Tex. Ins. Code Section 4055.1515
Travel Insurance Supervising Entity and Travel Administrator

(a)

An insurer authorized to engage in the business of travel insurance in this state may designate a travel insurance supervising entity for purposes of this subchapter. The supervising entity must be:

(1)

a licensed managing general agent;

(2)

a licensed third-party administrator;

(3)

a licensed insurance agent, including a specialty license holder and a person described by Section 4055.002 (Applicability of Chapter to Certain Agents)(a); or

(4)

a travel administrator.

(b)

Notwithstanding any other provisions of this code, a person may not act or represent the person as a travel administrator for travel insurance unless the person is:

(1)

a licensed property and casualty insurance agent;

(2)

a licensed managing general agent; or

(3)

a third-party administrator engaging in the business of insurance in this state under a certificate of authority.

(c)

A travel administrator and a travel administrator’s employees are exempt from the licensing requirements under Chapter 4101 (Insurance Adjusters) with respect to travel insurance.

(d)

An insurer is responsible for the acts of a travel administrator administering travel insurance underwritten by the insurer. The insurer must ensure that the travel administrator maintains all books and records relevant to the insurer and makes the books and records available to the department on request of the commissioner.
Added by Acts 2013, 83rd Leg., R.S., Ch. 805 (S.B. 1672), Sec. 3, eff. September 1, 2013.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1000 (H.B. 2587), Sec. 3, eff. September 1, 2019.

Source: Section 4055.1515 — Travel Insurance Supervising Entity and Travel Administrator, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­4055.­htm#4055.­1515 (accessed Apr. 29, 2024).

4055.001
Definition 4055.002
Applicability of Chapter to Certain Agents 4055.003
Rules 4055.004
Application 4055.005
License Issuance 4055.006
Examination and Continuing Education Not Required 4055.007
Appointment as Agent by Insurer 4055.008
General Powers and Duties 4055.009
Certain Representations Prohibited 4055.010
Treatment of Certain Premiums 4055.011
Authority of Employee of Specialty License Holder 4055.012
Training Required to Act on Behalf of Specialty License Holder 4055.013
Assignment and Transfer of Compensation by Certain Agents 4055.014
Disclosures Required Before Issuance of Insurance 4055.015
Violation by Specialty License Holder 4055.051
Definitions 4055.052
Issuance of License 4055.053
Authority of Rental Car Company or Franchisee 4055.101
General Definitions 4055.102
Definition of Credit Property Insurance 4055.103
Issuance of License 4055.104
Authority of Credit Insurance Agent 4055.105
Exemption from Certain Disclosure Requirements 4055.151
Definitions 4055.152
Specialty License 4055.153
Authority of Travel Retailer 4055.154
Travel Insurance Generally 4055.155
Duties of Insurers and Supervising Entities 4055.156
Duties of Travel Retailers 4055.157
Enforcement 4055.158
Rulemaking 4055.201
Definitions 4055.202
Issuance of License 4055.203
Authority of Self-service Storage Facility or Franchisee 4055.251
Definitions 4055.252
Issuance of License 4055.253
Authority of Vendor of Portable Electronic Devices 4055.254
Insurance Policy 4055.255
Required Training 4055.256
Required Disclosures 4055.1515
Travel Insurance Supervising Entity and Travel Administrator
Green check means up to date. Up to date

Accessed:
Apr. 29, 2024

§ 4055.1515’s source at texas​.gov