Tex. Ins. Code Section 462.210
Claims Not Covered: Certain Damages


A claim against the insured, insurer, guaranty association, receiver, special deputy receiver, or commissioner for recovery of punitive, exemplary, extracontractual, or bad-faith damages awarded in a court judgment against an insured or insurer is not a covered claim.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Source: Section 462.210 — Claims Not Covered: Certain Damages, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­462.­htm#462.­210 (accessed Nov. 25, 2023).

462.001
Short Title
462.002
Purposes
462.003
Construction
462.004
General Definitions
462.005
Description of Control
462.006
Net Direct Written Premiums
462.007
Applicability in General
462.008
Applicability to Texas Mutual Insurance Company
462.009
Applicability to Former Texas Workers’ Compensation Insurance Facility and Successor
462.010
Conflict with Other Laws
462.011
Immunity in General
462.012
Immunity in Relation to Certain Reports and Recommendations
462.013
Immunity in Relation to Certain Negotiations
462.014
Rules
462.015
Information Provided by or to Commissioner
462.016
Penalty for Failure to Pay Assessments or Comply with Plan of Operation
462.017
Appeals and Other Actions
462.051
Association as Legal Entity
462.052
Board of Directors
462.053
Eligibility to Serve as Public Representative
462.054
Eligibility to Serve as Industry Representative
462.055
Term
462.056
Reimbursement of Board Members
462.057
Financial Statement of Board Member
462.058
Conflict of Interest
462.059
Meeting by Conference Call
462.101
General Powers and Duties
462.102
Association Not in Place of Impaired Insurer
462.103
Plan of Operation
462.104
Notice to Insureds
462.105
Accounts
462.106
Administrative Expenses
462.107
Examination of Association
462.108
Deposit of Money
462.109
Delegation of Powers and Duties
462.110
Exemption from Certain Fees and Taxes
462.111
Access to Records of Member Insurer in Receivership
462.112
Board Access to Records of Impaired Insurer
462.113
Board Report on Conclusion of Insolvency
462.114
Duty of Receiver
462.151
Making of Assessment
462.152
Maximum Total Assessment
462.153
Refund of Contribution
462.154
Notice of Assessment
462.155
Deferment
462.156
Use of Assessments
462.157
Tax Credit
462.158
Advance as Loan
462.159
Estimate of Additional Money Needed on Impairment of Insurer
462.160
Assessment for Additional Money for Accounts
462.161
Amount of Assessment
462.162
Maximum Assessment of Insurer
462.163
Payment of Assessment
462.164
Participation Receipts
462.165
Accounting
462.166
Use of Excess Money in Account
462.167
Collection of Assessments
462.168
Exemption for Impaired Insurer
462.201
Covered Claims in General
462.202
Claim for Unearned Premiums
462.203
Certain Expenses of Receivership or Conservatorship Estate Covered
462.204
Affiliate May Not Be Claimant
462.205
Determination of Residence of Entities
462.206
Claims Not Covered: Premium Under Retrospective Rating Plan
462.207
Claims Not Covered: Amounts Due Certain Entities
462.208
Claims Not Covered: Supplementary Payment Obligations
462.209
Claims Not Covered: Prejudgment or Postjudgment Interest
462.210
Claims Not Covered: Certain Damages
462.211
Claims Not Covered: Late Filed Claims
462.212
Net Worth Exclusion
462.213
Amount of Individual Covered Claim
462.214
Certain Shareholders’ Claims: Limit
462.251
Exhaustion of Rights Under Other Policy Required
462.252
Reduction in Amount of Covered Claim for Other Policy
462.253
Effect on Insured of Reduction in Amount of Covered Claim
462.254
Recovery from More than One Guaranty Association
462.255
Certain Claims Subject to Lien or Subrogation
462.301
General Powers and Duties of Association in Connection with Payment of Covered Claims
462.302
Payment of Covered Claims
462.303
Certain Determinations Not Binding
462.304
Servicing Facility
462.305
Limitation of Association’s Liability
462.306
Discharge of Policy Obligation
462.307
Assignment of Rights
462.308
Recovery from Certain Persons
462.309
Stay of Proceedings
462.310
Settlement by Association Binding
462.311
Report to Receiver
462.351
Issuance of Policies After Release from Receivership
462.1121
Action to Obtain Information Concerning Insurer in Receivership Authorized

Accessed:
Nov. 25, 2023

§ 462.210’s source at texas​.gov