Tex. Insurance Code § 2210.081: PAYMENT OF EXCESS LOSSES.
Where this section sits in the code
- INSURANCE CODE
- TITLE 10. PROPERTY AND CASUALTY INSURANCE
- SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE
- CHAPTER 2210. TEXAS WINDSTORM INSURANCE ASSOCIATION
- SUBCHAPTER B-2. PAYMENT OF EXCESS LOSSES AND OPERATING EXPENSES
(a) If, in a catastrophe year, an occurrence or series of occurrences in a catastrophe area results in insured losses and operating expenses of the association in excess of premium and other revenue of the association, the excess losses and operating expenses shall be paid as provided by this subchapter.
(b) The association may not pay insured losses and operating expenses resulting from an occurrence or series of occurrences in a catastrophe year in excess of premium and other revenue of the association for that catastrophe year with premium and other revenue earned in a subsequent year.
Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.09, eff. September 1, 2025.
Collected 2026-08-27T01:47:21Z. Source file · JSON