reglab/housing_qa huggingface dataset:
TX Ins Code § 2153.059 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2153 - Group Marketing of Automobile Insurance for Persons Over 55 Years of Age|Subchapter B. Conditions for Issuance of Group Automobile Insurance|Section 2153.059. Limitations on Canceling Insurance

Sec. 2153.059.  LIMITATIONS ON CANCELING INSURANCE.  (a)  An insurer may not cancel the insurance of a group member unless:(1)  the member fails to pay the premiums; or(2)  the insurance for the entire group is canceled.(b)  An insurer that cancels insurance under Subsection (a) shall provide to each group member whose insurance is canceled the same notice of cancellation the insurer provides for cancellation of individual automobile insurance policies.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2153.101 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2153 - Group Marketing of Automobile Insurance for Persons Over 55 Years of Age|Subchapter C. Records, Rates, and Forms|Section 2153.101. Maintenance of Records

Sec. 2153.101.  MAINTENANCE OF RECORDS.  An insurer that writes insurance under a group marketing plan shall maintain separate experience data on the group marketing plan business, including complete records of premium income, losses, and expenses, so that the experience may be fairly ascertained.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2153.102 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2153 - Group Marketing of Automobile Insurance for Persons Over 55 Years of Age|Subchapter C. Records, Rates, and Forms|Section 2153.102. Rates

Sec. 2153.102.  RATES.  Rates for group automobile insurance are determined in the manner provided by Chapter 2251 and Article 5.13-2, to the extent that those laws apply.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2153.103 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2153 - Group Marketing of Automobile Insurance for Persons Over 55 Years of Age|Subchapter C. Records, Rates, and Forms|Section 2153.103. Policy Forms

Sec. 2153.103.  POLICY FORMS.  An insurer that writes group automobile insurance shall use policy forms:(1)  prescribed by the commissioner and authorized for use by Section 2301.052(b); or(2)  filed and in effect as provided by Section 2301.052(a).|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.001 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.001. Purpose of Chapter

Sec. 2201.001.  PURPOSE OF CHAPTER.  The purpose of this chapter is to:(1)  regulate the formation and operation of risk retention groups and purchasing groups in this state formed under:(A)  the Product Liability Risk Retention Act of 1981 (15 U.S.C. Section 3901 et seq.); or(B)  the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.); and(2)  protect the public by the appropriate regulation of groups described by Subdivision (1) to the extent permitted by law.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.002 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.002. General Definitions

Sec. 2201.002.  GENERAL DEFINITIONS.  In this chapter:(1)  "Agent" includes the terms "agent" and "broker" as used in the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.).(2)  "Hazardous financial condition" means a condition in which a risk retention group, based on the group's present or reasonably anticipated financial condition and although the group is not yet financially impaired or insolvent, is unlikely to be able to:(A)  meet obligations to policyholders with respect to known claims and reasonably anticipated claims;  or(B)  pay other obligations in the normal course of business.(3)  "Insurance" means primary insurance, excess insurance, reinsurance, surplus lines insurance, and any other arrangement for transferring and distributing risk that is determined to be insurance under the laws of this state.(4)  "State" means any state of the United States or the District of Columbia.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.003 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.003. Liability Defined

Sec. 2201.003.  LIABILITY DEFINED.  (a)  In this chapter, except as provided by Subsection (b) or as otherwise provided by this chapter:(1)  "Completed operations liability" means liability, including liability for activities that are completed or abandoned before the date of the occurrence giving rise to the liability, arising out of the installation, maintenance, or repair of any product at a site that is not owned or controlled by:(A)  a person who performs that work; or(B)  a person who hires an independent contractor to perform that work.(2)  "Liability" means legal liability for damages, including costs of defense, legal costs, fees, and other claims expenses, incurred because of personal injury, property damage, or other damage or loss to another person resulting from or arising out of:(A)  a product, trade, or business, regardless of whether the business operates for profit;(B)  operations, premises, or services, including professional services; or(C)  any activity of:(i)  a state or local government; or(ii)  an agency or political subdivision of a state or local government.(3)  "Product liability" means liability for damages incurred because of any personal injury, death, emotional harm, consequential economic damage, or property damage, including damage resulting from the loss of use of property, arising out of the manufacture, design, importation, distribution, packaging, labeling, lease, or sale of a product, but does not include the liability of any person for those damages if the product involved was in the possession of that person when the incident giving rise to the claim occurred.(b)  In this chapter, "liability" does not include:(1)  liability for damages incurred because of personal injury, property damage, or other damage or loss resulting from a personal, familial, or household activity or responsibility; or(2)  an employer's liability with respect to the employer's employees other than legal liability under the Federal Employers' Liability Act (45 U.S.C. Section 51 et seq.).|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.004 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.004. Agent License Required

