Tex. Ins. Code Section 491.051
Computation of Reserve for Insurer with No Basis Prescribed by Law

For an insurer engaged in the business of a kind of insurance in this state, for which no basis is prescribed by law, the department shall compute the reinsurance reserve on the basis prescribed by Section 862.102 (Reinsurance or Reserves Required for Fire Insurance) for an insurer writing fire insurance.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Source: Section 491.051 — Computation of Reserve for Insurer with No Basis Prescribed by Law, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­491.­htm#491.­051 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 491.051’s source at texas​.gov