Tex. Insurance Code § 426.001
RESERVES REQUIRED
Texas · Texas Insurance Code · Status: effective
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- Tex. Insurance Code § 426.001, RESERVES REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677628
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Full text
A workers' compensation insurance company engaged in business in this state shall maintain reserves in an amount estimated in the aggregate to provide for the payment of all losses and claims incurred, whether reported or unreported. The company may not maintain reserves in an amount that is greater than reasonably necessary for that purpose.