Tex. Ins. Code § 1115.101

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1115.101 - Mitigation

An insurer is responsible for compliance with this chapter. If a violation occurs because of the action or inaction of the insurer or the insurer's agent, the commissioner may:

(1) order:
(A) the insurer to take reasonable appropriate corrective action for any consumer harmed by a failure to comply with this chapter by the insurer, the insurer's agent, or an entity contracted to perform the insurer's supervisory duties; or
(B) a general agency, independent agency, or the agent to take reasonably appropriate corrective action for any consumer harmed by the agent's violation of this chapter; and
(2) impose appropriate sanctions as provided by Section 1115.102.

Tex. Ins. Code § 1115.101

Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 262,Sec. 17, eff. 9/1/2021.
Subchapter amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 262,Sec. 16, eff. 9/1/2021.
Amended By Acts 2011, 82nd Leg., R.S., Ch. 1156, Sec. 14, eff. 9/1/2011.
Added by Acts 2007, 80th Leg., R.S., Ch. 736, Sec. 1, eff. 9/1/2007.