Texas § 941.002 LLOYD'S PLAN INSURANCE AUTHORIZED; LIFE INSURANCE PROHIBITED.

Texas Statutes

§ 941.002 — LLOYD'S PLAN INSURANCE AUTHORIZED; LIFE INSURANCE PROHIBITED.

Texas § 941.002

Code INInsurance Code

This text of Texas § 941.002 (LLOYD'S PLAN INSURANCE AUTHORIZED; LIFE INSURANCE PROHIBITED.) 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. § 941.002 (2026).

Text

Sec. 941.002. LLOYD'S PLAN INSURANCE AUTHORIZED; LIFE INSURANCE PROHIBITED.

(a)Except as provided by Subsection (b), a Lloyd's plan may write any kind of insurance that may be lawfully written in this state, including:

(1)fire insurance, including tornado, hail, crop, and floater insurance;

(2)automobile insurance, including fire, theft, transportation, property damage, collision liability, and tornado insurance;

(3)liability insurance;

(4)marine insurance;

(5)accident and health insurance;

(6)burglary insurance;

(7)plate glass insurance; and

(8)fidelity and surety bonds insurance.

(b)A Lloyd's plan may not write life insurance.

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Sec. 941.002. LLOYD'S PLAN INSURANCE AUTHORIZED; LIFE INSURANCE PROHIBITED. (a) Except as provided by Subsection (b), a Lloyd's plan may write any kind of insurance that may be lawfully written in this state, including:
(1) fire insurance, including tornado, hail, crop, and floater insurance;
(2) automobile insurance, including fire, theft, transportation, property damage, collision liability, and tornado insurance;
(3) liability insurance;
(4) marine insurance;
(5) accident and health insurance;
(6) burglary insurance;
(7) plate glass insurance; and
(8) fidelity and surety bonds insurance.
(b) A Lloyd's plan may not write life insurance.