Sec. 2201.004.  AGENT LICENSE REQUIRED.  (a)  A person, firm, partnership, or corporation may not act or offer to act as an agent for, or aid in any manner in the solicitation, negotiation, or placement of insurance on behalf of, a risk retention group or purchasing group operating in this state or a group member in this state without first obtaining a license as an agent under:(1)  Chapter 4051, if a resident of this state; or(2)  Chapter 4056, if a nonresident of this state.(b)  A person, firm, partnership, or corporation must comply with Chapter 981 before the person, firm, partnership, or corporation, on behalf of a purchasing group or a group member in this state:(1)  acts or offers to act as an agent for an insurer not authorized to engage in business in this state; or(2)  aids in any manner in the solicitation, negotiation, or placement of insurance with an insurer not authorized to engage in business in this state.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.005 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.005. Exemption From Certain Requirements

Sec. 2201.005.  EXEMPTION FROM CERTAIN REQUIREMENTS.  (a)  A provision of Chapter 981, 4055, or 4056 does not apply to an agent described by Subsection (b) if the provision:(1)  requires residency in this state;(2)  requires countersignatures;(3)  prohibits the solicitation of insurance in this state by a nonresident or the payment of commissions to a nonresident; or(4)  prohibits a nonresident from acting as a surplus or excess lines agent.(b)  The exemption provided by Subsection (a) applies to an agent licensed under Chapter 981, 4055, or 4056 who is acting on behalf of a risk retention group or purchasing group operating in this state or a group member in this state in providing or placing liability insurance for risks located in this state.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|Sec. 2201.006.  AUTHORITY OF COMMISSIONER.  (a)  To enforce the laws of this state, the commissioner may use any authority provided by this code that is not specifically preempted by the Product Liability Risk Retention Act of 1981, as amended by the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.), including the authority to investigate, issue a subpoena, conduct a deposition or hearing, issue an order, and impose a penalty.(b)  The commissioner shall rely on the procedural laws and rules of this state with regard to an investigation, an administrative proceeding, or litigation.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.007 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.007. Annual Report to Commissioner

Sec. 2201.007.  ANNUAL REPORT TO COMMISSIONER.  An agent licensed as required by Section 2201.004 shall report to the commissioner not later than March 1 of each year the activities and scope of services being provided to a risk retention group or purchasing group.  The report must be made in accordance with rules adopted by the commissioner.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.008 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter A. General Provisions|Section 2201.008. Rules

Sec. 2201.008.  RULES.  The commissioner may adopt rules relating to risk retention groups and purchasing groups that are necessary to carry out this chapter. |Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.051 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter B. Risk Retention Group Qualifications|Section 2201.051. General Qualifications of Risk Retention Group

Sec. 2201.051.  GENERAL QUALIFICATIONS OF RISK RETENTION GROUP.  A risk retention group must be a corporation or other limited liability association that:(1)  is organized primarily to assume and spread, and engages primarily in assuming and spreading, all or any portion of the liability exposure of the group's members; and(2)  otherwise meets the qualifications of this subchapter.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.052 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter B. Risk Retention Group Qualifications|Section 2201.052. Name of Group

Sec. 2201.052.  NAME OF GROUP.  A risk retention group must include in its name the phrase "risk retention group."|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.053 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter B. Risk Retention Group Qualifications|Section 2201.053. Status as Liability Insurer Required

Sec. 2201.053.  STATUS AS LIABILITY INSURER REQUIRED.  A corporation or other limited liability association must be chartered and authorized to engage in the business of insurance as a liability insurer under the laws of any state to act as a risk retention group.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.054 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter B. Risk Retention Group Qualifications|Section 2201.054. Qualifications Regarding Authority of Certain Entities to Engage in Business

Sec. 2201.054.  QUALIFICATIONS REGARDING AUTHORITY OF CERTAIN ENTITIES TO ENGAGE IN BUSINESS.  (a)  In this section, "completed operations liability" and "product liability" have the meanings assigned by the Product Liability Risk Retention Act of 1981 (15 U.S.C. Section 3901 et seq.) before the effective date of the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.).(b)  Notwithstanding Section 2201.053, a corporation or other limited liability association may be considered a risk retention group if:(1)  before January 1, 1985, the corporation or association:(A)  was chartered and authorized to engage in the business of insurance under the laws of Bermuda or the Cayman Islands; and(B)  had certified to the commissioner, director, or superintendent of insurance of at least one state that it satisfied the capitalization requirements of that state; and(2)  since January 1, 1985, the corporation or association has been continuously engaged in business solely to continue to provide insurance to cover completed operations liability or product liability.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.055 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter B. Risk Retention Group Qualifications|Section 2201.055. Qualifications Regarding Membership

