§ 1901.051 Considerations in Setting Rates
§ 1901.052 Grouping of Risks
§ 1901.053 Modification of Classification Rates
§ 1901.054 Limitations On Rates
§ 1901.0541 Use in Underwriting of Certain Information Related to Lawsuits; Refund
§ 1901.055 Claim Surcharge
§ 1901.056 Absolute Rates Prohibited
§ 1901.057 Considerations in Approving Rates
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Terms Used In Texas Insurance Code Chapter 1901 > Subchapter B - Rate Standards

  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Rule: includes regulation. See Texas Government Code 311.005
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005