Texas Insurance Code 4005.102 – Remedies for Violation of Insurance Laws or Commissioner Rules
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 4005.102
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
- Rule: includes regulation. See Texas Government Code 311.005
In addition to any other remedy available under Chapter 82, for a violation of this code, another insurance law of this state, or a rule of the commissioner, the department may:
(1) deny an application for:
(A) an original license; or
(B) a certificate issued under Chapter 4008;
(2) suspend, revoke, or deny renewal of:
(A) a license; or
(B) a certificate issued under Chapter 4008;
(3) place on probation a person whose license has been suspended;
(4) assess an administrative penalty;
(5) reprimand a license holder; or
(6) require a license holder to qualify, or re-qualify if the agent has already qualified, for a certificate to sell a product or product line designated by rule under Chapter 4008.