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Texas Insurance Code - INS § 521.101. Applicability of Subchapter

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

(a) Except as provided by Subsection (b), this subchapter applies to a health maintenance organization authorized to engage in the business of a health maintenance organization in this state or an insurer authorized to engage in the business of insurance in this state, including:

(1) a capital stock insurance company;

(2) a mutual insurance company;

(3) a title insurance company;

(4) a fraternal benefit society;

(5) a local mutual aid association;

(6) a statewide mutual assessment company;

(7) a county mutual insurance company;

(8) a Lloyd's plan;

(9) a reciprocal or interinsurance exchange;

(10) a stipulated premium company;

(11) a group hospital service corporation; and

(12) a risk retention group.

(b) This subchapter does not apply to a health maintenance organization or insurer:

(1) that has gross initial premium receipts collected in this state of less than $2 million each year; or

(2) with regard to fidelity, surety, or guaranty bonds.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 521.101. Applicability of Subchapter - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-521-101/

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