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Texas Insurance Code - INS § 1701.003. Applicability of Chapter to Certain Insurers

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

(a) Except as provided by Subsection (b), this chapter applies to any insurer that uses a document described by Section 1701.002 in this state, including:

(1) a life, accident, health, or casualty insurance company;

(2) a mutual life insurance company;

(3) a mutual insurance company other than a mutual life insurance company;

(4) a mutual or natural premium life insurance company;

(5) a general casualty company;

(6) a Lloyd's plan;

(7) a reciprocal or interinsurance exchange;

(8) a fraternal benefit society; and

(9) a group hospital service corporation.

(b) This chapter does not apply to a society, company, or other insurer whose activities are by statute exempt from department control and that is entitled by statute to a certificate from the department showing that exempt status.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1701.003. Applicability of Chapter to Certain Insurers - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1701-003/

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