Tex. Ins. Code § 984.204
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The commissioner may revoke or suspend a Mexican casualty insurance company's certificate of authority under this chapter if the commissioner, after notice and an opportunity for a hearing, determines that the company, with neglect and wilful disregard, systematically failed to comply with obligations derived from insurance policies issued in this state and the laws applicable to those policies.
Tex. Ins. Code § 984.204