Texas Insurance Code

§ 101.051 — CONDUCT THAT CONSTITUTES THE BUSINESS OF INSURANCE

IN § 101.051Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 101. UNAUTHORIZED INSURANCE · Art. B. BUSINESS OF INSURANCE; EXCEPTIONS

Statute text

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(a)In this section, "medical expense" includes surgical, chiropractic, physical therapy, speech pathology, audiology, professional mental health, dental, hospital, or optometric expenses.

(b)The following acts in this state constitute the business of insurance in this state:

(1)making or proposing to make, as an insurer, an insurance contract;

(2)making or proposing to make, as guarantor or surety, a guaranty or suretyship contract as a vocation and not merely incidental to another legitimate business or activity of the guarantor or surety;

(3)taking or receiving an insurance application;

(4)receiving or collecting any consideration for insurance, including:

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Legislative history

Acts 2021, 87th Leg., R.S., Ch. 60 (S.B. 1809), Sec. 7, eff. September 1, 2021.