1102.005 – RULES. The commissioner may adopt reasonable
Texas Insurance Code § 1102.005
Summary
This law empowers the commissioner to create rules for managing insurance policies, focusing on reserve requirements and prudent investment of collected premiums. It affects insurance companies operating under this chapter of the Texas Insurance Code.
Commissioner can establish rules for insurance policy management.
Requires appropriate reserves for insurance policies.
Mandates prudent investment of collected premiums.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's RULES. The commissioner may adopt reasonable law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.