Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle I. COMPANIES THAT ARE NOT ORGANIZED IN TEXAS |
Chapter 981. SURPLUS LINES INSURANCE |
Subchapter B. ELIGIBILITY REQUIREMENTS FOR SURPLUS LINES INSURERS |
Sec. 981.052. GOOD REPUTATION AND PROMPT SERVICE REQUIRED
Latest version.
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To issue surplus lines insurance, an insurer must have a good reputation and provide reasonably prompt service to its policyholders in the payment of just losses and claims.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.