Branch Insurance Exchange filed in Texas to update its Homeowners Amendatory endorsement, introducing an automatic termination provision for renewal policies when payment is not received. The revised form (BX H AMND TX 082025) replaces a 2024 edition and is filed as a mandatory endorsement.
The update is aimed at tightening renewal procedures and ensuring timely premium collection. Other renewal conditions remain in place, including the requirement that Branch provide at least 60 days’ notice if it elects not to renew.