Tex. Ins. Code § 2054.351 · Subchapter H. COMPANY AS INSURER OF LAST RESORT
INSURER OF LAST RESORT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Section 2054.304 and this subchapter, the company may not refuse to insure a risk that tenders:
(1) the necessary premium; and
(2) any applicable accident prevention service fee.
(b) If an applicant would be rejected for workers' compensation insurance under the company's underwriting standards, the company may not reject the risk, but shall insure the risk at a higher premium as provided by the company's requirements. The company may require the risk to meet other conditions considered necessary to protect the company's interests.
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.2054.htm
- Text hash
- sha256 530c2595bd3d73fe4750f6e131b6609ce8566750b978e34bca135c1378b210a2
- 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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