Sec. 521.101. APPLICABILITY OF SUBCHAPTER  


Latest version.
  • (a) Except as provided by Subsection (b), this subchapter applies to a health maintenance organization authorized to engage in the business of a health maintenance organization in this state or an insurer authorized to engage in the business of insurance in this state, including:

    (1) a capital stock insurance company;

    (2) a mutual insurance company;

    (3) a title insurance company;

    (4) a fraternal benefit society;

    (5) a local mutual aid association;

    (6) a statewide mutual assessment company;

    (7) a county mutual insurance company;

    (8) a Lloyd's plan;

    (9) a reciprocal or interinsurance exchange;

    (10) a stipulated premium company;

    (11) a group hospital service corporation; and

    (12) a risk retention group.

    (b) This subchapter does not apply to a health maintenance organization or insurer:

    (1) that has gross initial premium receipts collected in this state of less than $2 million each year; or

    (2) with regard to fidelity, surety, or guaranty bonds.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.