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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An advisory organization may not compile or distribute recommendations for:
(1) rates; or
(2) profit or expenses other than loss adjustment expenses.
(b) An insurer or advisory organization may not:
(1) attempt to monopolize, combine, or conspire with another person to monopolize an insurance market;
(2) engage in a boycott, on a concerted basis, of an insurance market; or
(3) make an agreement with another insurer, advisory organization, or person if the agreement has the purpose or effect of restraining trade unreasonably or substantially lessening competition in the business of insurance.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1805.058. Prohibited Acts - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1805-058/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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