Tex. Ins. Code Section 84.022
Penalty Amount


The penalty for a violation may not exceed $25,000, unless a greater or lesser penalty is specified by this code or another insurance law of this state.


The amount of the penalty shall be based on:


the seriousness of the violation, including:


the nature, circumstances, extent, and gravity of the violation; and


the hazard or potential hazard created to the health, safety, or economic welfare of the public;


the economic harm to the public interest or public confidence caused by the violation;


the history of previous violations;


the amount necessary to deter a future violation;


efforts to correct the violation;


whether the violation was intentional; and


any other matter that justice may require.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.

Source: Section 84.022 — Penalty Amount, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­84.­htm#84.­022 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 84.022’s source at texas​.gov