Tex. Ins. Code § 703.051

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 703.051 - Antifraud Action Authorized
(a) A covered entity acting alone or through a person, corporation, or legal entity affiliated with the covered entity may bring an action in a court, including a counter-action or cross-action, to:
(1) prevent a person from fraudulently engaging in the business of insurance or the business of a health maintenance organization in this state; or
(2) redress the effects of a person who has fraudulently engaged in the business of insurance or the business of a health maintenance organization in this state.
(b) An action may be brought under this section if:
(1) the acts of the person may adversely affect or have adversely affected at least 10 residents of this state; and
(2) the department has not brought an antifraud action in a court against the person.
(c) An action may be brought under this section regardless of whether the covered entity is directly affected by the person's acts.

Tex. Ins. Code § 703.051

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.