Tex. Insurance Code § 2703.152
FACTORS CONSIDERED IN FIXING PREMIUM RATES
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2703.152, FACTORS CONSIDERED IN FIXING PREMIUM RATES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/685169
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Full text
(a) In fixing premium rates, the commissioner shall consider all relevant income and expenses of title insurance companies and title insurance agents attributable to engaging in the business of title insurance in this state.
(b) The premium rates fixed by the commissioner must be:
(1) reasonable as to the public; and
(2) nonconfiscatory as to title insurance companies and title insurance agents.