Texas Insurance Code Title 6, Chapter 984 - Mexican Casualty Insurance Companies

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 984.001 - Authority Of Mexican Casualty Insurance Companies
  (a) An insurance company that complies with this chapter may issue an insurance policy described by Subsection (b) as a Mexican casualty insurance company if...

SUBCHAPTER B AUTHORITY TO ENGAGE IN BUSINESS IN THIS STATE

• Texas Section 984.002 - Authorized Agent Required
  A Mexican casualty insurance company may engage in the business of insurance in this state only through an agent licensed by the department under Subchapters...
• Texas Section 984.051 - Certificate Of Authority Required
  A Mexican casualty insurance company must hold a certificate of authority to engage in the business of insurance under this chapter. Added by Acts 2001,...

SUBCHAPTER C DEPOSIT WITH COMPTROLLER

• Texas Section 984.052 - Application
  (a) To issue insurance policies under this chapter, a Mexican casualty insurance company must file with the department an application for a certificate of authority...
• Texas Section 984.101 - Deposit With Comptroller Required
  (a) A Mexican casualty insurance company shall deposit with the comptroller at least $25,000 in: (1) United States currency; or (2) securities that are: (A)...
• Texas Section 984.102 - Payments From Deposit
  On approval of the department, the comptroller shall pay from the deposit required under this subchapter any unsatisfied final judgment obtained against the Mexican casualty...

SUBCHAPTER D TAXES AND CHARGES; REPORTS

• Texas Section 984.103 - Return Of Deposit
  With the approval of the department, the comptroller shall return the deposit required under this subchapter, or the unencumbered balance of the deposit, to the...
• Texas Section 984.151 - Premium Tax
  (a) A Mexican casualty insurance company shall pay to this state an annual premium tax based solely on the company's gross premium receipts from insurance...
• Texas Section 984.152 - Other Taxes And Charges
  In addition to paying a premium tax as required by Section 984.151, a Mexican casualty insurance company shall pay any other maintenance fee, charge, or...

SUBCHAPTER E REGULATION AND ENFORCEMENT

• Texas Section 984.153 - Reports
  A Mexican casualty insurance company shall make the same reports that other insurance companies authorized to write accident and casualty coverage in this state are...
• Texas Section 984.201 - Agreement To Comply With Chapter
  A Mexican casualty insurance company shall file in English a document executed by the company's officials expressly accepting the terms of this chapter and agreeing...
• Texas Section 984.202 - Annual Statement
  A Mexican casualty insurance company shall file annually with the department each of the items listed in Section 984.052(c). Added by Acts 2001, 77th Leg.,...
• Texas Section 984.203 - Authority To Conduct Examination
  The department may examine at any time the affairs and condition and any books or records of a Mexican casualty insurance company, at the company's...
• Texas Section 984.204 - Authority To Revoke Or Suspend Certificate Of Authority
  The commissioner may revoke or suspend a Mexican casualty insurance company's certificate of authority under this chapter if the commissioner, after notice and an opportunity...

Last modified: September 28, 2016