§ 558.001 — DEFINITION.

Texas § 558.001

• Jurisdiction: Texas
• Code IN: Insurance Code

Text

Sec. 558.001. DEFINITION. In this chapter, "insurer" means an insurance company or other entity authorized to engage in the business of insurance in this state. The term includes:
(1) a stock life, health, or accident insurance company;
(2) a mutual life, health, or accident insurance company;
(3) a stock fire or casualty insurance company;
(4) a mutual fire or casualty insurance company;
(5) a Mexican casualty insurance company;
(6) a farm mutual insurance company;
(7) a county mutual insurance company;
(8) a Lloyd's plan;
(9) a reciprocal or insurance exchange;
(10) a fraternal benefit society;
(11) a stipulated premium company;
(12) a nonprofit legal services corporation;
(13) a statewide mutual assessment company;
(14) a local mutual aid association;
(15) a local mutual burial association;
(16) an association exempt under Section 887.102 ;
(17) a nonprofit hospital, medical, or dental service corporation, including a corporation subject to Chapter 842 ;
(18) a risk retention group;
(19) a purchasing group;
(20) an eligible surplus lines insurer; and
(21) a guaranty association operating under Chapter 462 or 463 .

Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2D.015, eff. April 1, 2009.