Sec. 31.002. DUTIES OF DEPARTMENT. In addition to the other duties required of the Texas Department of Insurance, the department shall:
(1) regulate the business of insurance in this state;
(2) administer the workers' compensation system of this state as provided by Title 5, Labor Code;
(3) ensure that this code and other laws regarding insurance and insurance companies are executed;
(4) protect and ensure the fair treatment of consumers; and
(5) ensure fair competition in the insurance industry in order to foster a competitive market.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.
Amended by:
Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 6.051, eff. September 1, 2005.
Acts 2011, 82nd Leg., R.S., Ch. 1147 (H.B. 1951), Sec. 1.001, eff. September 1, 2011.
Structure Texas Statutes
Title 2 - Texas Department of Insurance
Subtitle A - Administration of the Texas Department of Insurance
Chapter 31 - Organization of Department
Subchapter A. General Provisions
Section 31.002. Duties of Department
Section 31.003. Composition of Department
Section 31.004. Sunset Provision
Section 31.005. Defense by Attorney General
Section 31.006. Texas Workers' Compensation Commission Not Affected