Sec. 827.001. DEFINITIONS. In this chapter:
(1) "Insurer" means an insurance company or other legal entity authorized to engage in the business of insurance in this state, including a reciprocal or interinsurance exchange, a Lloyd's plan, and a county mutual insurance company. The term includes an affiliate. The term does not include a farm mutual insurance company or an eligible surplus lines insurer regulated under Chapter 981.
(2) "Rating territory" means a rating territory established by the department.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 206, Sec. 10.01(a), eff. June 11, 2003.
Section: 827.001 827.002 827.003 827.004 827.005 827.006 827.007 827.008 827.009 827.010 NextLast modified: September 28, 2016