Tex. Ins. Code § 1901.051 · Subchapter B. RATE STANDARDS
CONSIDERATIONS IN SETTING RATES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In setting rates, an insurer shall consider:
(1) past and prospective loss and expense experience for all professional liability insurance for physicians and health care providers written in this state, subject to Subsection (b);
(2) a reasonable margin for underwriting profit and contingencies;
(3) investment income; and
(4) dividends or savings allowed or returned by the insurer to the insurer's policyholders or members.
(b) If the department finds that the group or risk to be insured is not of sufficient size to be credible, an insurer must also consider in setting rates past and prospective loss and expense experience for all professional liability insurance for physicians and health care providers written outside this state.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1901.htm
- Text hash
- sha256 edd5e99a0680d17aead4ce7cce03d8c35517e1fa00d9b5b4400155590e3d26ee
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 1901.051. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.