Texas Insurance Code 542.004 – Examination of Tax Returns Prohibited
Current as of: 2024 | Check for updates
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(a) An insurer regulated under this code may not require a claimant, as a condition of settling a claim, to produce the claimant’s federal income tax returns for examination or investigation by the insurer unless:
(1) the claimant is ordered to produce the tax returns by a court; or
(2) the claim involves:
(A) a fire loss; or
(B) a loss of profits or income.
(b) An insurer that violates this section commits:
(1) a prohibited practice under this subchapter; and
(2) a deceptive trade practice under Subchapter E, Chapter 17, Business & Commerce Code.
(c) A claimant affected by a violation of this section is entitled to remedies under Subchapter E, Chapter 17, Business & Commerce Code.