Texas Insurance Code, department powers and company authorisation

What this document is

Texas Insurance Code, department powers and company authorisation: chs. 31, 32, 82, 83, 84, 101, 201, 401, 404, 481, 491 and 801, each complete (Secs. 31.001-31.045, 32.001-32.153, 82.001-82.056, 83.001-83.153, 84.001-84.051, 101.001-101.356, 201.001-201.055, 401.001-401.255, 404.001-404.053, 481.001-481.009, 491.001-491.052, 801.001-801.155) is a state statute published by Texas Legislative Council (statutes.capitol.texas.gov; document host tcss.legis.texas.gov). It is one of the Texas documents that insurance license exam questions are written from, including texas property & casualty, texas personal lines, texas claims adjuster practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Tex. Ins. Code § 83.051(b) (Authority of Commissioner to Issue Order)

  “(b) An order is final on the 61st day after the date it is served, unless the affected person requests a hearing under Section 83.053.”

• Tex. Ins. Code § 101.054 (Exception; Full-Time Salaried Employee)

  “Sec. 101.054. EXCEPTION; FULL-TIME SALARIED EMPLOYEE. Section 101.051(b)(6) does not prohibit a full-time salaried employee of a corporate insured from acting as an insurance manager or buyer in placing insurance on behalf of: (1) the employee's employer; or (2) a parent or affiliated company of the employer.”

• Tex. Ins. Code § 401.054 (Powers Related to Examination)

  “Sec. 401.054. POWERS RELATED TO EXAMINATION. The department or the examiner appointed by the department: (1) has free access, and may require the carrier or the carrier's agent to provide free access, to all books and papers of the carrier or the carrier's agent that relate to the carrier's...”

• Tex. Ins. Code § 31.021(b) (Chief Executive)

  “(b) The commissioner has the powers and duties vested in the department by: (1) this code and other insurance laws of this state; and (2) Title 5, Labor Code, and other workers' compensation insurance laws of this state.”

• Tex. Ins. Code § 84.021 (Imposition of Penalty)

  “Sec. 84.021. IMPOSITION OF PENALTY. The commissioner may impose an administrative penalty on a person licensed or regulated under this code or another insurance law of this state, including an unauthorized person as defined by Section 83.001, who violates: (1) this code; (2) another insurance law...”

• Tex. Ins. Code §§ 801.052, 801.053 (Effect and Contents of Certificate; Duration of Certificate)

  “Sec. 801.052. EFFECT AND CONTENTS OF CERTIFICATE. A certificate of authority issued to an insurer under this chapter authorizes the insurer to engage in the business of insurance. The certificate of authority must state the specific kinds of insurance authorized under the certificate. Sec. 801.053....”

• Tex. Ins. Code § 101.201(a) (Validity of Insurance Contracts)

  “Sec. 101.201. VALIDITY OF INSURANCE CONTRACTS. (a) An insurance contract, agreement, or arrangement prohibited by Section 101.102, purported to be effective in this state and entered into by an unauthorized insurer or person, is unenforceable by the unauthorized insurer or person. A person who in...”

• Tex. Ins. Code § 84.022(a) (Penalty Amount)

  “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.”

• Tex. Ins. Code § 101.051(b) (Conduct That Constitutes the Business of Insurance)

  “(b) The following acts in this state constitute the business of insurance in this state: (1) making or proposing to make, as an insurer, an insurance contract; (2) making or proposing to make, as guarantor or surety, a guaranty or suretyship contract as a vocation and not merely incidental to...”

• Tex. Ins. Code §§ 82.051, 82.052 (Cancellation or Revocation of Authorization; Other Sanctions)

  “Sec. 82.051. CANCELLATION OR REVOCATION OF AUTHORIZATION. After notice and opportunity for a hearing, the commissioner may cancel or revoke an authorization if the holder of the authorization is found to be in violation of, or to have failed to comply with, this code or a rule of the commissioner....”

• Tex. Ins. Code § 83.055 (Effect of Order Pending Hearing)

  “Sec. 83.055. EFFECT OF ORDER PENDING HEARING. Pending a hearing under this subchapter, an order continues in effect unless the order is stayed by the commissioner.”

• Tex. Ins. Code § 82.054 (Cancellation on Failure to Comply)

  “Sec. 82.054. CANCELLATION ON FAILURE TO COMPLY. If it is found after hearing that a holder of an authorization has failed to comply with an order issued under Section 82.052, the commissioner shall cancel each authorization held by the holder.”

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More Texas sources

• Texas Government Code ch. 2001 -- Administrative Procedure Act, complete (Secs. 2001.001-2001.903)State statute
• Texas Government Code Chapter 2253, Public Work Performance and Payment Bonds, complete: Subchapters A-D, Secs. 2253.001-2253.079State statute
• Tex. Ins. Code ch. 541: Unfair methods of competition and unfair or deceptive acts or practicesState statute
• Tex. Ins. Code ch. 1101: Life insurance required and prohibited policy provisionsState statute
• Tex. Ins. Code ch. 4001: Agent licensing in generalState statute
• Tex. Ins. Code ch. 4005: Conduct, disciplinary actions, and sanctionsState statute
• Tex. Ins. Code ch. 1201: Accident and health insurance policy provisionsState statute
• Texas Insurance Code Chapter 151, Consolidated Insurance Programs, complete: Subchapters A-D, Secs. 151.001-151.151State statute