Texas § IN.1901.051 - CONSIDERATIONS IN SETTING RATES
Full text of Texas The Texas Constitution § IN.1901.051 — CONSIDERATIONS IN SETTING RATES, with citation guidance and answers to common questions.
§ IN.1901.051. CONSIDERATIONS IN SETTING RATES
CONSIDERATIONS IN SETTING RATES. (a) In setting rates, an insurer shall consider: (1) past and prospective loss and expense experience for all professional liability insurance for physicians and health care providers written in this state, subject to Subsection (b); (2) a reasonable margin for underwriting profit and contingencies; (3) investment income; and (4) dividends or savings allowed or returned by the insurer to the insurer's policyholders or members. (b) If the department finds that the group or risk to be insured is not of sufficient size to be credible, an insurer must also consider in setting rates past and prospective loss and expense experience for all professional liability insurance for physicians and health care providers written outside this state. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1901.051
What does The Texas Constitution § IN.1901.051 cover?
Section IN.1901.051 ("CONSIDERATIONS IN SETTING RATES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1901.051?
A common citation format is "The Texas Constitution § IN.1901.051" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1901.051 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.