{"data":{"id":"us-tx/tex.-insurance-code-2251.001","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2251.001","heading":"PURPOSE.","body":"The purposes of this subchapter and Subchapters B, C, D, and E are to:\n(1) promote the public welfare by regulating insurance rates to prohibit excessive, inadequate, or unfairly discriminatory rates;\n(2) promote the availability of insurance;\n(3) promote price competition among insurers to provide rates and premiums that are responsive to competitive market conditions;\n(4) prohibit price-fixing agreements and other anticompetitive behavior by insurers; and\n(5) provide regulatory procedures for the maintenance of appropriate information reporting systems.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE H. RATEMAKING IN GENERAL","CHAPTER 2251. RATES","SUBCHAPTER A. GENERAL PROVISIONS FOR RATES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2251.htm#2251.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"86d501c0511306cd5d9ff97023ce3c13bedede49127f2211653db41f93bb2e39","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2213.101","next":"us-tx/tex.-insurance-code-2251.002"},"notice":"GroundRules: Original legal text. Not legal advice."}