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Texas Insurance Code - Not Codified

§ 21.49-3 — MEDICAL LIABILITY INSURANCE UNDERWRITING ASSOCIATION ACT

I1 § 21.49-3Title 1. THE INSURANCE CODE OF 1951 · Ch. 21. GENERAL PROVISIONS · Art. E. MISCELLANEOUS PROVISIONS

Statute text

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Sec. 1. Repealed by Acts 2005, 79th Leg., Ch. 727, Sec. 18, eff. April 1, 2007. Sec. 2. DEFINITIONS. (1) "Medical liability insurance" means primary and excess insurance coverage against the legal liability of the insured and against loss, damage, or expense incident to a claim arising out of the death or injury of any person as the result of negligence in rendering or the failure to render professional service by a health care provider or physician who is in one of the categories eligible for coverage by the association.
(2)"Association" means the joint underwriting association established pursuant to the provisions of this article.
(3)"Net direct premiums" means gross direct premiums written on automobile liability and liability other than auto insurance written pursuant to the provisions of the Insurance Code, less policyholder dividends, return premiums for the unused or unabsorbed portion of premium deposits and less return premiums upon cancelled contracts written on such liability risks.
(4)"Board" means the State Board of Insurance of the State of Texas.
(5)"Physician" means a person licensed to practice medicine in this state.
(6)"Health care provider" means:

Legislative history

Acts 2005, 79th Leg., Ch. 246 (H.B. 655), Sec. 1, eff. May 30, 2005. Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 18, eff. April 1, 2007. Acts 2005, 79th Leg., Ch. 1136 (H.B. 2680), Sec. 2, eff. June 18, 2005. Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.060(b), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.060(b), eff. September 1, 2007.

Source: Texas Insurance Code - Not Codified § 21.49-3 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.