Texas Insurance Code 701.103 – Disciplinary Action; Report to Other Agencies
Current as of: 2024 | Check for updates
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(a) The commissioner shall take appropriate disciplinary action as provided by this code if the commissioner believes a fraudulent insurance act has occurred. The commissioner shall report information concerning the commissioner’s belief that a person has committed a fraudulent insurance act to an authorized governmental agency.
(b) The commissioner shall:
(1) provide all material, documents, reports, complaints, or other evidence to an authorized governmental agency on request; and
(2) assist the authorized governmental agency as requested.
Terms Used In Texas Insurance Code 701.103
- 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.
- 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