Texas Insurance Code 2053.055 – Rate Adjustment
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Insurance Code 2053.055
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
If the commissioner determines that an insurance company’s rates do not meet with the standards imposed by Section 2053.002, the commissioner may order the insurance company to adjust the rates to meet those standards. An insurance company may appeal an order under this section in accordance with Subchapter D, Chapter 36.