Tex. Ins. Code § 491.003
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
An insurer incorporated under the laws of this state, another state, or the United States and authorized to engage in business in this state may not expose itself to a loss or hazard on a single risk in an amount that exceeds 10 percent of the insurer's surplus for policyholders unless the insurer reinsures the excess in another solvent insurer.
Tex. Ins. Code § 491.003