Section 407.062 - Financial Strength and Liquidity Requirements In assessing the financial strength and liquidity of an applicant, the commissioner shall consider:
(1) the applicant's organizational structure and management background;(2) the applicant's profit and loss history;(3) the applicant's compensation loss history;(4) the source and reliability of the financial information submitted by the applicant;(5) the number of employees affected by self-insurance;(6) the applicant's access to excess insurance markets;(7) financial ratios, indexes, or other financial measures that the commissioner finds appropriate; and(8) any other information considered appropriate by the commissioner.Amended By Acts 2005, 79th Leg., Ch. 265, Sec. 3.051, eff. 9/1/2005. Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. 9/1/1993.