Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE |
Chapter 2151. TEXAS AUTOMOBILE INSURANCE PLAN ASSOCIATION |
Subchapter D. PLAN OF OPERATION |
Sec. 2151.153. INCENTIVE PROGRAMS
Latest version.
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(a) The plan of operation must include incentive programs to encourage authorized insurers to write insurance on a voluntary basis and to minimize the use of the association as a means to obtain insurance.
(b) One incentive program must target underserved geographic areas, which the commissioner by rule shall designate. In designating underserved areas, the commissioner shall consider with respect to an area:
(1) the availability of insurance;
(2) the number of uninsured drivers;
(3) the number of drivers insured through the association; and
(4) any other relevant factor.
(c) The incentive programs are effective on the commissioner's approval.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.