Tex. Ins. Code Section 964.073
Adjuster License Not Required; Exception


(a)

Except as provided by Subsection (b), a captive insurance company is not required to use a person licensed as an adjuster under Chapter 4101 (Insurance Adjusters) to adjust losses.

(b)

A captive insurance company shall use a person licensed as an adjuster under Chapter 4101 (Insurance Adjusters) to adjust a claim that a person that is not an affiliated company or an insured controlled unaffiliated business makes against an affiliated company insured by the captive insurance company.
Added by Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944), Sec. 1.17, eff. June 15, 2017.

Source: Section 964.073 — Adjuster License Not Required; Exception, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­964.­htm#964.­073 (accessed Apr. 13, 2024).

Accessed:
Apr. 13, 2024

§ 964.073’s source at texas​.gov