Tex. Ins. Code § 2703.152 · Subchapter D. FIXING AND PROMULGATING PREMIUM RATES
FACTORS CONSIDERED IN FIXING PREMIUM RATES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In fixing premium rates, the commissioner shall consider all relevant income and expenses of title insurance companies and title insurance agents attributable to engaging in the business of title insurance in this state.
(b) The premium rates fixed by the commissioner must be:
(1) reasonable as to the public; and
(2) nonconfiscatory as to title insurance companies and title insurance agents.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2703.htm
- Text hash
- sha256 8920f8507d87091269e1bfe524b4161f17a55e03ea26481290d6050a6d48e4cd
- 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
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.