Sec. 2053.010. PENALTIES. If a workers' compensation insurance policy is issued and the commissioner subsequently disapproves the rate or filing on which the premium is based, the commissioner, after notice and the opportunity for a hearing, may:
(1) impose sanctions under Chapter 82;
(2) issue a cease and desist order under Chapter 83;
(3) impose administrative penalties under Chapter 84; or
(4) take any combination of these actions.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.045(a), eff. September 1, 2007.
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.045(a), eff. September 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle E - Workers' Compensation Insurance
Chapter 2053 - Rates for Workers' Compensation Insurance
Section 2053.002. Rate Standards
Section 2053.003. Rate Filing and Supporting Information
Section 2053.004. Public Information
Section 2053.005. Effective Date of Rate; Hearing
Section 2053.006. Disapproval of Rate Filing; Hearing
Section 2053.007. Disapproval of Rate; Hearing
Section 2053.008. Effect of Disapproval Order
Section 2053.011. Exclusive Jurisdiction
Section 2053.013. Review of Rates; Consideration of Other Law