Texas Insurance Code 542.007 – Comparison of Certain Insurers to Minimum Standard of Performance; Investigation
Current as of: 2024 | Check for updates
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(a) The department shall compile the information received from an insurer under § 542.006 in a manner that enables the department to compare the insurer’s performance to a minimum standard of performance adopted by the commissioner.
(b) If the department determines that the insurer does not meet the minimum standard of performance, the department shall investigate the insurer to determine the reason, if any, that the insurer does not meet the minimum standard.