Tex. Ins. Code § 3502.154

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 3502.154 - Loss Reserve

A mortgage guaranty insurer shall determine the loss reserve using the case basis method. The loss reserve must include a reserve for claims incurred but not reported.

Tex. Ins. Code § 3502.154

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 3, eff. 4/1/2007.