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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 862.104: RESERVES REQUIRED FOR OCEAN AND INLAND MARINE TRIP INSURANCE COMPANIES.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE D. CASUALTY COMPANIES
  4. CHAPTER 862. FIRE AND MARINE INSURANCE COMPANIES
  5. SUBCHAPTER C. REINSURANCE AND RESERVES

The total of the premiums on ocean and inland marine trip insurance risks not terminated is considered to be unearned, and the insurance company shall maintain a reserve equal to the total of the premiums for those policies.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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