Texas § 2054.351 INSURER OF LAST RESORT.

Texas Statutes

§ 2054.351 — INSURER OF LAST RESORT.

Texas § 2054.351

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 2054.351 (2026).

Text

Sec. 2054.351. INSURER OF LAST RESORT.

(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.

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Sec. 2054.351. INSURER OF LAST RESORT. (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.