Tex. Ins. Code § 565.006

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

Section 565.006 - Exception

An insurer does not violate Section 565.005 if the insurer's actions are based on an ordinary insurance business purpose, including the use of sound actuarial principles, or financial solvency considerations reasonably related to loss experience for the different types of risks and coverages made available by a particular insurer.

Tex. Ins. Code § 565.006

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 1144,Sec. 1, eff. 9/1/2023, app. to an insurance policy that is delivered, issued for delivery, or renewed in this state on or after January 1, 2024.