Tex. Insurance Code § 541.061
MISREPRESENTATION OF INSURANCE POLICY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 541.061, MISREPRESENTATION OF INSURANCE POLICY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678170
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Full text
It is an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to misrepresent an insurance policy by:
(1) making an untrue statement of material fact;
(2) failing to state a material fact necessary to make other statements made not misleading, considering the circumstances under which the statements were made;
(3) making a statement in a manner that would mislead a reasonably prudent person to a false conclusion of a material fact;
(4) making a material misstatement of law; or
(5) failing to disclose a matter required by law to be disclosed, including failing to make a disclosure in accordance with another provision of this code.