Relating to the Texas Property and Casualty Insurance Guaranty Association.

HB 4877 amends Texas insurance law to clarify the scope of the Property and Casualty Insurance Guaranty Association. It adds specific exclusions from the Association's coverage, including credit insurance, title insurance, government-guaranteed policies, and certain risk-transfer transactions (Section 2). The bill also clarifies that "claimant" includes workers' compensation claimants (Section 1) and reorganizes the Association's financial accounts by insurance line (Section 5). These changes directly affect policyholders making claims, insurers offering excluded coverages, and the Association's administrative operations, without creating new benefits or altering consumer protections.