Texas Insurance Code 4153.001 – Definition
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Terms Used In Texas Insurance Code 4153.001
- 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
- Property: means real and personal property. See Texas Government Code 311.005
In this chapter, “risk manager” means a person who:
(1) represents to the public that the person is a risk manager; and
(2) for compensation examines or evaluates risks for and provides advice regarding reduction of risks to a person seeking to obtain or renew property and casualty insurance coverage in this state.