Sec. 542.010. CEASE AND DESIST ORDER; ENFORCEMENT. (a) If the department determines that an insurer has violated this subchapter, the department shall issue a cease and desist order to the insurer directing the insurer to stop the unlawful practice.
(b) If the insurer fails to comply with the cease and desist order, the department may:
(1) revoke or suspend the insurer's certificate of authority; or
(2) limit, regulate, and control:
(A) the insurer's line of business;
(B) the insurer's writing of policy forms or other particular forms; and
(C) the volume of the insurer's:
(i) line of business; or
(ii) writing of policy forms or other particular forms.
(c) The department shall exercise authority under this section to the extent that the department determines is necessary to obtain the insurer's compliance with the cease and desist order.
(d) At the request of the department, the attorney general shall assist the department in enforcing the cease and desist order.
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 542 - Processing and Settlement of Claims
Subchapter A. Unfair Claim Settlement Practices
Section 542.002. Applicability of Subchapter
Section 542.003. Unfair Claim Settlement Practices Prohibited
Section 542.004. Examination of Tax Returns Prohibited
Section 542.005. Record of Complaints
Section 542.006. Periodic Reporting Requirement
Section 542.007. Comparison of Certain Insurers to Minimum Standard of Performance; Investigation
Section 542.008. Complaints Against Insurers; Investigation
Section 542.009. Review of Investigation Results; Hearing
Section 542.010. Cease and Desist Order; Enforcement
Section 542.011. Time Limit to Appeal