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Texas Insurance Code

§ 101.103 — POWERS OF COMMISSIONER; REMEDIES FOR CERTAIN CONDUCT

IN § 101.103Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 101. UNAUTHORIZED INSURANCE · Art. C. PROHIBITION; ENFORCEMENT

Statute text

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(a)If the commissioner has reason to believe a person, including an insurer, has violated or is threatening to violate this chapter or Chapter 226 or a rule adopted under this chapter or Chapter 226, or that a person, including an insurer, violating this chapter or Chapter 226 has engaged in or is threatening to engage in an unfair act, the commissioner may:
(1)issue a cease and desist order;
(2)impose an administrative penalty under Chapter 84;
(3)direct the person to make restitution;
(4)request the attorney general to recover a civil penalty, seek restitution, or seek injunctive relief, or any combination of those remedies, under this chapter or another law of this state; or
(5)take any combination of those actions.

Legislative history

Acts 2021, 87th Leg., R.S., Ch. 60 (S.B. 1809), Sec. 8, eff. September 1, 2021.