Tex. Ins. Code § 2051.153

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2051.153 - Liability of Policyholder for Additional Premium

(a) If a policyholder commits an administrative violation under Section 2051.152 and obtains workers' compensation insurance coverage at a premium that is less than the premium that would have been charged if the policyholder had not committed the administrative violation, the policyholder is liable to the insurer for:

(1) the difference between the premium due and the premium actually charged; and

(2) reasonable interest and attorney's fees.

(b) For the purposes of this section, "insurer" includes the Texas Mutual Insurance Company.

Tex. Ins. Code § 2051.153

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.