Texas § 2172.003 GROUP INSURANCE.

Texas Statutes

§ 2172.003 — GROUP INSURANCE.

Texas § 2172.003

Code INInsurance Code

This text of Texas § 2172.003 (GROUP INSURANCE.) 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. § 2172.003 (2026).

Text

Sec. 2172.003. GROUP INSURANCE.

(a)An insurer may provide a personal lines property and casualty insurance policy to a permitted group, on a group basis, provided that:

(1)the issuance of the policy results in economies of scale in administrative, marketing, or brokerage costs;

(2)the benefits provided under the policy are reasonable to the premiums charged; and

(3)the policy does not contain a shared aggregate limit.

(b)An insurance policy that provides group coverage under this chapter may not include a provision under which the payment of a certificate holder's claims is limited by the claims or losses incurred by another certificate holder.

(c)An insurer may not renew an insurance policy that provides group coverage under this chapter to a group that includes fewer than 10 certif

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Sec. 2172.003. GROUP INSURANCE. (a) An insurer may provide a personal lines property and casualty insurance policy to a permitted group, on a group basis, provided that:
(1) the issuance of the policy results in economies of scale in administrative, marketing, or brokerage costs;
(2) the benefits provided under the policy are reasonable to the premiums charged; and
(3) the policy does not contain a shared aggregate limit.
(b) An insurance policy that provides group coverage under this chapter may not include a provision under which the payment of a certificate holder's claims is limited by the claims or losses incurred by another certificate holder.
(c) An insurer may not renew an insurance policy that provides group coverage under this chapter to a group that includes fewer than 10 certificate holders as part of the group at the time of renewal.