Sec. 2051.153. LIABILITY OF POLICYHOLDER FOR ADDITIONAL PREMIUM. (a) If a policyholder commits an administrative violation under Section 2051.152 and obtains workers' compensation insurance coverage at a premium that is less than the premium that would have been charged if the policyholder had not committed the administrative violation, the policyholder is liable to the insurer for:
(1) the difference between the premium due and the premium actually charged; and
(2) reasonable interest and attorney's fees.
(b) For the purposes of this section, "insurer" includes the Texas Mutual Insurance Company.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle E - Workers' Compensation Insurance
Chapter 2051 - General Provisions: Workers' Compensation Insurance
Subchapter D. Duties and Prohibited Acts; Enforcement
Section 2051.151. Notice of Claims Information to Policyholder Required; Administrative Penalty
Section 2051.152. Prohibited Acts by Person; Administrative Penalty
Section 2051.153. Liability of Policyholder for Additional Premium
Section 2051.154. Prohibited Act by Insurer; Administrative Penalty
Section 2051.155. Sanction of Agent Required
Section 2051.156. Cancellation of Certificate of Authority Required