(a) A domestic insurance company may bring an action against any person, including a policyholder or shareholder of the company, for any cause related to the company’s business.
(b) A policyholder or an heir or legal representative of a policyholder may bring an action against a domestic insurance company for a loss that accrues on a policy.

Terms Used In Texas Insurance Code 841.261

  • 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

(c) An action enjoining, restraining, or interfering with the prosecution of a domestic insurance company’s business may be brought only by the department.

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