Texas § 407A.054 EXCESS INSURANCE REQUIREMENTS.

Texas Statutes

§ 407A.054 — EXCESS INSURANCE REQUIREMENTS.

Texas § 407A.054

Code LALabor Code

This text of Texas § 407A.054 (EXCESS INSURANCE REQUIREMENTS.) 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. Labor Code Code Ann. § 407A.054 (2026).

Text

Sec. 407A.054. EXCESS INSURANCE REQUIREMENTS.

(a)To obtain an initial certificate of approval and to be eligible to renew its certificate of approval, each group must comply with the excess insurance requirements adopted under this section.

(b)Each group shall obtain specific excess insurance for losses that exceed the group's retention in a form prescribed by the commissioner. The commissioner may establish minimum requirements for the amount of specific excess insurance based on differences among groups in size, types of employment, years in existence, and other relevant factors.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 407A.054. EXCESS INSURANCE REQUIREMENTS. (a) To obtain an initial certificate of approval and to be eligible to renew its certificate of approval, each group must comply with the excess insurance requirements adopted under this section.
(b) Each group shall obtain specific excess insurance for losses that exceed the group's retention in a form prescribed by the commissioner. The commissioner may establish minimum requirements for the amount of specific excess insurance based on differences among groups in size, types of employment, years in existence, and other relevant factors.