Tex. Insurance Code § 4151.254: AGREEMENTS BETWEEN ADMINISTRATORS AND EMPLOYERS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 13. REGULATION OF PROFESSIONALS
- SUBTITLE D. OTHER PROFESSIONALS
- CHAPTER 4151. THIRD-PARTY ADMINISTRATORS
- SUBCHAPTER F. WORKERS' COMPENSATION BENEFIT PLANS
(a) In addition to the contract required by Section 4151.253, an administrator may also enter into a contract with an employer in connection with workers' compensation benefits for collecting premium or contributions, adjusting claims, or settling claims, including an employer purchasing a policy authorized under Section 2053.202(b).
(b) A contract entered into under Subsection (a) must provide that:
(1) the contract does not limit or modify in any way:
(A) the insurance carrier's authority or responsibility, including financial responsibility, to comply with each statutory or regulatory requirement; and
(B) the provisions of the contract entered into between the administrator and the insurance carrier under Section 4151.253; and
(2) the administrator shall comply with each statutory or regulatory requirement relating to a function assumed by or carried out by the administrator.
Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.20, eff. September 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON