Texas Insurance Code 4102.164 – Acceptance of Referral Payments Prohibited
Current as of: 2024 | Check for updates
|
Other versions
(a) A licensed public insurance adjuster may not accept a fee, commission, or other valuable consideration of any nature, regardless of form or amount, in exchange for the referral by a licensed public insurance adjuster of an insured to any third-party individual or firm, including an attorney, appraiser, umpire, construction company, contractor, or salvage company.
(b) The commissioner shall adopt rules necessary to implement and enforce this section.