Sec. 2054.156. RATIO OF CERTAIN PREMIUMS TO SURPLUS. The company shall maintain a ratio of net written premiums on policies written after reinsurance to surplus of not more than three to one.
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 2054 - Texas Mutual Insurance Company
Subchapter D. Operation of Company; Financial Administration
Section 2054.151. Purposes of Company
Section 2054.152. Payment of Taxes, Fees, and Other Charges
Section 2054.153. Membership in Texas Property and Casualty Insurance Guaranty Association
Section 2054.154. Company Assets; State Liability
Section 2054.155. Required Reserves