Texas Insurance Code 4006.052 – Restitution
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(a) The department may order disability probation for an agent only if the agent makes full restitution during the probation period to all insureds and other persons harmed by the agent’s:
(1) violation of this code or other laws regulating the business of insurance in this state; or
(2) failure to comply with other professional responsibilities.
(b) The department shall require the restitution described by Subsection (a) as a condition of the probation.
Terms Used In Texas Insurance Code 4006.052
- Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.