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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 5. PROTECTION OF CONSUMER INTERESTS |
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Subtitle A. PUBLIC INSURANCE COUNSEL |
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Chapter 501. OFFICE OF PUBLIC INSURANCE COUNSEL |
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Subchapter E. ASSESSMENTS |
Sec. 501.204. ASSESSMENT ON LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES
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(a) This section applies to each insurer authorized to engage in business in this state under:
(1) Chapter 841;
(2) Chapter 842;
(3) Section 1367.053, Subchapter A, Chapter 1452, Subchapter B, Chapter 1507, Chapter 222, 251, or 258, as applicable to a health maintenance organization, Chapter 843, Chapter 1271, or Chapter 1272;
(4) Chapter 882;
(5) Chapter 884;
(6) Chapter 885;
(7) Chapter 887;
(8) Chapter 888;
(9) Chapter 961;
(10) Chapter 962;
(11) Chapter 982;
(12) Subchapter B, Chapter 1103;
(13) Subchapter A, Chapter 1104;
(14) Chapter 1201, or a provision listed in Section 1201.005;
(15) Chapter 1551;
(16) Chapter 1578; or
(17) Chapter 1601.
(b) Each insurer subject to this section shall pay an annual assessment of 5.7 cents for each individual policy, and for each certificate of insurance evidencing coverage under a group policy, of life, health, or accident insurance that is written for delivery and placed in force in this state during each calendar year and for which the initial premium is paid in full.