Texas § 2053.102 TREATMENT OF PAYMENTS UNDER STATISTICAL PLAN.

Texas Statutes

§ 2053.102 — TREATMENT OF PAYMENTS UNDER STATISTICAL PLAN.

Texas § 2053.102

Code INInsurance Code

This text of Texas § 2053.102 (TREATMENT OF PAYMENTS UNDER STATISTICAL PLAN.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 2053.102 (2026).

Text

Sec. 2053.102. TREATMENT OF PAYMENTS UNDER STATISTICAL PLAN. 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.

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Sec. 2053.102. TREATMENT OF PAYMENTS UNDER STATISTICAL PLAN. 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.