Texas Insurance Code § 887.360 Cost Of Defending Contested Claims

Sec. 887.360. COST OF DEFENDING CONTESTED CLAIMS. An association authorized to write accident, health, or hospitalization insurance may pay the reasonable costs of defending a contested claim on an accident, health, or hospitalization insurance certificate from the mortuary fund of the association if:

(1) the expenditure is approved by the commissioner; and

(2) the association has the reserves required by Subchapter I.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.


Section: Previous  887.353  887.354  887.355  887.356  887.357  887.358  887.359  887.360  887.401  887.402  887.403  887.404  887.405  887.406  887.407  Next

Last modified: September 28, 2016