Texas § 2251.001 PURPOSE.

Texas Statutes

§ 2251.001 — PURPOSE.

Texas § 2251.001

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 2251.001 (2026).

Text

Sec. 2251.001. PURPOSE. The purposes of this subchapter and Subchapters B, C, D, and E are to:

(1)promote the public welfare by regulating insurance rates to prohibit excessive, inadequate, or unfairly discriminatory rates;

(2)promote the availability of insurance;

(3)promote price competition among insurers to provide rates and premiums that are responsive to competitive market conditions;

(4)prohibit price-fixing agreements and other anticompetitive behavior by insurers; and

(5)provide regulatory procedures for the maintenance of appropriate information reporting systems.

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Sec. 2251.001. PURPOSE. The purposes of this subchapter and Subchapters B, C, D, and E are to:
(1) promote the public welfare by regulating insurance rates to prohibit excessive, inadequate, or unfairly discriminatory rates;
(2) promote the availability of insurance;
(3) promote price competition among insurers to provide rates and premiums that are responsive to competitive market conditions;
(4) prohibit price-fixing agreements and other anticompetitive behavior by insurers; and
(5) provide regulatory procedures for the maintenance of appropriate information reporting systems.