Sec. 2171.002. AUTHORIZATION FOR ISSUANCE  


Latest version.
  • An insurer may write commercial group property insurance for:

    (1) a group of businesses that constitutes a large risk if the members of the group have clearly identifiable underwriting characteristics; or

    (2) an association that constitutes a large risk if the members of the association are engaged in similar undertakings.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.