Sec. 2203.151. POWERS RELATING TO MEDICAL LIABILITY INSURANCE COVERAGE. (a) Under this chapter and the plan of operation, the association, on behalf of the association members, may:
(1) issue, or cause to be issued, medical liability insurance policies to applicants, including primary, excess, and incidental coverages, subject to the limits specified in the plan of operation and Section 2203.152;
(2) underwrite medical liability insurance and adjust and pay losses related to that insurance, or appoint servicing insurers to perform those functions;
(3) either or both accept and refuse the assumption of reinsurance from association members; and
(4) cede and purchase reinsurance.
(b) The association may provide general liability insurance coverage to be issued in connection with medical liability insurance issued by the association.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Section: Previous 2203.055 2203.056 2203.101 2203.102 2203.1021 2203.103 2203.104 2203.151 2203.152 2203.153 2203.154 2203.155 2203.156 2203.201 2203.202 NextLast modified: September 28, 2016