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Texas Insurance Code - INS § 401.001. Definitions

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

In this subchapter:

(1) “Accountant” means an independent certified public accountant or accounting firm that meets the requirements of Section 401.011.

(2) “Affiliate” has the meaning assigned by Section 823.003.

(3) “Health maintenance organization” means a health maintenance organization authorized to engage in business in this state.

(4) “Insurer” means an insurer authorized to engage in business in this state, including:

(A) a life, health, or accident insurance company;

(B) a fire and marine insurance company;

(C) a general casualty company;

(D) a title insurance company;

(E) a fraternal benefit society;

(F) a mutual life insurance company;

(G) a local mutual aid association;

(H) a statewide mutual assessment company;

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

(J) a farm mutual insurance company;

(K) a county mutual insurance company;

(L) a Lloyd's plan;

(M) a reciprocal or interinsurance exchange;

(N) a group hospital service corporation;

(O) a stipulated premium company;  and

(P) a nonprofit legal services corporation.

(5) “Subsidiary” has the meaning assigned by Section 823.003.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 401.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-401-001/

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