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Tex. Insurance Code § 981.0033

INDUSTRIAL INSURED DEFINED

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 981.0033, INDUSTRIAL INSURED DEFINED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680628
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For purposes of this chapter, "industrial insured" means a person who purchases commercial insurance and, at the time of placement: (1) employs or retains a qualified risk manager to negotiate insurance coverage; and (2) either: (A) has paid aggregate nationwide commercial property and casualty insurance premiums of more than $25,000 in the immediately preceding 12 months; or (B) employs at least 25 full-time employees.