Sec. 2006.004.  PREMIUM DISCOUNT; EXCEPTION.  (a)  The commissioner by rule shall establish the premium discount under this subchapter based on sound actuarial principles.
(b)  The commissioner may approve a premium discount greater or less than the discount established by rule under Subsection (a) if:
(1)  the insurer files the proposed discount with the department; and
(2)  the commissioner determines that the proposed discount is actuarially justified.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.