reglab/housing_qa huggingface dataset:
TX Ins Code § 421.002 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle B - Reserves and Investments|Chapter 421 - Reserves in General|Section 421.002. Certificates From Other States

Sec. 421.002.  CERTIFICATES FROM OTHER STATES.  In computing the reserve liability of an insurer, the commissioner may accept the certificate of the officer of another state charged with the duty of supervising the insurer if:(1)  the insurer is organized under the laws of the other state; and(2)  the certificate shows that the reserve liability has been computed in accordance with Section 421.001.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 426.001 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle B - Reserves and Investments|Chapter 426 - Reserves for Workers' Compensation Insurance Companies|Section 426.001. Reserves Required

Sec. 426.001.  RESERVES REQUIRED.  A workers' compensation insurance company engaged in business in this state shall maintain reserves in an amount estimated in the aggregate to provide for the payment of all losses and claims incurred, whether reported or unreported.  The company may not maintain reserves in an amount that is greater than reasonably necessary for that purpose.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 426.002 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle B - Reserves and Investments|Chapter 426 - Reserves for Workers' Compensation Insurance Companies|Section 426.002. Computation of Reserves

Sec. 426.002.  COMPUTATION OF RESERVES.  Reserves required by Section 426.001 must be computed in accordance with any rules adopted by the commissioner to adequately protect insureds, secure the  solvency of the workers' compensation insurance company, and prevent unreasonably large reserves.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 426.003 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle B - Reserves and Investments|Chapter 426 - Reserves for Workers' Compensation Insurance Companies|Section 426.003. Maintenance of Reserves; Notice of Noncompliance

Sec. 426.003.  MAINTENANCE OF RESERVES; NOTICE OF NONCOMPLIANCE.  (a)  If a workers' compensation insurance company's reserves are determined under this chapter to be:(1)  inadequate, the commissioner shall notify the company and require the company to establish and maintain reasonable additional reserves; or(2)  unreasonably large, the commissioner shall notify the company and require the company to reduce the amount of reserves to a reasonable amount.(b)  Not later than the 60th day after the date of notification of noncompliance under Subsection (a), the company shall:(1)  restore compliance as required by Subsection (a); and(2)  file a statement of restored compliance, accompanied by any documentation required by the commissioner.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 444.001 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle C - Delinquent Insurers|Chapter 444 - Agency Contracts With Certain Insurers|Section 444.001. Required Contract Provision

Sec. 444.001.  REQUIRED CONTRACT PROVISION.  An agency contract entered into on or after August 27, 1973, by an insurer writing fire and casualty insurance in this state must contain, or shall be construed to contain, the following provision:Notwithstanding any other provision of this contract, the obligation of the agent to remit written premiums to the insurer shall be changed on the commencement of a delinquency proceeding as defined by Chapter 443, Insurance Code, as amended.  After the commencement of the delinquency proceeding, the obligation of the agent to remit premiums is limited to premiums earned before the cancellation date of insurance policies stated in the order of a court of competent jurisdiction under Chapter 443, Insurance Code, canceling the policies.  The agent does not owe and may not be required to remit to the insurer or to the receiver any premiums that are unearned as of the cancellation date stated in the order.|Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.004(rr), eff. September 1, 2007.Redesignated from Insurance Code, Section 442.801 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(a)(2), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(rr), eff. September 1, 2007.|
TX Ins Code § 444.002 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle C - Delinquent Insurers|Chapter 444 - Agency Contracts With Certain Insurers|Section 444.002. Disposition of Premiums

Sec. 444.002.  DISPOSITION OF PREMIUMS.  (a)  On or after the cancellation date of insurance policies as stated in the court's order canceling the policies, the agent shall promptly account to the receiver for:(1)  all unearned premiums to be returned to the insured or the replacement coverage to be obtained for the insured; and(2)  the earned premiums to be paid to the receiver.(b)  The agent shall:(1)  promptly return to an insured who paid the premiums any unearned premiums in the possession of the agent on the cancellation date of the policy; or(2)  with the approval of the insured, use the unearned premiums to purchase new coverage for the insured with a different insurer.(c)  The agent shall promptly remit to the receiver any earned premiums in the possession of the agent.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.Redesignated from Insurance Code, Section 442.802 by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.004(a)(2), eff. September 1, 2007.Redesignated from Insurance Code, Section 442.802 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(a)(2), eff. September 1, 2007.|
TX Ins Code § 444.003 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle C - Delinquent Insurers|Chapter 444 - Agency Contracts With Certain Insurers|Section 444.003. Effect of Chapter on Action by Receiver Against Agent

