Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 542.153 - Notice Required(a) Not later than the 10th day after the date an initial offer to settle a claim against a named insured under a casualty insurance policy issued to the insured is made, the insurer shall notify the insured in writing of the offer.(b) Not later than the 30th day after the date a claim against a named insured under a casualty insurance policy issued to the insured is settled, the insurer shall notify the insured in writing of the settlement.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.