Texas Statutes and Rules Common to Life and Health Insurance
The Commissioner has reason to believe an insurer used an unfair method of competition. What procedural step normally protects the insurer before an order is entered?
Answer and explanation
Answer: A. Texas unfair-practice procedures require notice and a hearing process before the Commissioner enters an order based on the alleged violation.Source: Texas Insurance Code Chapter 541 — §§ 541.102-.103, hearing notice and unfair-practice proceedings
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