Sec. 2208.301. SCOPE OF COVERAGE. (a) Except as provided by Subsection (b), under the excess insurance coverage, the pool shall pay any portion of a claim against a public entity and the entity's officers and employees that:
(1) exceeds $1 million; and
(2) is finally determined or settled or is included in a final judgment of a court.
(b) The amount paid by the pool under this section may not exceed the amount the board determines is actuarially sound for the pool.
(c) The pool may participate in evaluating or defending a claim made under the 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 2208 - Texas Public Entity Excess Insurance Pool
Section 2208.301. Scope of Coverage
Section 2208.302. Basis of Coverage
Section 2208.303. Punitive Damages Not Covered
Section 2208.304. Rates and Limits of Coverage
Section 2208.305. Use of Public Money for Pool Coverage Authorized
Section 2208.306. Coverage Period
Section 2208.307. Nonrenewal of Coverage