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State Law
Federal Law
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Texas Insurance Code - Chapter 82 SanctionsLegal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Chapter 82 Sanctions In this chapter, "authorization" means a permit, license, certificate of authority, certificate of registration, or other authorization issued or existing under the commissioner's authority or ... (a) This chapter applies to each company regulated by the commissioner, including: (1) a domestic or foreign, stock or mutual, life, health, or accident insurance ... The commissioner's authority under this chapter is in addition to any other authority to enforce a sanction, penalty, fine, forfeiture, denial, suspension, or revocation otherwise ... After notice and opportunity for a hearing, the commissioner may cancel or revoke an authorization if the holder of the authorization is found to be ... In addition to the cancellation or revocation of an authorization under Section 82.051, the commissioner may: (1) suspend the authorization for a specified time not ... (a) The commissioner may direct the holder of an authorization to make complete restitution to each Texas resident, each Texas insured, and each entity operating ... If it is found after hearing that a holder of an authorization has failed to comply with an order issued under Section 82.052, the commissioner ... (a) The commissioner may informally dispose of a matter under this subchapter by consent order, agreed settlement, stipulation, or default. (b) An informal disposition may ... The commissioner shall give notice of an action taken under this subchapter to the insurance commissioner or other similar officer of each state. Added by ... Last modified: August 10, 2007 |