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Texas Insurance Code - INS § 542.101. Request by Named Insured Under Liability Insurance Policy

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

(a) In this section, “liability insurance” means:

(1) general liability insurance;

(2) professional liability insurance, including medical professional liability insurance;

(3) commercial automobile liability insurance;  and

(4) the liability portion of commercial multiperil insurance.

(b) On written request of a named insured under a liability insurance policy, the insurer that wrote the policy shall provide to the insured information relating to the disposition of a claim filed under the policy.  The information must include:

(1) the name of each claimant;

(2) details relating to:

(A) the amount paid on the claim;

(B) settlement of the claim;  or

(C) judgment on the claim;

(3) details as to how the claim, settlement, or judgment is to be paid;  and

(4) any other information required by rule of the commissioner that the commissioner considers necessary to adequately inform an insured with regard to any claim under a liability insurance policy.

(c) A request for information under this section must be transmitted to the insurer not later than six months after the date of disposition of the claim.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 542.101. Request by Named Insured Under Liability Insurance Policy - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-542-101/

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