(a) Civil penalties, premium refunds, judgments, compensatory judgments, individual recoveries, orders, class action awards, costs, damages, or attorney’s fees assessed or awarded under this chapter:
(1) may be paid only from the capital or surplus funds of the offending insurer; and
(2) may not take precedence over, be in priority to, or in any other manner apply to:
(A) Chapter 462 or 463 or any other insurance guaranty act; or
(B) Chapter 422.
(b) The statutes described by Subsection (a)(2) and the priorities of funds created by those statutes are exempt from the provisions of this chapter.

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Terms Used In Texas Insurance Code 541.454

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.