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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Notwithstanding Section 2210.006, this subchapter applies to an insurer that is:
(1) an insurer authorized to engage in the business of insurance in this state that is required to be a member of the association, including a farm mutual insurance company that is a fronting insurer as defined by Section 221.001(c);
(2) a farm mutual insurance company that is not a fronting insurer as defined by Section 221.001(c) only for purposes of the collection of surcharges authorized by this subchapter;
(3) an unaffiliated eligible surplus lines insurer writing the lines of business subject to a premium surcharge under this subchapter;
(4) the association; and
(5) the FAIR Plan Association.
(b) A premium surcharge under this subchapter applies to:
(1) a policy written under the following lines of insurance:
(A) fire and allied lines;
(B) farm and ranch owners; and
(C) residential property insurance; and
(2) the property insurance portion of a commercial multiple peril insurance policy.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 2210.642. Applicability of Subchapter - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2210-642/
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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