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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A covered entity acting alone or through a person, corporation, or legal entity affiliated with the covered entity may bring an action in a court, including a counter-action or cross-action, to:
(1) prevent a person from fraudulently engaging in the business of insurance or the business of a health maintenance organization in this state; or
(2) redress the effects of a person who has fraudulently engaged in the business of insurance or the business of a health maintenance organization in this state.
(b) An action may be brought under this section if:
(1) the acts of the person may adversely affect or have adversely affected at least 10 residents of this state; and
(2) the department has not brought an antifraud action in a court against the person.
(c) An action may be brought under this section regardless of whether the covered entity is directly affected by the person's acts.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 703.051. Antifraud Action Authorized - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-703-051/
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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