(a) The commissioner may, as necessary, adopt and enforce reasonable rules, including notice requirements, relating to the declination of a completed and submitted application for or the cancellation or nonrenewal of any insurance policy regulated by the department under:
(1) Chapter 5;
(2) Chapter 1804, 1805, 2171, or 2301; or
(3) Subtitle C, D, E, or F, Title 10.
(a-1) Notwithstanding Subsection (a), Subsection (a) does not apply to:
(1) an insurance policy subject to Subchapter B or C of this chapter; or
(2) a marine insurance policy other than inland marine.
(b) In adopting rules under this section, the commissioner shall consider the reasonable needs of the public and the operations of the insurers.