Tex. Ins. Code Section 2153.055
Insurer Qualifications

To qualify to write group automobile insurance, an insurer:

(1)

must be authorized to engage in the business of automobile insurance in this state;

(2)

must also be engaged in the business of writing automobile insurance for independent individual risks; and

(3)

may not be organized solely to provide group automobile insurance.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 2153.055 — Insurer Qualifications, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2153.­htm#2153.­055 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 2153.055’s source at texas​.gov