Texas Insurance Code

§ 751.002 — PURPOSE AND SCOPE

IN § 751.002Title 5. PROTECTION OF CONSUMER INTERESTS · Part G. REGULATION OF INSURER MARKET CONDUCT · Ch. 751. MARKET CONDUCT SURVEILLANCE · Art. A. GENERAL PROVISIONS

Statute text

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(a)The purpose of this chapter is to establish a framework for department market conduct actions, including:

(1)processes and systems for identifying, assessing, and prioritizing market conduct problems that have a substantial adverse impact on consumers, policyholders, and claimants;

(2)development of appropriate market conduct actions by the commissioner as required to:

(A)substantiate market conduct problems; and

(B)remedy significant market conduct problems; and

(3)procedures to communicate and coordinate market conduct actions with other states to foster the most efficient and effective use of resources.

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Legislative history

Added by Acts 2005, 79th Leg., Ch. 291 (S.B. 14), Sec. 3, eff. September 1, 2005.