Texas Statutes and Rules Common to Life and Health Insurance
An insurer refuses to respond to a lawful TDI directive about its Texas insurance business. Which Commissioner power is most directly involved?
Answer and explanation
Answer: A. Commissioner general powers include administering and enforcing Texas insurance laws, not federal tax, zoning, or securities licensing functions.Source: Texas Insurance Code Chapter 31 — §§ 31.002 and 31.021-.022, Commissioner enforcement authority
More texas statutes and rules common to life and health insurance questions
- A Texas insurer routinely offers beneficiaries substantially less than the policy face amount, hoping some will accept. What does this practice violate?
- A Texas licensee fails to report an out-of-state administrative action, and TDI later discovers it. What exposure does the licensee face?
- A Texas life agent changes their legal name after marriage. What documentation does TDI’s FIN533 name-change form require?
- A Texas life agent completes 24 hours of continuing education but none of it addresses ethics. What is the result?
- A Texas life agent has not completed required CE and has no applicable exemption or extension. What must happen before TDI will renew the license?
- A Texas resident life agent moves to another state. According to TDI’s FIN533 instructions, what is required before Texas can change the license to nonresident status?
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