Texas § 84.022 PENALTY AMOUNT.

Texas Statutes

§ 84.022 — PENALTY AMOUNT.

Texas § 84.022

Code INInsurance Code

This text of Texas § 84.022 (PENALTY AMOUNT.) 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. § 84.022 (2026).

Text

Sec. 84.022. PENALTY AMOUNT.

(a)The penalty for a violation may not exceed $25,000, unless a greater or lesser penalty is specified by this code or another insurance law of this state.

(b)The amount of the penalty shall be based on:

(1)the seriousness of the violation, including:

(A)the nature, circumstances, extent, and gravity of the violation; and

(B)the hazard or potential hazard created to the health, safety, or economic welfare of the public;

(2)the economic harm to the public interest or public confidence caused by the violation;

(3)the history of previous violations;

(4)the amount necessary to deter a future violation;

(5)efforts to correct the violation;

(6)whether the violation was intentional; and

(7)any other matter that justice may require. SUBCHAPTER C. PROCEDURAL

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Sec. 84.022. PENALTY AMOUNT. (a) The penalty for a violation may not exceed $25,000, unless a greater or lesser penalty is specified by this code or another insurance law of this state.
(b) The amount of the penalty shall be based on:
(1) the seriousness of the violation, including:
(A) the nature, circumstances, extent, and gravity of the violation; and
(B) the hazard or potential hazard created to the health, safety, or economic welfare of the public;
(2) the economic harm to the public interest or public confidence caused by the violation;
(3) the history of previous violations;
(4) the amount necessary to deter a future violation;
(5) efforts to correct the violation;
(6) whether the violation was intentional; and
(7) any other matter that justice may require.
SUBCHAPTER C. PROCEDURAL REQUIREMENTS