Tex. Ins. Code § 493.002 · Subchapter A. GENERAL PROVISIONS
APPLICABILITY OF CHAPTER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (a-1), this chapter applies to all insurers, including:
(1) a stock or mutual property and casualty insurance company;
(2) a Mexican casualty insurance company;
(3) a Lloyd's plan;
(4) a reciprocal or interinsurance exchange;
(5) a nonprofit legal service corporation;
(6) a county mutual insurance company;
(7) a farm mutual insurance company;
(8) a risk retention group;
(9) any insurer writing a line of insurance regulated by Title 10;
(10) all life, health, and accident insurance companies regulated by the department, including:
(A) a stock or mutual life, health, or accident insurance company;
(B) a fraternal benefit society; and
(C) a nonprofit hospital, medical, or dental service corporation, including a group hospital service corporation operating under Chapter 842; and
(11) a health maintenance organization operating under Chapter 843.
(a-1) A county mutual insurance company operating under Section 912.056(d) that does not directly or indirectly write or assume insurance in any manner in another state may not be allowed credit under Section 493.1033 for reinsurance ceded to a reinsurer qualifying under Sections 493.1033 and 493.1034 and is not subject to Section 493.1039. This subsection does not prohibit a county mutual insurance company described by this subsection from ceding reinsurance to reinsurers qualifying under Sections 493.1033 and 493.1034 under other provisions of this chapter.
(b) Repealed by Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.12(2), eff. September 1, 2017.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.02, eff. September 1, 2017.
Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.12(2), eff. September 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.493.htm
- Text hash
- sha256 5a5a4902ba31e3ccf85c386d2a7cb002cc72b0fa7c6ba7efc4942647dac8b80d
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code § 493.1033CREDIT ALLOWED FOR CERTAIN CERTIFIED REINSURERS.Printed as Section 493.1033 | Sections 493.1033 and 493.1034
- Tex. Ins. Code § 493.1034CERTAIN ASSOCIATIONS MAY BE CERTIFIED REINSURERS.Printed as Sections 493.1033 and 493.1034
- Tex. Ins. Code § 493.1039CONCENTRATION RISK.Printed as Section 493.1039
- Tex. Ins. Code ch. 842GROUP HOSPITAL SERVICE CORPORATIONSPrinted as Chapter 842
- Tex. Ins. Code § 912.056CREATION OF LOCAL CHAPTERS AND DISTRICTS.Printed as Section 912.056(d)
- Tex. Ins. Code tit. 10PROPERTY AND CASUALTY INSURANCEPrinted as Title 10
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.