Texas § 407.062 FINANCIAL STRENGTH AND LIQUIDITY REQUIREMENTS.

Texas Statutes

§ 407.062 — FINANCIAL STRENGTH AND LIQUIDITY REQUIREMENTS.

Texas § 407.062

Code LALabor Code

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Bluebook

Tex. Labor Code Code Ann. § 407.062 (2026).

Text

Sec. 407.062. FINANCIAL STRENGTH AND LIQUIDITY REQUIREMENTS. In assessing the financial strength and liquidity of an applicant, the commissioner shall consider:

(1)the applicant's organizational structure and management background;

(2)the applicant's profit and loss history;

(3)the applicant's compensation loss history;

(4)the source and reliability of the financial information submitted by the applicant;

(5)the number of employees affected by self-insurance;

(6)the applicant's access to excess insurance markets;

(7)financial ratios, indexes, or other financial measures that the commissioner finds appropriate; and

(8)any other information considered appropriate by the commissioner.

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Sec. 407.062. FINANCIAL STRENGTH AND LIQUIDITY REQUIREMENTS. In assessing the financial strength and liquidity of an applicant, the commissioner shall consider:
(1) the applicant's organizational structure and management background;
(2) the applicant's profit and loss history;
(3) the applicant's compensation loss history;
(4) the source and reliability of the financial information submitted by the applicant;
(5) the number of employees affected by self-insurance;
(6) the applicant's access to excess insurance markets;
(7) financial ratios, indexes, or other financial measures that the commissioner finds appropriate; and
(8) any other information considered appropriate by the commissioner.