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Texas Insurance Code - Section 38.151. Definitions

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§ 38.151. DEFINITIONS. In this subchapter: (1) "Insurer" means: (A) an insurance company or other entity that is admitted to do business and authorized to write liability insurance in this state, including: (i) a county mutual insurance company; (ii) a Lloyd's plan insurer; and (iii) a reciprocal or interinsurance exchange; and (B) a pool, joint underwriting association, or self-insurance mechanism or trust authorized by law to insure its participants, subscribers, or members against liability. (2) "Liability insurance" means: (A) general liability insurance; (B) medical professional liability insurance; (C) professional liability insurance other than medical professional liability insurance; (D) commercial automobile liability insurance; (E) the liability portion of commercial multiperil insurance coverage; and (F) any other type or line of liability insurance designated by the commissioner under Section 38.163. Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.

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Last modified: August 11, 2007