Sec. 2211.102. LIABILITY OF INSURERS TO ASSOCIATION; ASSESSMENTS. The participating insurers are liable to the association as provided by this chapter and the plan of operation for the expenses and liabilities incurred by the association as provided by this chapter and the plan. The association shall make assessments against the participating insurers as required to meet those expenses and liabilities.
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
Subchapter C. Insurer Participation in Fair Plan
Section 2211.101. Coverage Provided to Insureds in Underserved Area
Section 2211.102. Liability of Insurers to Association; Assessments
Section 2211.103. Recomputation of Reimbursement Ratios
Section 2211.104. Additional Assessment in Event of Deficit; Premium Surcharge Authorized
Section 2211.105. Retention and Use of Profits by Association