Tex. Ins. Code Section 1901.056
Absolute Rates Prohibited


In this section, “absolute rates” means rates, rating plans, or rating classifications that are filed under Chapter 2251 (Rates) or Article 5.13-2 by an insurer or authorized rating organization and that are required to be used, to the exclusion of all others, by each insurer authorized to write policies.


A provision of this chapter, Chapter 2251 (Rates), or Article 5.13-2 relating to the regulation of rates, rating plans, and rating classifications for professional liability insurance for physicians and health care providers does not:


give the commissioner the power to promulgate uniform or absolute rates; or


prevent different insurers or organizations authorized to file rates from filing different rates for risks in a given classification or modified rates for individual risks made in accordance with rating plans.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 1901.056 — Absolute Rates Prohibited, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1901.­htm#1901.­056 (accessed Dec. 2, 2023).

Dec. 2, 2023

§ 1901.056’s source at texas​.gov