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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Bad faith participation or otherwise failing to comply with Subchapter B-1 is grounds for imposition of an administrative penalty by the regulatory agency that issued a license or certificate of authority to the party who committed the violation.
(b) Except for good cause shown, on a report of a mediator and appropriate proof of bad faith participation under Subchapter B, the regulatory agency that issued the license or certificate of authority shall impose an administrative penalty.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1467.102. Penalties - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1467-102/
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