Texas Insurance Code Title 6, Chapter 962 - Job Protection Insurance

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 962.001 - General Definitions
  In this chapter: (1) "Insured" means an individual whose indemnification against income loss is provided because of the individual's membership in a company or association...
• Texas Section 962.002 - Job Protection Insurance Defined
  (a) In this chapter, "job protection insurance" means insurance providing indemnity that is: (1) paid for loss of position arising from discharge or suspension; (2)...
• Texas Section 962.003 - Compliance With Chapter Required
  An insurer must comply with this chapter to write the insurance coverages authorized by Section 962.101. Added by Acts 2005, 79th Leg., Ch. 727 (H.B....
• Texas Section 962.004 - Applicability Of Other Law
  An insurer operating under this chapter is subject to the following provisions, if not in conflict with this chapter: (1) the other chapters of this...

SUBCHAPTER B AUTHORITY TO ENGAGE IN BUSINESS

• Texas Section 962.005 - Agents
  Title 13 applies to the licensing and regulation of an agent authorized to solicit job protection insurance for an insurer operating under this chapter. Added...
• Texas Section 962.051 - Qualifications For Certificate Of Authority
  An insurer may not be issued a certificate of authority to operate under this chapter unless: (1) it or a predecessor was writing the insurance...
• Texas Section 962.052 - Issuance Of Certificate Of Authority
  (a) The commissioner shall issue a certificate of authority to a domestic or foreign insurer that applies for a certificate if: (1) the applicant has:...
• Texas Section 962.053 - Compliance With State Law Required
  A certificate of authority issued under this chapter continues in effect on the condition that the insurer continue to comply with the laws of this...
• Texas Section 962.054 - Insurers Not Meeting Certain Requirements
  To write the insurance coverages authorized by Section 962.101, a domestic or foreign insurer that does not meet the requirements of Sections 962.051 and 962.052...

SUBCHAPTER C COVERAGE

• Texas Section 962.055 - Capital And Surplus Requirements
  A domestic or foreign insurer operating under this chapter shall maintain the minimum capital and surplus required by Sections 822.054, 822.210, and 822.211. Added by...
• Texas Section 962.101 - Authorized Coverages
  A domestic or foreign insurer operating under this chapter may write: (1) job protection insurance; and (2) insurance that: (A) insures an individual described by...
• Texas Section 962.102 - Other Coverages Prohibited
  A domestic or foreign insurer operating under this chapter may not write coverage that is not authorized by Section 962.101. Added by Acts 2005, 79th...

SUBCHAPTER O ENFORCEMENT PROVISIONS

• Texas Section 962.103 - Applicability Of Guaranty Fund Law
  A guaranty fund established under this code does not provide coverage for insurance written under this chapter except as specifically provided by a law governing...
• Texas Section 962.701 - Prohibited Acts; Offense
  (a) A person may not: (1) provide coverage described by Section 962.101 unless the person holds a certificate of authority to provide that coverage; or...
• Texas Section 962.702 - Refusal To Issue Or Renew Certificate Of Authority Or License; Suspension Or Revocation
  If, after notice and hearing, the commissioner finds that the applicant, certificate holder, or license holder has violated this chapter or another provision of this...

Last modified: September 28, 2016