Texas Statutes and Rules Common to Life and Health Insurance
An insurer violates a claim-settlement cease-and-desist order and refuses to correct the practice. Which Commissioner response is authorized under the claim-settlement enforcement statute?
Answer and explanation
Answer: B. For unfair claim-settlement violations, the Commissioner may issue a cease-and-desist order and may revoke, suspend, or limit the insurer's certificate or business if the order is not obeyed.Source: Texas Insurance Code Chapter 542 — § 542.010, cease-and-desist order and enforcement
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