Tex. Insurance Code § 4051.357: INSURER APPROVAL FOR NEW BUSINESS OR INCREASE IN LIABILITY.
Where this section sits in the code
- INSURANCE CODE
- TITLE 13. REGULATION OF PROFESSIONALS
- SUBTITLE B. AGENTS
- CHAPTER 4051. PROPERTY AND CASUALTY AGENTS
- SUBCHAPTER H. TERMINATION OR SUSPENSION OF AGENT CONTRACTS BY PROPERTY AND CASUALTY INSURERS
An agent who receives notice of termination or suspension of the agent's contract from an insurer may not write, without the written approval of the insurer:
(1) any new business; or
(2) any increase in liability on a renewal policy or an existing policy.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON