Tex. Insurance Code § 2211.103: RECOMPUTATION OF REIMBURSEMENT RATIOS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 10. PROPERTY AND CASUALTY INSURANCE
- SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE
- CHAPTER 2211. FAIR PLAN
- SUBCHAPTER C. INSURER PARTICIPATION IN FAIR PLAN
If a participating insurer fails to pay an assessment because of the insurer's insolvency, the association shall immediately recompute the reimbursement ratios to exclude from the ratios the amount of that assessment the commissioner determines is uncollectible, so that the uncollectible amount is assumed by and redistributed among the remaining participating insurers.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON