LegalFix

Insurance

Insurance generally refers to a legally enforceable contract—known as an insurance policy—in which an insurance company (the insurer) agrees to (1) defend the person or entity who purchased the policy (the insured) against future claims or lawsuits; and (2) pay for losses (usually financial) that are covered under the written terms of the insurance policy.

These two primary legal obligations of an insurer under a liability insurance policy are known as the duty to defend and the duty to indemnify.

Insurance may be purchased to cover a wide range of future claims or losses—ranging from health insurance to pay future medical expenses, to commercial general liability (CGL) to cover future claims and losses incurred by a business.



State Statutes for the State of Texas

INSURANCE CODE

TITLE 2 - TEXAS DEPARTMENT OF INSURANCE TITLE 7 - LIFE INSURANCE AND ANNUITIES TITLE 10 - PROPERTY AND CASUALTY INSURANCE TITLE 11 - TITLE INSURANCE TITLE 15 - INTERSTATE INSURANCE COMPACTS

INSURANCE CODE - NOT CODIFIED

TITLE 1 - THE INSURANCE CODE OF 1951

SUBTITLE C - AUTOMOBILE INSURANCE

CHAPTER 1951 - GENERAL PROVISIONS: AUTOMOBILE INSURANCE CHAPTER 1952 - POLICY PROVISIONS AND FORMS FOR AUTOMOBILE INSURANCE CHAPTER 1953 - RATE REGULATION AND RATEMAKING FOR AUTOMOBILE INSURANCE CHAPTER 1954 - INSURANCE FOR TRANSPORTATION NETWORK COMPANY DRIVERS

CHAPTER 1101 - LIFE INSURANCE

INSURANCE CODE LIFE INSURANCE AND ANNUITIES LIFE INSURANCE IN GENERAL LIFE INSURANCE STIPULATED FORM OF INSURANCE.

CHAPTER 101 - UNAUTHORIZED INSURANCE

INSURANCE CODE TEXAS DEPARTMENT OF INSURANCE UNAUTHORIZED INSURANCE (A) soliciting, negotiating, procuring, or effectuating insurance or a renewal of insurance; (A) the amount of insurance;

CHAPTER 612 - LIABILITY INSURANCE

LIABILITY INSURANCE may be written under Subchapter A, Chapter 5, Insurance Code. LIABILITY INSURANCE FOR CERTAIN STATE EMPLOYEES. LIABILITY INSURANCE FOR CERTAIN STATE PROGRAMS. (3) providing for coverage by an insurance company authorized to write motor vehicle liability insurance

CHAPTER 4101 - INSURANCE ADJUSTERS

INSURANCE CODE INSURANCE ADJUSTERS (A) adjusts insurance losses periodically and incidentally to the practice of law; and (6) a person who handles claims arising under life, accident, and health insurance policies; (9) a public insurance adjuster licensed under Chapter 4102;

CHAPTER 256 - AIRCRAFT INSURANCE

INSURANCE CODE INSURANCE MAINTENANCE TAXES AIRCRAFT INSURANCE determines is necessary to pay the expenses during the succeeding year of regulating all classes of insurance maintenance taxes under this chapter on the correctly reported gross premiums from writing a class of insurance

Federal Statutes

§ 57519. Insurance

A charter under this chapter shall require the charterer to carry, at the charterer’s expense, insurance The insurance shall be in such form, in such amount, and with such companies as the Secretary of Transportation In accordance with law, any of the insurance risks may be underwritten by the Secretary.

§ 292i. Insurance account

There is hereby established a student loan insurance account (in this section referred to as the “Account (1) Establishment There is hereby established a student loan insurance account (in this section referred Except as provided in subparagraph (B), all amounts received by the Secretary as premium charges for insurance Except as provided in subparagraph (B), all amounts received by the Secretary as premium charges for insurance

§ 5154. Insurance

property to be replaced, restored, repaired, or constructed with such assistance, such types and extent of insurance than are certified to him as reasonable by the appropriate State insurance commissioner responsible for regulation of such insurance. of this title or section 3149(c)(2) of this title or subsequently and accompanied by a plan for self-insurance part thereof for which it has previously received assistance under this chapter, to the extent that insurance

§ 3779. Insurance

The Commission is authorized to purchase insurance to protect the Commission against major and unpredictable adjacent thereto that any potential claimant under section 3771 or 3772 of this title be covered by insurance The amount of insurance so required shall be specified in those regulations, but may not exceed $1,000,000 The amount of insurance so required shall be specified in those regulations, but may not exceed $1,000,000 (2) In a claim under section 3771 or 3772 of this title for which the Commission has required insurance

§ 1108. Insurance

The Commission shall maintain insurance in reasonable amounts, including, but not limited to, liability and property insurance. Such insurance may not cover the Commissioners or employees of the Commission except when sued by name

§ 41741. Insurance

an air carrier compensation under this subchapter only when the carrier files with the Secretary an insurance policy or self-insurance plan approved by the Secretary.

§ 936. Insurance policies

Every policy or contract of insurance issued under authority of this chapter shall contain (1) a provision No contract or policy of insurance issued by a carrier under this chapter shall be canceled prior to

§ 4375. Health insurance

There is hereby imposed on each specified health insurance policy for each policy year ending after (1) In general Except as otherwise provided in this section, the term “specified health insurance policy ” means any accident or health insurance policy (including a policy under a group health plan) issued (2) Exemption for certain policies The term “specified health insurance policy” does not include any insurance if substantially all of its coverage is of excepted benefits described in section 9832(c).