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Texas Insurance Code - INS § 1805.151. Authority of Commissioner

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

If, after a hearing, the commissioner determines that an activity or practice of a group, association, or other organization of insurers engaging in joint underwriting or joint reinsurance is unfair, unreasonable, or otherwise inconsistent with this chapter or other applicable law, the commissioner may issue a written order:

(1) specifying the manner in which the activity or practice is unfair, unreasonable, or inconsistent with the applicable law;  and

(2) requiring the group, association, or organization to discontinue the activity or practice.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1805.151. Authority of Commissioner - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1805-151/

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