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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Under this chapter and the plan of operation, the association, on behalf of the association members, may:
(1) issue, or cause to be issued, medical liability insurance policies to applicants, including primary, excess, and incidental coverages, subject to the limits specified in the plan of operation and Section 2203.152;
(2) underwrite medical liability insurance and adjust and pay losses related to that insurance, or appoint servicing insurers to perform those functions;
(3) either or both accept and refuse the assumption of reinsurance from association members; and
(4) cede and purchase reinsurance.
(b) The association may provide general liability insurance coverage to be issued in connection with medical liability insurance issued by the association.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 2203.151. Powers Relating to Medical Liability Insurance Coverage - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2203-151/
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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