Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 821.001 - Applicability of Subchapter(a) This subchapter applies to any insurer that is required by law to hold a certificate of authority issued by the department, including: (1) a domestic insurance company;(2) a mutual life insurance company;(3) a statewide mutual assessment company;(4) a mutual insurance company other than a life insurance company operating under Chapter 883;(6) a reciprocal or interinsurance exchange; and(7) a title insurance company.(b) This subchapter does not apply to:(1) an insurer before the second anniversary of the date the insurer's original certificate of authority is issued; or(2) an insurer that was paid more than $50,000 in gross premium income by policyholders during the preceding accounting year of the insurer.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.