Tex. Ins. Code § 2053.102 · Subchapter C. STATISTICAL PLANS; AGENT
TREATMENT OF PAYMENTS UNDER STATISTICAL PLAN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A statistical plan developed under Section 2053.101 must require the following payments to be reported separately and not to be considered as a loss or expense for purposes of computing a premium rate modifier or surcharge of an insured:
(1) a direct payment made by an insurance company to influence public policy; and
(2) any amount paid by an insurance company:
(A) as damages in an action against the insurance company for malice or bad faith; or
(B) as a fine or penalty.
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.2053.htm
- Text hash
- sha256 b01137c1b725c59dc88dd3cdcb370f63e7f6deabe40d2a115c6f47c02457e9fe
- 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
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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.