Tex. Ins. Code Section 551.051
Definitions


In this subchapter:

(1)

“Commercial property insurance” has the meaning assigned by Section 2251.002 (Definitions).

(1-a)

“Insurer” means an insurance company or other entity admitted to engage in business and authorized to write liability insurance or commercial property insurance in this state, including a county mutual insurance company, a Lloyd’s plan, and a reciprocal or interinsurance exchange. The term does not include a county mutual fire insurance company that writes exclusively industrial fire insurance as described by Section 912.310 (Certain Companies Exempt) or a farm mutual insurance company.

(2)

“Liability insurance” means:

(A)

general liability insurance;

(B)

professional liability insurance other than medical professional liability insurance;

(C)

commercial automobile liability insurance;

(D)

commercial multiperil insurance; and

(E)

any other type or line of liability insurance designated by the department.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 72 (S.B. 590), Sec. 2, eff. September 1, 2019.

Source: Section 551.051 — Definitions, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­551.­htm#551.­051 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 551.051’s source at texas​.gov