $0.28 $0.23 $0.24
         
Prepaid Legal services (nonprofit) TIC §260 1.0% 0.020% 0.020% 0.022% 0.021% 0.011%
         
Division of Workers' Compensation/Office Injured Employee Counsel TLC §403.002,§403.003 2.0% 1.543% 1.533% 1.478% 1.800% 2.000%
         
Workers' Compensation Certified Self-Insurer TLC §407.103 2.0% 1.543% 1.533% 1.478% 1.800% 2.000%
         
Workers' Compensation Self Insurance Group TLC §407A.301 2.0% 1.543% 1.533% 1.478% 1.800% 2.000%
         
Workers' Compensation Self Insurance Group TLC §407A.302 0.6% 0.065% 0.066% 0.065% 0.064% 0.069%
         
Workers' Compensation Research/Evaluation TLC §405.003 0.1% 0.014% 0.016% 0.015% 0.016% 0.054%
         
ASSESSMENTS        
         
Examination Overhead Assessment TIC §401.151-§401.153      
Admitted Assets   NA 0.00215% 0.00231% 0.00133% 0.00086% 0.00104%
Gross Premium Receipts   NA 0.00903% 0.00928% 0.00415% 0.00311% 0.00405%
Foreign Company Assessment   NA 34.000% 35.000% **SEE BELOW **SEE BELOW **SEE BELOW
         
Premium Finance Assessment TIC §651.006 NA 0.0000% 0.0000% 0.0000% 0.0000% 0.0000%
Premium Finance - Minimum Assessment TIC §651.006 NA $250.00 $250.00 $250 $250 $2500.00

** Foreign Company Assessment - A foreign insurance company examined in 2017, or an exam beginning in 2017 and completed in 2018, must pay an annual assessment using the rates for admitted assets and gross premium receipts.

During Calendar Year 2018

On or before April 1, 2018, each insurance premium finance company holding a license issued by the department under the Insurance Code Section 651.006 (A) shall pay an assessment to cover the general administrative expenses attributable to the regulation of insurance premium finance companies.  The assessment to cover general administrative expenses shall be $250.00.  The assessment is filed as part of the Annual Operations Report.

 



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Last updated: 01/04/2018

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