Remedies For Violation of Insurance Laws Or Commissioner Rules

Tex. Insurance Code § 4151.302, under Chapter 4151.

Tex. Insurance Code § 4151.302

Sec. 4151.302. 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 commissioner rule, the department may: (1) deny an application for a certificate of authority; (2) suspend or revoke a certificate of authority; (3) place on probation a person whose certificate of authority has been suspended; (4) assess an administrative penalty; or (5) reprimand a certificate of authority holder. Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.21, eff. September 1, 2007.