Tex. Ins. Code Section 547.051
Acts Prohibited

(a)

This section applies only to an insurer’s misrepresentation of:

(1)

the insurer’s financial condition;

(2)

the terms of an existing or future contract;

(3)

the benefits or advantages promised by an existing or future contract; or

(4)

the dividends or share of surplus to be received on an existing or future contract.

(b)

An unauthorized alien or foreign insurer may not:

(1)

make, issue, circulate, or cause to be made, issued, or circulated to a resident of this state a misrepresentation in an advertisement, estimate, illustration, circular, pamphlet, or letter that violates Chapter 541 (Unfair Methods of Competition and Unfair or Deceptive Acts or Practices); or

(2)

cause to be made to a resident of this state in a newspaper, magazine, or other publication, or over a radio or television station, a misrepresentation in an announcement or statement that violates Chapter 541 (Unfair Methods of Competition and Unfair or Deceptive Acts or Practices).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

Source: Section 547.051 — Acts Prohibited, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­547.­htm#547.­051 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 547.051’s source at texas​.gov