Sec. 558.001. DEFINITION  


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  • In this chapter, "insurer" means an insurance company or other entity authorized to engage in the business of insurance in this state. The term includes:

    (1) a stock life, health, or accident insurance company;

    (2) a mutual life, health, or accident insurance company;

    (3) a stock fire or casualty insurance company;

    (4) a mutual fire or casualty insurance company;

    (5) a Mexican casualty insurance company;

    (6) a farm mutual insurance company;

    (7) a county mutual insurance company;

    (8) a Lloyd's plan;

    (9) a reciprocal or insurance exchange;

    (10) a fraternal benefit society;

    (11) a stipulated premium company;

    (12) a nonprofit legal services corporation;

    (13) a statewide mutual assessment company;

    (14) a local mutual aid association;

    (15) a local mutual burial association;

    (16) an association exempt under Section 887.102;

    (17) a nonprofit hospital, medical, or dental service corporation, including a corporation subject to Chapter 842;

    (18) a risk retention group;

    (19) a purchasing group;

    (20) an eligible surplus lines insurer; and

    (21) a guaranty association operating under Chapter 462 or 463.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 2D.015, eff. April 1, 2009.