Texas Statutes
§ 542.007 — COMPARISON OF CERTAIN INSURERS TO MINIMUM STANDARD OF PERFORMANCE; INVESTIGATION.
Texas·Code IN Insurance Code
Sec. 542.007. COMPARISON OF CERTAIN INSURERS TO MINIMUM STANDARD OF PERFORMANCE; INVESTIGATION.
(a)The department shall compile the information received from an insurer under Section 542.006 in a manner that enables the department to compare the insurer's performance to a minimum standard of performance adopted by the commissioner.
(b)If the department determines that the insurer does not meet the minimum standard of performance, the department shall investigate the insurer to determine the reason, if any, that the insurer does not meet the minimum standard.
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Texas § 542.007 (COMPARISON OF CERTAIN INSURERS TO MINIMUM STANDARD OF PERFORMANCE; INVESTIGATION.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Nearby Sections
15
§ 542.001
SHORT TITLE.§ 542.002
APPLICABILITY OF SUBCHAPTER.§ 542.005
RECORD OF COMPLAINTS.§ 542.006
PERIODIC REPORTING REQUIREMENT.§ 542.010
CEASE AND DESIST ORDER; ENFORCEMENT.§ 542.011
TIME LIMIT TO APPEAL.§ 542.012
ATTORNEY'S FEES.§ 542.013
PERSONNEL.§ 542.014
RULES.§ 542.051
DEFINITIONS.