Texas Insurance Code 553.004 – Examination; Enforcement
Current as of: 2024 | Check for updates
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(a) If the commissioner considers it necessary, the commissioner may initiate an examination of an insurer under Sections 401.051, 401.052, and 401.054-401.062.
(b) If the commissioner believes that an insurer is violating or has violated this chapter, the commissioner may:
(1) impose a sanction under Chapter 82;
(2) issue a cease and desist order under Chapter 83;
(3) assess an administrative penalty under Chapter 84; or
(4) refer the matter to the attorney general for appropriate enforcement.