Texas Insurance Code

§ 542.010 — CEASE AND DESIST ORDER; ENFORCEMENT

IN § 542.010Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 542. PROCESSING AND SETTLEMENT OF CLAIMS · Art. A. UNFAIR CLAIM SETTLEMENT PRACTICES

Statute text

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(a)If the department determines that an insurer has violated this subchapter, the department shall issue a cease and desist order to the insurer directing the insurer to stop the unlawful practice.

(b)If the insurer fails to comply with the cease and desist order, the department may:

(1)revoke or suspend the insurer's certificate of authority; or

(2)limit, regulate, and control:

(A)the insurer's line of business;

(B)the insurer's writing of policy forms or other particular forms; and

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Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.