Sec. 2201.055.  QUALIFICATIONS REGARDING MEMBERSHIP.  (a)  A risk retention group must be composed of members who are engaged in similar or related businesses or activities with respect to the liability to which those members are exposed by virtue of any related, similar, or common product, trade, business, operations, premises, or services.(b)  A risk retention group must have:(1)  as members, only persons who are provided insurance by the group; or(2)  as the sole owner, an organization that has:(A)  as members, only persons who comprise the membership of the group; and(B)  as owners, only persons who comprise the membership of the group and are provided insurance by the group.(c)  A risk retention group may not exclude a person from membership in the group solely to provide a competitive advantage for group members over that person.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.056 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter B. Risk Retention Group Qualifications|Section 2201.056. Authorized Activities

Sec. 2201.056.  AUTHORIZED ACTIVITIES.  (a)  A risk retention group may provide:(1)  liability insurance for assuming and spreading all or any portion of the liability of the group's members; and(2)  reinsurance with respect to the liability of another risk retention group, or a member of that group, engaged in businesses or activities that meet the requirements of Section 2201.055(a) for membership in the group providing reinsurance.(b)  A risk retention group may not engage in activities that include providing insurance other than the insurance described by Subsection (a).|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.101 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter C. Risk Retention Groups|Section 2201.101. Eligibility Requirements

Sec. 2201.101.  ELIGIBILITY REQUIREMENTS.  Except as otherwise provided by this chapter, a risk retention group that applies to be chartered in this state must:(1)  be chartered and authorized to engage in the business of insurance under Chapter 822, 861, 883, or 942; and(2)  comply with all the laws, rules, and requirements, including Chapter 804, applicable to insurers authorized to engage in business under those chapters and with Subchapter D to the extent those requirements do not limit the laws, rules, or requirements of this state.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.102 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter C. Risk Retention Groups|Section 2201.102. Charter Application

Sec. 2201.102.  CHARTER APPLICATION.  (a)  A risk retention group that applies to be chartered in this state shall provide to the commissioner with the application for charter the following in accordance with rules adopted by the commissioner:(1)  the group's name;(2)  the identity of the group's initial members;(3)  the identity of the individuals who organized the group or who will provide administrative services or otherwise influence or control the group's activities;(4)  the amount and nature of initial capitalization;(5)  the coverages to be afforded;  and(6)  the states in which the group intends to operate.(b)  Immediately on receipt of an application for charter, the commissioner shall provide summary information concerning the filing, including the information provided under Subsection (a), to the National Association of Insurance Commissioners.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.103 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter C. Risk Retention Groups|Section 2201.103. Plan of Operation; Revisions

Sec. 2201.103.  PLAN OF OPERATION; REVISIONS.  (a)  Except as provided by Subsection (b), before a risk retention group chartered in this state may offer insurance in any state, the group must submit to the commissioner for approval a plan of operation as described by Section 2201.202.(b)  A risk retention group is not required to submit a plan of operation under this section with respect to any kind or classification of liability insurance that:(1)  was defined in the Product Liability Risk Retention Act of 1981 (15 U.S.C. Section 3901 et seq.), as that Act existed before October 27, 1986; and(2)  was offered before October 27, 1986, by any risk retention group that had been chartered and operating for at least three years before that date.(c)  The risk retention group must submit a revision of the group's plan of operation to the commissioner and the commissioner must approve the revision before the group:(1)  offers an additional line of insurance in this state or in any other state; or(2)  effects a change in the group's operations as described in the plan of operation.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.104 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter C. Risk Retention Groups|Section 2201.104. Filing Fee

Sec. 2201.104.  FILING FEE.  (a)  In addition to all other fees imposed on an insurer chartered and authorized to engage in business under Chapter 822, 861, 883, or 942, a risk retention group chartered in this state shall pay a filing fee in an amount not to exceed $1,000 as set by rules adopted by the commissioner.(b)  Fees collected under this section shall be deposited to the credit of the Texas Department of Insurance operating account to pay expenses incurred by the commissioner under Sections 2201.102 and 2201.103.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|
TX Ins Code § 2201.151 (2021)
2021 Texas Statutes|Insurance Code|Title 10 - Property and Casualty Insurance|Subtitle G - Pools, Groups, Plans, and Self-Insurance|Chapter 2201 - Risk Retention Groups and Purchasing Groups|Subchapter D. Risk Retention Groups|Section 2201.151. Compliance Required

Sec. 2201.151.  COMPLIANCE REQUIRED.  A risk retention group chartered and authorized to engage in business in another state, Bermuda, or the Cayman Islands shall comply with this subchapter to engage in business as a risk retention group in this state.|Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.|