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Tex. Insurance Code § 827.007

PENALTIES

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 827.007, PENALTIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679195
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The commissioner may impose the civil penalties under Chapter 82 on an insurer that fails to obtain the commissioner's approval before the insurer: (1) withdraws from writing a line of insurance in this state; or (2) reduces the insurer's total annual premium volume by 75 percent or more in any year.