Sec. 941.002.  LLOYD'S PLAN INSURANCE AUTHORIZED;  LIFE INSURANCE PROHIBITED.  (a)  Except as provided by Subsection (b), a Lloyd's plan may write any kind of insurance that may be lawfully written in this state, including:
(1)  fire insurance, including tornado, hail, crop, and floater insurance;
(2)  automobile insurance, including fire, theft, transportation, property damage, collision liability, and tornado insurance;
(3)  liability insurance;
(4)  marine insurance;
(5)  accident and health insurance;
(6)  burglary insurance;
(7)  plate glass insurance;  and
(8)  fidelity and surety bonds insurance.
(b)  A Lloyd's plan may not write life insurance.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle G - Lloyd's Plan and Reciprocal and Interinsurance Exchanges
Subchapter A. General Provisions
Section 941.002. Lloyd's Plan Insurance Authorized; Life Insurance Prohibited
Section 941.003. Limited Exemption From Insurance Laws; Application of Certain Laws