Sec. 2207.402. SCOPE OF COVERAGE. (a) A pool shall insure a county, school district, or junior college district and the entity's officers and employees against liability for acts and omissions under the laws governing that county, school district, or junior college district and the entity's officers and employees in their official or employment capacities.
(b) Except as provided by Subsection (c), under the excess liability insurance coverage, a pool shall pay any portion of a claim against a county, school district, or junior college district, as applicable, and the entity's officers and employees that:
(1) exceeds $500,000; and
(2) is finally determined or settled or is included in a final judgment of a court.
(c) The amount paid by a pool under this section may not exceed the amount the board determines is actuarially sound for the pool.
(d) A pool may participate in evaluating, settling, or defending a claim made under the excess liability insurance coverage.
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 G - Pools, Groups, Plans, and Self-Insurance
Chapter 2207 - Excess Liability Pools for Counties and Certain Educational Entities
Section 2207.401. Entitlement to Coverage
Section 2207.402. Scope of Coverage
Section 2207.403. Basis of Coverage
Section 2207.404. Rates and Limits of Coverage
Section 2207.405. Use of Entity Money for Pool Coverage Authorized
Section 2207.406. Coverage Period
Section 2207.407. Nonrenewal of Coverage