Section 2203.151 - Powers Relating to Medical Liability Insurance Coverage(a) Under this chapter and the plan of operation, the association, on behalf of the association members, may:(1) issue, or cause to be issued, medical liability insurance policies to applicants, including primary, excess, and incidental coverages, subject to the limits specified in the plan of operation and Section 2203.152;(2) underwrite medical liability insurance and adjust and pay losses related to that insurance, or appoint servicing insurers to perform those functions;(3) either or both accept and refuse the assumption of reinsurance from association members; and(4) cede and purchase reinsurance.(b) The association may provide general liability insurance coverage to be issued in connection with medical liability insurance issued by the association.Tex. Ins. Code § 2203.151
Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.