™Your Policy Risk Impact Agent
386 chapters · 7,822 sections in this title.
Tex. Insurance Code § 421.001 Reserves Required
1.0K chars
Sec. 421.001. RESERVES REQUIRED. (a) An insurer shall maintain reserves in an amount estimated in the aggregate to provide for the payment of all losses or claims for which the insurer may be liable and that are: (1) incurred on or before the date of statement, whether reported o…
Tex. Insurance Code § 421.002 Certificates From Other States
0.5K chars
Sec. 421.002. CERTIFICATES FROM OTHER STATES. In computing the reserve liability of an insurer, the commissioner may accept the certificate of the officer of another state charged with the duty of supervising the insurer if: (1) the insurer is organized under the laws of the othe…