Tex. Ins. Code Section 2051.153
Liability of Policyholder for Additional Premium

(a)

If a policyholder commits an administrative violation under Section 2051.152 (Prohibited Acts by Person; Administrative Penalty) and obtains workers’ compensation insurance coverage at a premium that is less than the premium that would have been charged if the policyholder had not committed the administrative violation, the policyholder is liable to the insurer for:

(1)

the difference between the premium due and the premium actually charged; and

(2)

reasonable interest and attorney’s fees.

(b)

For the purposes of this section, “insurer” includes the Texas Mutual Insurance Company.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 2051.153 — Liability of Policyholder for Additional Premium, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2051.­htm#2051.­153 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 2051.153’s source at texas​.gov