Our client, along with a number of other organizations and the Texas Department of Insurance worked for over a year to come up with a policy to prohibit insurance companies from using discretionary clauses in disability and other health insurance policies. Insurance Commissioner Mike Geeslin issued a rule this week to prohibit the use of the clauses which give insurance companies the authority to interpret the terms of their policies. Read the entire Austin American Statesman article Texas forbids ‘deceptive’ insurance policy clause written by Tim Eaton.
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