Texas Insurance Code Title 10, Chapter 2208 - Texas Public Entity Excess Insurance Pool
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 2208.001 - Definitions
In this chapter: (1) "Board" means the board of trustees of the pool. (2) "Fund" means the Texas public entity excess insurance fund. (3) "Insurance"...
SUBCHAPTER B CREATION OF POOL
- Texas Section 2208.002 - Pool Not Engaged In Business Of Insurance
(a) Except as provided by Subsection (b), the pool is not engaged in the business of insurance under this code or other laws of this...
- Texas Section 2208.051 - Creation Of Pool
(a) The Texas Public Entity Excess Insurance Pool is created on the written agreement of the presiding officers of 25 or more public entities in...
SUBCHAPTER C BOARD OF TRUSTEES
- Texas Section 2208.052 - Participation In Pool
A public entity is entitled to coverage from the pool if the entity: (1) submits a complete application; (2) provides other relevant information required by...
- Texas Section 2208.101 - Administration Of Pool; Board Membership
(a) A board of trustees shall administer the pool. (b) The board is composed of the members of the governing board of an association that:...
- Texas Section 2208.102 - Compensation
A board member is not entitled to compensation for the member's service on the board. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017),...
- Texas Section 2208.103 - Officers; Meetings
(a) Each individual who serves as an officer of the governing board of the association described by Section 2208.101(b) serves as an officer of the...
- Texas Section 2208.104 - General Powers And Duties Of Board
(a) In addition to other duties provided by the plan of operation, the board shall: (1) approve contracts other than excess insurance contracts issued to...
SUBCHAPTER D PLAN OF OPERATION
- Texas Section 2208.105 - Immunity Of Board Members From Certain Liabilities
A board member is not liable: (1) with respect to a claim or judgment for which coverage is provided by the pool; or (2) for...
- Texas Section 2208.151 - Time For Creation Of Plan Of Operation
Not later than the 30th day after the date the pool is created, the board shall meet to prepare a detailed plan of operation for...
SUBCHAPTER E OPERATION OF POOL
- Texas Section 2208.152 - Contents Of Plan Of Operation
(a) Subject to the requirements of this chapter, the plan of operation must include: (1) the organizational structure of the pool, the board's method of...
- Texas Section 2208.201 - General Powers And Duties Of Pool
(a) The pool shall: (1) issue insurance coverage to each public entity entitled to coverage under this chapter; (2) collect premiums for coverage issued or...
- Texas Section 2208.202 - Pool Manager
(a) The board shall appoint a pool manager who serves at the pleasure of the board, and the board shall supervise the pool manager's activities....
- Texas Section 2208.203 - General Powers And Duties Of Pool Manager
(a) The pool manager shall manage and conduct the affairs of the pool under the general supervision of the board and shall perform any other...
- Texas Section 2208.204 - Personnel
(a) The pool manager shall employ or contract with persons necessary to assist the board and the pool manager in implementing the powers and duties...
- Texas Section 2208.205 - Performance Bond Authorized
The board may require an employee or a person with whom the pool manager contracts under Section 2208.204 to execute a bond in an amount...
- Texas Section 2208.206 - Immunity Of Employees And Contractors From Certain Liabilities
An employee or a person with whom the pool manager contracts under Section 2208.204 is not liable: (1) with respect to a claim or judgment...
SUBCHAPTER F TEXAS PUBLIC ENTITY EXCESS INSURANCE FUND
- Texas Section 2208.207 - Office; Records
(a) The pool shall maintain the pool's principal office in Austin, Texas. (b) Records, files, and other documents and information relating to the pool must...
- Texas Section 2208.251 - Fund Creation; Management
(a) On creation of the pool, the board shall create the Texas public entity excess insurance fund. (b) The fund is composed of: (1) premiums...
- Texas Section 2208.252 - Uses Of Fund
(a) Administrative expenses of the pool may be paid from the fund. (b) Money in the fund may not be used to pay: (1) punitive...
SUBCHAPTER G POOL COVERAGE
- Texas Section 2208.253 - Depository
(a) The board may select one or more banks to serve as depository for money in the fund. (b) A depository bank must execute a...
- Texas Section 2208.301 - Scope Of Coverage
(a) Except as provided by Subsection (b), under the excess insurance coverage, the pool shall pay any portion of a claim against a public entity...
- Texas Section 2208.302 - Basis Of Coverage
The pool may provide excess insurance coverage on a claims-made basis or an occurrence basis. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017),...
- Texas Section 2208.303 - Punitive Damages Not Covered
Excess insurance coverage provided by the pool may not include coverage for punitive damages. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec....
- Texas Section 2208.304 - Rates And Limits Of Coverage
(a) To ensure that the pool is actuarially sound, the board shall: (1) set the premium rates charged; and (2) determine the maximum limits of...
- Texas Section 2208.305 - Use Of Public Money For Pool Coverage Authorized
A public entity may use the entity's money to pay any contributions or premiums required by the pool to purchase excess insurance coverage from the...
- Texas Section 2208.306 - Coverage Period
A public entity that accepts coverage provided by the pool shall maintain that coverage for at least 35 calendar months following the month in which...
- Texas Section 2208.307 - Nonrenewal Of Coverage
The pool may refuse to renew the insurance coverage of a public entity that fails to comply with the pool's underwriting or risk management guidelines....
- Texas Section 2208.308 - Subsequent Coverage
(a) A public entity that voluntarily discontinues insurance coverage provided by the pool may not subsequently obtain coverage from the pool for at least 36...
- Texas Section 2208.309 - Payment Of Claims And Judgments
(a) If money in the fund would be exhausted by the payment of all final and settled claims and final judgments during a fiscal year,...
Last modified: September 28, 2016