Sec. 444.003.  EFFECT OF CHAPTER ON ACTION BY RECEIVER AGAINST AGENT.  This chapter does not prejudice a cause of action by the receiver against an agent to recover:(1)  unearned premiums that were not returned to policyholders; or(2)  earned premiums that were not promptly remitted to the receiver.|Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.004(ss), eff. September 1, 2007.Redesignated from Insurance Code, Section 442.803 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(a)(2), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(ss), eff. September 1, 2007.|
TX Ins Code § 444.004 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle C - Delinquent Insurers|Chapter 444 - Agency Contracts With Certain Insurers|Section 444.004. Agent Not Receiver's Agent

Sec. 444.004.  AGENT NOT RECEIVER'S AGENT.  This chapter does not render the agent an agent of the receiver for earned or unearned premiums.|Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.004(tt), eff. September 1, 2007.Redesignated from Insurance Code, Section 442.804 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(a)(2), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.004(tt), eff. September 1, 2007.|
TX Ins Code § 461.001 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle D - Guaranty Associations|Chapter 461 - General Provisions|Section 461.001. Applicability of Chapter

Sec. 461.001.  APPLICABILITY OF CHAPTER.  (a)  Except as provided by Subsection (b), this chapter applies to an insurance policy, contract, certificate, evidence of coverage, or application delivered or issued for delivery in this state that is not covered by an insurance guaranty fund or other solvency protection arrangement authorized by this code.(b)  This chapter does not apply to:(1)  a fidelity, surety, or guaranty bond; or(2)  marine insurance as defined by Section 1807.001.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 461.002 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle D - Guaranty Associations|Chapter 461 - General Provisions|Section 461.002. Disclosure of Guaranty Fund Nonparticipation

Sec. 461.002.  DISCLOSURE OF GUARANTY FUND NONPARTICIPATION.  (a)  Each insurance policy, contract, certificate, evidence of coverage, or application subject to this chapter must include a statement that, if the insurer is unable to fulfill the insurer's contractual obligation under the policy, contract, certificate, or evidence of coverage, the insurer is not covered by an insurance guaranty fund or other solvency protection arrangement.(b)  The statement must be in 10-point type and affixed to the first page of the insurance policy, contract, certificate, evidence of coverage, or application.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 461.003 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle D - Guaranty Associations|Chapter 461 - General Provisions|Section 461.003. Form of Statement; Prohibition

Sec. 461.003.  FORM OF STATEMENT; PROHIBITION.  (a)  The commissioner by rule shall promulgate the statement that an insurer must use to comply with this chapter.(b)  An insurer may not include in an insurance policy, contract, certificate, evidence of coverage, or application a statement that does not conform to the appropriate statement prescribed by the commissioner.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.001 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.001. Deposit With Comptroller

Sec. 481.001.  DEPOSIT WITH COMPTROLLER.  (a)  An insurer organized and engaged in business under this code that is required by another state, country, or province as a condition of engaging in an insurance business in that state, country, or province to make or maintain a deposit with an officer of any state, country, or province may, at the insurer's discretion, voluntarily deposit with the comptroller cash or securities in an amount that is sufficient to satisfy the conditions of the other state, country, or province.(b)  Any securities deposited must be approved by the commissioner as being of a type and character in which the insurer is authorized by law to invest.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.002 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.002. Applicability of Chapter to Certain Deposits

Sec. 481.002.  APPLICABILITY OF CHAPTER TO CERTAIN DEPOSITS.  A voluntary deposit held by the comptroller or the department that was made by an insurer in this state before May 8, 1959, to gain admission to another state may, at the insurer's option, be considered to be held under this chapter.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.003 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.003. Duties of Comptroller

Sec. 481.003.  DUTIES OF COMPTROLLER.  The comptroller shall receive a deposit made by an insurer as described by this chapter and hold it exclusively for the protection of all policyholders or creditors of the insurer, wherever they are located, or for the protection of the insurer's policyholders or creditors in a particular state, country, or province, as designated by the insurer at the time the insurer makes the deposit.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.004 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.004. Access to Deposit

