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Texas Insurance Code - INS § 984.204. Authority to Revoke or Suspend Certificate of Authority

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

The commissioner may revoke or suspend a Mexican casualty insurance company's certificate of authority under this chapter if the commissioner, after notice and an opportunity for a hearing, determines that the company, with neglect and wilful disregard, systematically failed to comply with obligations derived from insurance policies issued in this state and the laws applicable to those policies.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 984.204. Authority to Revoke or Suspend Certificate of Authority - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-984-204/

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