Sec. 2054.252. AMOUNTS OF RATES. Rates charged by the company for insurance must be set in amounts sufficient, when invested, to: (1) carry all claims to maturity; (2) meet the reasonable expenses of conducting the company's business; and (3) maintain a reasonable surplus. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amounts of Rates
Tex. Insurance Code § 2054.252, under Texas Mutual Insurance Company.
Tex. Insurance Code § 2054.252