Ins. Code Section 401.057
Use of Audit and Work Papers
(a)In this section, “work papers” has the meaning assigned by Section 401.020 (Accountant Work Papers)(a).
(b)In conducting an examination under this subchapter, the department shall use audits and work papers that the carrier makes available to the department and that are prepared by an accountant or accounting firm meeting the qualifications of Section 401.011 (Qualifications of Accountant; Acceptance of Audited Financial Report). The department may conduct a separate audit of the carrier if necessary. Work papers developed in the audit shall be maintained in the manner provided by Sections 401.020 (Accountant Work Papers)(b) and (c).
(c)The carrier shall provide the department with:
(1)the work papers of an accountant or accounting firm or the carrier; and
(2)a record of any communications between the accountant or accounting firm and the carrier that relate to an audit.
(d)The accountant or accounting firm shall deliver the information described by Subsection (c) to the examiner. The examiner shall retain the information during the department’s examination of the carrier.
(e)Information obtained under this section is confidential and may not be disclosed to the public except when introduced as evidence in a hearing.
Section 401.057 — Use of Audit and Work Papers,
https://statutes.capitol.texas.gov/Docs/IN/htm/IN.401.htm#401.057 (accessed Nov. 25, 2023).