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2021 Texas Statutes
Insurance Code
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 541 - Unfair Methods of Competition and Unfair or Deceptive Acts or Practices
Subchapter B. Unfair Methods of Competition and Unfair or Deceptive Acts or Practices Defined
Section 541.053. Defamation of Insurer
Universal Citation: TX Ins Code § 541.053 (2021)
Sec. 541.053. DEFAMATION OF INSURER. (a) It is an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to directly or indirectly make, publish, disseminate, or circulate or to aid, abet, or encourage the making, publication, dissemination, or circulation of a statement that:
(1) is false, maliciously critical of, or derogatory to the financial condition of an insurer; and
(2) is calculated to injure a person engaged in the business of insurance.
(b) This section applies to any oral or written statement, including a statement in any pamphlet, circular, article, or literature.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
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