(a) The commissioner may adopt rules that identify the types of water damage claims that require more prompt, efficient, and effective processing and handling than the processing and handling required under Subchapter B.
(b) The commissioner by rule may regulate the following aspects of water damage claims:
(1) required notice;
(2) acceptance and rejection of a claim;
(3) claim handling and processing procedures and time frames;
(4) claim investigation requirements, procedures, and time frames;
(5) settlement of claims; and
(6) any other area of claim processing, handling, and response determined to be relevant and necessary by the commissioner.
(c) A rule adopted under this section supersedes the minimum standards described by Subchapter B.