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Texas Insurance Code - INS § 701.001. Definitions

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

In this chapter:

(1) “Authorized governmental agency” means:

(A) a municipal, county, or state law enforcement agency of this state or another state or a law enforcement agency of the United States;  or

(B) the prosecuting attorney of a municipality, county, or judicial district of this state or another state or the prosecuting attorney of the United States.

(2) “Fraudulent insurance act” means an act that is a violation of a penal law and is:

(A) committed or attempted while engaging in the business of insurance;

(B) committed or attempted as part of or in support of an insurance transaction;  or

(C) part of an attempt to defraud an insurer.

(3) “Insurer” means a person who is engaged in the business of insurance as a principal or agent.  The term includes:

(A) an unauthorized insurer;  and

(B) an entity that is self-insured and provides health care benefits to the entity's employees.

(4) “Person” means an individual, corporation, organization, governmental entity, business trust or another trust, estate, partnership, joint venture, association, or any other legal entity.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 701.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-701-001/

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