Texas Insurance Code 544.603 – Exceptions
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 544.603
- 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
A person does not violate § 544.602 if the refusal, limitation, or charge is:
(1) based on sound underwriting or actuarial principles reasonably related to actual or anticipated loss experience; or
(2) required or authorized by law or a regulatory mandate.