Remedies For Violation of Insurance Laws Or Commissioner Rules

Sec. 4005.102. REMEDIES FOR VIOLATION OF INSURANCE LAWS OR COMMISSIONER RULES. In addition to any other remedy available under Chapter 82, for a violation of this code, another insurance law of this state, or a rule of the commissioner, the department may: (1) deny an application for: (A) an original license; or (B) a certificate issued under Chapter 4008; (2) suspend, revoke, or deny renewal of: (A) a license; or (B) a certificate issued under Chapter 4008; (3) place on probation a person whose license has been suspended; (4) assess an administrative penalty; (5) reprimand a license holder; or (6) require a license holder to qualify, or re-qualify if the agent has already qualified, for a certificate to sell a product or product line designated by rule under Chapter 4008. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005. Amended by: Acts 2009, 81st Leg., R.S., Ch. 451 (H.B. 2456), Sec. 4, eff. June 19, 2009.