Tex. Ins. Code § 542.008

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 542.008 - Complaints Against Insurers; Investigation
(a) The department shall establish a system for receiving and processing individual complaints alleging a violation of this subchapter by an insurer regardless of whether the insurer is required to file a periodic report under Section 542.006.
(b) The department shall investigate an insurer if the department determines that:
(1) based on the number and type of complaints against an insurer, the insurer does not meet the minimum standard of performance adopted under Section 542.007; or
(2) the number and type of complaints against the insurer are not proportionate to the number and type of complaints against other insurers writing similar lines of insurance.

Tex. Ins. Code § 542.008

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.