Terms Used In Texas Insurance Code Chapter 1467 > Subchapter C - Bad Faith Participation

• Oversight: Committee review of the activities of a Federal agency or program.
• 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
• 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.