Section 547.051 - Acts Prohibited(a) This section applies only to an insurer's misrepresentation of: (1) the insurer's financial condition;(2) the terms of an existing or future contract;(3) the benefits or advantages promised by an existing or future contract; or(4) the dividends or share of surplus to be received on an existing or future contract.(b) An unauthorized alien or foreign insurer may not:(1) make, issue, circulate, or cause to be made, issued, or circulated to a resident of this state a misrepresentation in an advertisement, estimate, illustration, circular, pamphlet, or letter that violates Chapter 541; or(2) cause to be made to a resident of this state in a newspaper, magazine, or other publication, or over a radio or television station, a misrepresentation in an announcement or statement that violates Chapter 541.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.