Texas Insurance Code Title 13, Chapter 4055 - Specialty Agents
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 4055.001 - Definition
In this chapter, "specialty license holder" means a person who holds a license issued under this chapter. Added by Acts 2003, 78th Leg., ch. 1274,...
- Texas Section 4055.002 - Applicability Of Chapter To Certain Agents
(a) A person who holds a general property and casualty license issued under Chapter 4051 or a general life, accident, and health license issued under...
- Texas Section 4055.003 - Rules
The commissioner may adopt rules necessary to implement this chapter and to meet the minimum requirements of federal law, including regulations. Added by Acts 2003,...
- Texas Section 4055.004 - Application
To obtain a specialty license an applicant must: (1) submit to the commissioner: (A) a written application: (i) signed by the applicant; (ii) on a...
- Texas Section 4055.005 - License Issuance
The commissioner may issue a specialty license to an applicant who complies with Section 4055.004 and the other requirements of this chapter. Added by Acts...
- Texas Section 4055.006 - Examination And Continuing Education Not Required
(a) An examination is not required for issuance of a specialty license. (b) A person is not required to comply with continuing education requirements to...
- Texas Section 4055.007 - Appointment As Agent By Insurer
An insurer that appoints an agent under this chapter shall: (1) submit a certification of the appointment signed by an officer of the insurer; and...
- Texas Section 4055.008 - General Powers And Duties
(a) A specialty license holder may act as an agent for the kinds of insurance that are subject to this chapter for any insurer authorized...
- Texas Section 4055.009 - Certain Representations Prohibited
A specialty license holder may not advertise, represent, or otherwise hold out the license holder or an employee of the license holder as an agent...
- Texas Section 4055.010 - Treatment Of Certain Premiums
Notwithstanding any other provision of this title or any rule adopted by the commissioner, a specialty license holder is not required to treat as money...
- Texas Section 4055.011 - Authority Of Employee Of Specialty License Holder
An employee of a specialty license holder may act as an agent with respect to the kinds of insurance the license holder is authorized to...
- Texas Section 4055.012 - Training Required To Act On Behalf Of Specialty License Holder
(a) A specialty license holder may not allow an individual to act on the license holder's behalf with respect to a kind of insurance that...
- Texas Section 4055.013 - Assignment And Transfer Of Compensation By Certain Agents
A person who is licensed as a general life, accident, and health agent, life insurance agent, general property and casualty agent, or personal lines property...
- Texas Section 4055.014 - Disclosures Required Before Issuance Of Insurance
Except as provided by Section 4055.105, insurance coverage may not be issued under this chapter unless: (1) at each location at which sales of the...
SUBCHAPTER B RENTAL CAR COMPANY LICENSE
- Texas Section 4055.015 - Violation By Specialty License Holder; Penalties
If a specialty license holder violates this title, the commissioner may: (1) impose any disciplinary action authorized by Subchapter C, Chapter 4005; or (2) after...
- Texas Section 4055.051 - Definitions
In this subchapter: (1) "Rental agreement" means a written agreement that states the terms and conditions governing the use of a vehicle or vehicle equipment...
- Texas Section 4055.052 - Issuance Of License
Notwithstanding any other provision of this chapter or this code, the commissioner shall issue a specialty license to a rental car company, or to the...
SUBCHAPTER C CREDIT INSURANCE LICENSE
- Texas Section 4055.053 - Authority Of Rental Car Company Or Franchisee
(a) A rental car company or franchisee licensed under this chapter may act as an agent for an authorized insurer only: (1) in connection with...
- Texas Section 4055.101 - General Definitions
In this subchapter: (1) "Credit insurance" includes: (A) credit life insurance; (B) credit accident and health insurance; (C) credit property insurance; (D) credit involuntary unemployment...
- Texas Section 4055.102 - Definition Of Credit Property Insurance
(a) In this subchapter, "credit property insurance" means insurance that covers personal property: (1) used as security for a personal or consumer loan; or (2)...
