2021 Texas Statutes
Insurance Code
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 551 - Practices Relating to Declination, Cancellation, and Nonrenewal of Insurance Policies
Subchapter B. Cancellation and Nonrenewal of Certain Liability and Commercial Property Insurance Policies
Section 551.051. Definitions
Sec. 551.051. DEFINITIONS. In this subchapter:
(1) "Commercial property insurance" has the meaning assigned by Section 2251.002.
(1-a) "Insurer" means an insurance company or other entity admitted to engage in business and authorized to write liability insurance or commercial property insurance in this state, including a county mutual insurance company, a Lloyd's plan, and a reciprocal or interinsurance exchange. The term does not include a county mutual fire insurance company that writes exclusively industrial fire insurance as described by Section 912.310 or a farm mutual insurance company.
(2) "Liability insurance" means:
(A) general liability insurance;
(B) professional liability insurance other than medical professional liability insurance;
(C) commercial automobile liability insurance;
(D) commercial multiperil insurance; and
(E) any other type or line of liability insurance designated by the department.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 72 (S.B. 590), Sec. 2, eff. September 1, 2019.
