Texas Insurance Code Title 10, Chapter 1805 - Joint Underwriting And Advisory Organizations
SUBCHAPTER A GENERAL PROVISIONS
SUBCHAPTER B ADVISORY ORGANIZATIONS
- Texas Section 1805.001 - Applicability Of Chapter
This chapter applies to the kinds of insurance and insurers subject to: (1) Section 403.002; (2) Section 941.003 with respect to the application of a...
- Texas Section 1805.051 - License Application
(a) A corporation, unincorporated association, partnership, or individual may file with the commissioner an application for an advisory organization license for the kinds of insurance...
- Texas Section 1805.052 - Issuance Of License; Term
(a) The commissioner shall issue a license to an applicant the commissioner determines is qualified, without regard to: (1) the state of domicile or residence...
- Texas Section 1805.053 - Information Reported By Advisory Organization
(a) An advisory organization may file with the commissioner prospective loss costs, supplementary rating information, and policy forms. A filing made by an advisory organization...
- Texas Section 1805.054 - Insurer's Authority To Subscribe To Advisory Organization
An insurer engaging in business in this state may subscribe to an advisory organization. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec....
- Texas Section 1805.055 - Submission, Receipt, And Use Of Information By Insurer
(a) Except as provided by Subsection (b), an insurer may submit to or receive from an advisory organization the following only if the advisory organization...
- Texas Section 1805.056 - Audit
(a) The department shall require an annual audit of an advisory organization that provides statistics or other information to the department in a proceeding to...
- Texas Section 1805.057 - Rate Filing Review
The commissioner may: (1) review the rate filing of an insurer that relies on the prospective loss costs provided by an advisory organization; and (2)...
- Texas Section 1805.058 - Prohibited Acts
(a) An advisory organization may not compile or distribute recommendations for: (1) rates; or (2) profit or expenses other than loss adjustment expenses. (b) An...
- Texas Section 1805.059 - Disciplinary Action
(a) If, after a hearing, the commissioner determines that the furnishing of specified services by an advisory organization involves an act or practice that is...
- Texas Section 1805.060 - Sunset Review
During the period in which the Sunset Advisory Commission performs its review of the department under Chapter 325, Government Code, the commission shall review the...
SUBCHAPTER C EXAMINATIONS
- Texas Section 1805.061 - Conflict With Other Law
To the extent this subchapter conflicts with Section 2053.052(c), 2053.055, 2053.151, 2053.152, or 2053.153, or Subchapter A or C, Chapter 2053, with respect to the...
- Texas Section 1805.101 - Examination Authorized
(a) As often as the department determines expedient, the department may examine a group, association, or other organization referred to in this chapter, including an...
- Texas Section 1805.102 - Examination Costs
The group, association, or other organization shall pay the reasonable costs of an examination under this subchapter on presentation of a detailed account of the...
SUBCHAPTER D CERTAIN PRACTICES IN JOINT UNDERWRITING OR JOINT REINSURANCE
- Texas Section 1805.103 - Out-of-state Examination
In lieu of an examination under this subchapter, the department may accept the report of an examination made by the insurance supervisory official of another...
- Texas Section 1805.151 - Authority Of Commissioner
If, after a hearing, the commissioner determines that an activity or practice of a group, association, or other organization of insurers engaging in joint underwriting...
Last modified: September 28, 2016