- Texas Section 4055.103 - Issuance Of License
Notwithstanding any other provision of this chapter or this code, the commissioner may issue a specialty license to a retail distributor of goods, an automobile...
- Texas Section 4055.104 - Authority Of Credit Insurance Agent
A credit insurance agent appointed by an insurer authorized to engage in the business of insurance under this code may act as the agent for...
SUBCHAPTER D TRAVEL INSURANCE
- Texas Section 4055.105 - Exemption From Certain Disclosure Requirements
A specialty license holder and the license holder's representative are not required to make the disclosures required by Section 4055.014 as that section relates to...
- Texas Section 4055.151 - Definitions
In this subchapter: (1) "Planned trip" means any journey or travel arranged through the services of a travel agency. (1-b) "Supervising entity" means a travel...
- Texas Section 4055.1515 - Travel Insurance Supervising Entity
An insurer authorized to engage in the business of travel insurance in this state may designate a travel insurance supervising entity for purposes of this...
- Texas Section 4055.152 - Specialty License; License Not Required For Travel Retailer
(a) The commissioner may issue to an applicant under this chapter a specialty license that authorizes the license holder to sell, solicit, or negotiate travel...
- Texas Section 4055.153 - Authority Of Travel Retailer
(a) A travel retailer may offer and disseminate travel insurance as a service to the retailer's customers on behalf of and under the license and...
- Texas Section 4055.154 - Travel Insurance Generally
(a) A travel retailer, or the supervising entity, shall provide to a traveler seeking to purchase travel insurance: (1) a description of the material terms...
- Texas Section 4055.155 - Duties Of Insurers And Supervising Entities
(a) An insurer must notify the department in the manner prescribed by the commissioner by rule of the designation of a supervising entity described by...
- Texas Section 4055.156 - Duties Of Travel Retailers
(a) A travel retailer offering and disseminating travel insurance under this subchapter shall register with an insurer in a registry established under Section 4055.155. (b)...
SUBCHAPTER E SELF-SERVICE STORAGE FACILITY LICENSE
- Texas Section 4055.157 - Enforcement
A supervising entity and a travel retailer registered with the supervising entity are subject to Chapters 82 and 83 and Subtitle C, Title 5. Added...
- Texas Section 4055.201 - Definitions
In this subchapter: (1) "Rental agreement" means a written agreement that states the terms governing the use of storage space provided by a self-service storage...
- Texas Section 4055.202 - Issuance Of License
Notwithstanding any other provision of this chapter or this code, the commissioner may issue a specialty license to a self-service storage facility or to the...
SUBCHAPTER F PORTABLE ELECTRONIC VENDOR LICENSE
- Texas Section 4055.203 - Authority Of Self-service Storage Facility Or Franchisee
A self-service storage facility or franchisee licensed under this chapter may act as an agent for any authorized insurer only: (1) in connection with the...
- Texas Section 4055.251 - Definitions
In this subchapter: (1) "Customer" means a person who purchases a portable electronic device or a related service. (2) "Portable electronic devices" means personal, self-contained,...
- Texas Section 4055.252 - Issuance Of License; License Fee
(a) Notwithstanding any other provision of this chapter or this code, the commissioner may issue a specialty license to a vendor who complies with this...
- Texas Section 4055.253 - Authority Of Vendor Of Portable Electronic Devices
(a) A vendor licensed under this subchapter and the vendor's employee and authorized representative may act as an agent for an authorized insurer in connection...
- Texas Section 4055.254 - Insurance Policy; Requirements
(a) Insurance provided under this subchapter may be issued to a licensed vendor under a master or group policy of personal or commercial inland marine...
- Texas Section 4055.255 - Required Training
(a) Notwithstanding Section 4055.012, an agent who holds a license issued under Chapter 4051 or a substantially equivalent license issued under this code and who...
- Texas Section 4055.256 - Required Disclosures
(a) A licensed vendor must separately itemize on a customer's bill any charge to the customer for insurance coverage provided under this subchapter that is...
Last modified: September 28, 2016