Texas Insurance Code 2001.003 – Authority to Require Sworn Statements
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Terms Used In Texas Insurance Code 2001.003
- Property: means real and personal property. See Texas Government Code 311.005
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
For an insurer described by Section 2001.001, the department may require from the insurer or a director, officer, representative, or agent of the insurer a sworn statement covering any period that states:
(1) the rates and premiums collected for fire insurance on each class of risks and on all property in this state;
(2) the causes of fire, if known to the insurer or individual or if the insurer or individual possesses relevant information or data or can obtain the information or data at reasonable expense; and
(3) all necessary facts and information to allow the department to determine enforcement and to enforce a law described by Section 2001.001(a).
