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Texas Insurance Code

§ 751.152 — ADDITIONAL ANALYSIS OF MARKET ACTIONS

IN § 751.152Title 5. PROTECTION OF CONSUMER INTERESTS · Part G. REGULATION OF INSURER MARKET CONDUCT · Ch. 751. MARKET CONDUCT SURVEILLANCE · Art. D. MARKET ANALYSIS PROCEDURES

Statute text

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(a)If, as a result of the market analysis, the commissioner determines that further inquiry into a particular insurer or insurance practice is needed, the commissioner shall consider taking one or more of the market conduct actions described by Subsection (b) before conducting a targeted examination. If a market conduct action selected by the commissioner requires the participation of or a response by the affected insurer, the commissioner shall notify the insurer of the action selected in writing.
(b)Market conduct actions described by Subsection (a) may include:
(1)correspondence with the insurer;
(2)insurer interviews;
(3)information gathering;
(4)policy and procedure reviews;

Legislative history

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