Texas Insurance Code 704.052 – Antifraud Plan Requirements
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Insurance Code 704.052
- Fraud: Intentional deception resulting in injury to another.
An antifraud plan adopted by a plan issuer under this subchapter must include a description of the issuer’s procedures for:
(1) detecting and investigating possible fraudulent insurance acts; and
(2) reporting possible fraudulent insurance acts to the insurance fraud unit.