Sec. 541.160. EFFECT OF SETTLEMENT OFFER. A settlement offer is not an admission of engaging in an act or practice defined by Subchapter B to be an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 541 - Unfair Methods of Competition and Unfair or Deceptive Acts or Practices
Subchapter D. Private Action for Damages
Section 541.151. Private Action for Damages Authorized
Section 541.152. Damages, Attorney's Fees, and Other Relief
Section 541.153. Frivolous Action
Section 541.154. Prior Notice of Action
Section 541.156. Settlement Offer
Section 541.157. Contents of Settlement Offer
Section 541.158. Rejection of Settlement Offer
Section 541.159. Limit on Recovery After Settlement Offer