Sec. 481.004.  ACCESS TO DEPOSIT.  In accordance with reasonable rules adopted by the comptroller and the commissioner, the proper officer of an insurer making a deposit as described by this chapter may at a reasonable time:(1)  examine the deposit;(2)  detach coupons from the securities; and(3)  collect interest on the deposit.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.005 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.005. Situs of Deposit for Tax Purposes

Sec. 481.005.  SITUS OF DEPOSIT FOR TAX PURPOSES.  For purposes of state, county, or municipal taxation, the situs of deposited securities is the municipality and county in which the principal business office of the insurer making the deposit is fixed by the insurer's charter.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.006 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.006. Withdrawal of Deposit

Sec. 481.006.  WITHDRAWAL OF DEPOSIT.  (a)  An insurer that makes a deposit as described by this chapter may, at the insurer's option, withdraw all or part of the deposit if:(1)  the insurer first deposits with the comptroller other securities of like class as, and of an amount and value equal to, the securities proposed to be withdrawn; and(2)  the withdrawal and substitution are approved by the commissioner.(b)  An insurer, without making a substitute deposit under Subsection (a), may not withdraw all or part of a deposit made as described by this chapter for the protection of the insurer's policyholders or creditors in a particular state, country, or province that requires the deposit unless:(1)  the insurer files with the commissioner evidence that satisfies the commissioner that the insurer has withdrawn from business and does not have any unsecured liabilities outstanding or potential policyholder liabilities or obligations in the other state, country, or province; and(2)  the commissioner approves the withdrawal.(c)  An insurer, without making a substitute deposit under Subsection (a), may not withdraw all or part of a deposit made as described by this chapter for the protection of all of the insurer's policyholders or creditors, wherever they are located, unless:(1)  the insurer files with the commissioner evidence that satisfies the commissioner that the insurer does not have any unsecured liabilities outstanding or potential policy liabilities or obligations anywhere; and(2)  the commissioner approves the withdrawal. |Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.007 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.007. Withdrawal of Deposit After Merger, Consolidation, or Total Reinsurance

Sec. 481.007.  WITHDRAWAL OF DEPOSIT AFTER MERGER, CONSOLIDATION, OR TOTAL REINSURANCE.  When two or more insurers that have two or more deposits made for identical purposes as described by this chapter or former Article 4739, Revised Statutes, merge, consolidate, or enter into a total reinsurance contract by which the ceding insurer is dissolved and the ceding insurer's assets and liabilities are acquired or assumed by the surviving insurer, the new, surviving, or reinsuring insurer may withdraw all of the deposits, except for the deposit of the greatest amount and value.  The new, surviving, or reinsuring insurer must demonstrate that the deposits are duplicated and that the insurer is the owner of the deposits.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.008 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.008. Return of Deposit

Sec. 481.008.  RETURN OF DEPOSIT.  An insurer that has made a deposit as described by this chapter or former Article 4739, Revised Statutes, is entitled to a return of the deposit if the insurer applies for the return of the deposit and demonstrates to the commissioner that the deposit is no longer required under the laws of any state, country, or province in which the insurer sought or gained admission to engage in business based on a certificate of the deposit.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 481.009 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle E - Requirements of Other Jurisdictions|Chapter 481 - Voluntary Deposits|Section 481.009. Delivery of Deposit by Comptroller

Sec. 481.009.  DELIVERY OF DEPOSIT BY COMPTROLLER.  On being provided a certified copy of the commissioner's order issued under Section 481.007 or 481.008, the comptroller shall release, transfer, and deliver the deposit to the owner of the deposit in accordance with the order.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 494.001 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 494 - Reinsurance of Aircraft and Space Equipment Risks|Section 494.001. Definitions

Sec. 494.001.  DEFINITIONS.  In this chapter:(1)  "Aircraft" means an object that is capable of:(A)  moving through the atmosphere, regardless of whether the object is powered or tethered; and(B)  lifting the weight of the object and an additional payload.(2)  "Space equipment" means a spacecraft, satellite, rocket, or other manmade object that may be:(A)  launched from earth into orbit around a celestial body or for space travel; or(B)  placed into orbit around a celestial body.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 494.002 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 494 - Reinsurance of Aircraft and Space Equipment Risks|Section 494.002. Authority to Reinsure

