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 Texas Statutes (Last Updated: January 4, 2014)
 INSURANCE CODE
 Title 5. PROTECTION OF CONSUMER INTERESTS
 Subtitle C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
 Chapter 542. PROCESSING AND SETTLEMENT OF CLAIMS
 Subchapter B. PROMPT PAYMENT OF CLAIMS

  Sec. 542.053. EXCEPTION  

Latest version.

  • (a) This subchapter does not apply to:

    (1) workers' compensation insurance;

    (2) mortgage guaranty insurance;

    (3) title insurance;

    (4) fidelity, surety, or guaranty bonds;

    (5) marine insurance as defined by Section 1807.001; or

    (6) a guaranty association created and operating under Chapter 2602.

    (b) A guaranty association operating under Chapter 462 or 463 is not subject to the damage provisions of Section 542.060.

    (c) This subchapter does not apply to a health maintenance organization except as provided by Section 1271.005(c).

    (d) This subchapter does not apply to a claim governed by Subchapter C, Chapter 1301.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005. Amended by: Acts 2005, 79th Leg., Ch. 728 , Sec. 11.009(a), eff. September 1, 2005. Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 2D.008, eff. April 1, 2009.