Texas Statutes and Rules Common to Life and Health Insurance
Under Texas Penal Code § 35.02, what criminal classification applies to committing insurance fraud involving a claim of $300,000 or more?
Answer and explanation
Answer: C. Texas Penal Code § 35.02 classifies high-dollar insurance fraud ($300k+) as a first-degree felony.Source: Texas Penal Code Chapter 35 — § 35.02, Insurance Fraud Penalties
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