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Texas Insurance Code - Chapter 402 Disclosure Of Material TransactionsLegal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Chapter 402 Disclosure Of Material Transactions (a) Except as provided by Subsection (b), this chapter applies to: (1) each of the following domestic or commercially domiciled insurers: (A) a capital stock ... (a) An insurer or health maintenance organization shall file with the department a report, including any necessary exhibit or other attachment, that discloses: (1) the ... An insurer or health maintenance organization is not required to file a report under Section 402.002 if: (1) the acquisition or disposition of assets or ... (a) An insurer or health maintenance organization shall report each material acquisition or disposition and each material nonrenewal, cancellation, or revision of a ceded reinsurance ... (a) A report obtained by or disclosed to the commissioner under this chapter is confidential and is not subject to a subpoena, other than a ... For purposes of this chapter, an acquisition, or the aggregate of a series of related acquisitions during a 30-day period, or a disposition, or the ... (a) An asset acquisition subject to this chapter includes a purchase, lease, exchange, merger, consolidation, succession, or other acquisition of assets, except the construction or ... In a report of a material acquisition or disposition of assets under Section 402.002, an insurer or health maintenance organization shall disclose: (1) the date ... For purposes of this chapter, a nonrenewal, cancellation, or revision of a ceded reinsurance agreement is material if, on an annual basis, a reported in ... Except as provided by Section 402.103, an insurer or health maintenance organization shall file a report of a material nonrenewal, cancellation, or revision of ceded ... An insurer or health maintenance organization is not required to file a report under Section 402.002 if the insurer's or health maintenance organization's ceded written ... In a report of a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement under Section 402. 002, an insurer or health maintenance organization ... Texas Lawyers
Last modified: August 10, 2007 |