Tex. Ins. Code Section 2251.001

The purposes of this subchapter and Subchapters B, C, D, and E are to:


promote the public welfare by regulating insurance rates to prohibit excessive, inadequate, or unfairly discriminatory rates;


promote the availability of insurance;


promote price competition among insurers to provide rates and premiums that are responsive to competitive market conditions;


prohibit price-fixing agreements and other anticompetitive behavior by insurers; and


provide regulatory procedures for the maintenance of appropriate information reporting systems.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 2251.001 — Purpose, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2251.­htm#2251.­001 (accessed Dec. 9, 2023).

Dec. 9, 2023

§ 2251.001’s source at texas​.gov