Sec. 494.002.  AUTHORITY TO REINSURE.  (a)  A domestic insurance company as defined by Section 841.001, alone or together with another insurer, may reinsure any liability, property, casualty, collision, personal injury, death, or other risk relating to, arising from, or incident to the manufacture, ownership, custody, or operation of an aircraft or any space equipment, subject to any just and reasonable limitation imposed by the commissioner.(b)  A limitation imposed by the commissioner must be consistent with the purposes of this chapter.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 494.003 (2021)
2021 Texas Statutes|Insurance Code|Title 4 - Regulation of Solvency|Subtitle F - Reinsurance|Chapter 494 - Reinsurance of Aircraft and Space Equipment Risks|Section 494.003. Requirement for Ceding Insurer

Sec. 494.003.  REQUIREMENT FOR CEDING INSURER.  To enter into a reinsurance agreement under this chapter, the ceding insurer must be authorized to engage in business in this state.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.|
TX Ins Code § 522.001 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle B - Consumer Service Provisions|Chapter 522 - Consumer Information in Spanish|Section 522.001. Informational Sheet for Texas Personal Automobile Policies

Sec. 522.001.  INFORMATIONAL SHEET FOR TEXAS PERSONAL AUTOMOBILE POLICIES.  (a)  The commissioner shall develop or adopt an informational sheet in the Spanish language to provide a general explanation of the terms most commonly used in the Texas personal automobile insurance policy.  The department shall make the informational sheet available to the public.(b)  The informational sheet is intended to provide only a general explanation of insurance terms used in the Texas personal automobile insurance policy and is not intended to alter any rights, obligations, or responsibilities of the contracting parties.  All other applicable laws, including provisions of this code, apply regardless of whether an informational sheet is used.(c)  The informational sheet must include a disclaimer in the Spanish language, prominently printed in 10-point boldfaced type at the top of the informational sheet, that contains the following:"This document is for informational purposes only and is not intended to alter or replace the insurance policy.  Additionally, this informational sheet is not intended to fully set out your rights and obligations or the rights and obligations of the insurer.  If you have questions about your insurance, you should consult your insurance agent, the insurer, or the language of the insurance policy."|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.|
TX Ins Code § 524.001 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle B - Consumer Service Provisions|Chapter 524 - Health Coverage Awareness and Education Program|Section 524.001. Program Established

Sec. 524.001.  PROGRAM ESTABLISHED.  (a)  The department shall develop and implement a health coverage public awareness and education program that complies with this chapter.  The program must:(1)  increase public awareness of health coverage options available in this state;(2)  educate the public on the value of health coverage; and(3)  provide information on health coverage options, including health savings accounts and compatible high deductible health benefit plans.(b)  The department may include information about specific health coverage issuers but may not favor or endorse one particular issuer over another.|Added by Acts 2005, 79th Leg., Ch. 688 (S.B. 261), Sec. 1, eff. June 17, 2005.|
TX Ins Code § 524.002 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle B - Consumer Service Provisions|Chapter 524 - Health Coverage Awareness and Education Program|Section 524.002. Public Service Announcements

Sec. 524.002.  PUBLIC SERVICE ANNOUNCEMENTS.  The department shall develop and make public service announcements to educate consumers and employers about the availability of health coverage in this state.|Added by Acts 2005, 79th Leg., Ch. 688 (S.B. 261), Sec. 1, eff. June 17, 2005.|
TX Ins Code § 524.003 (2021)
2021 Texas Statutes|Insurance Code|Title 5 - Protection of Consumer Interests|Subtitle B - Consumer Service Provisions|Chapter 524 - Health Coverage Awareness and Education Program|Section 524.003. Internet Website; Public Education

Sec. 524.003.  INTERNET WEBSITE; PUBLIC EDUCATION.  (a)  The department shall develop an Internet website designed to educate the public about the availability of health coverage in this state, including information about health savings accounts and compatible high deductible health benefit plans.(b)  The department shall provide other appropriate education to the public regarding the value of health coverage.|Added by Acts 2005, 79th Leg., Ch. 688 (S.B. 261), Sec. 1, eff. June 17, 2005.|