Effect of Settlement Offer

Tex. Insurance Code § 541.160, under Chapter 541.

Tex. Insurance Code § 541.160

Sec. 541.160. EFFECT OF SETTLEMENT OFFER. A settlement offer is not an admission of engaging in an act or practice defined by Subchapter B to be an unfair method of competition or an unfair or deceptive act or practice in the business of insurance. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.