Texas § IN.2172.003 - GROUP INSURANCE
Full text of Texas The Texas Constitution § IN.2172.003 — GROUP INSURANCE, with citation guidance and answers to common questions.
§ IN.2172.003. GROUP INSURANCE
GROUP INSURANCE. (a) An insurer may provide a personal lines property and casualty insurance policy to a permitted group, on a group basis, provided that: (1) the issuance of the policy results in economies of scale in administrative, marketing, or brokerage costs; (2) the benefits provided under the policy are reasonable to the premiums charged; and (3) the policy does not contain a shared aggregate limit. (b) An insurance policy that provides group coverage under this chapter may not include a provision under which the payment of a certificate holder's claims is limited by the claims or losses incurred by another certificate holder. (c) An insurer may not renew an insurance policy that provides group coverage under this chapter to a group that includes fewer than 10 certificate holders as part of the group at the time of renewal. Added by Acts 2025, 89th Leg., R.S., Ch. 692 (H.B. 3388 ), Sec. 3, eff. June 20, 2025.
Frequently Asked Questions About Texas § IN.2172.003
What does The Texas Constitution § IN.2172.003 cover?
Section IN.2172.003 ("GROUP INSURANCE") 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.2172.003?
A common citation format is "The Texas Constitution § IN.2172.003" (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.2172.003 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.