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Texas Insurance Code - INS § 964.073. Adjuster License Not Required; Exception

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

(a) Except as provided by Subsection (b), a captive insurance company is not required to use a person licensed as an adjuster under Chapter 4101 to adjust losses.

(b) A captive insurance company shall use a person licensed as an adjuster under Chapter 4101 to adjust a claim that a person that is not an affiliated company or an insured controlled unaffiliated business makes against an affiliated company insured by the captive insurance company.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 964.073. Adjuster License Not Required; Exception - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-964-073/

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