Tex. Ins. Code § 2054.252

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

Section 2054.252 - Amounts of Rates

Rates charged by the company for insurance must be set in amounts sufficient, when invested, to:

(1) carry all claims to maturity;

(2) meet the reasonable expenses of conducting the company's business; and

(3) maintain a reasonable surplus.

Tex. Ins. Code § 2054.252

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