Sec. 101.002. DEFINITIONS. In this chapter:
(1) "Insurer" includes:
(A) a corporation, association, partnership, or individual engaged as a principal in the business of insurance;
(B) an interinsurance exchange or mutual benefit society; or
(C) an insurance exchange or syndicate.
(2) "Unfair act" means an unfair method of competition or an unfair or deceptive act or practice as defined under Chapter 541 or a rule adopted under that chapter.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2B.015, eff. April 1, 2009.
Structure Texas Statutes
Title 2 - Texas Department of Insurance
Subtitle B - Discipline and Enforcement
Chapter 101 - Unauthorized Insurance
Subchapter A. General Provisions
Section 101.001. State Policy and Purpose
Section 101.003. Insurance Exchanges and Syndicates; Rules
Section 101.004. Unconstitutional Application Prohibited; Notice to Commissioner