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Texas Insurance Code - INS § 1115.101. Mitigation

Current as of January 01, 2024 | Updated by Findlaw Staff

An insurer is responsible for compliance with this chapter.  If a violation occurs because of the action or inaction of the insurer or the insurer's agent, the commissioner may:

(1) order:

(A) the insurer to take reasonable appropriate corrective action for any consumer harmed by a failure to comply with this chapter by the insurer, the insurer's agent, or an entity contracted to perform the insurer's supervisory duties;  or

(B) a general agency, independent agency, or the agent to take reasonably appropriate corrective action for any consumer harmed by the agent's violation of this chapter;  and

(2) impose appropriate sanctions as provided by Section 1115.102.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1115.101. Mitigation - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1115-101/

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