Failure by a licensed insurer to report under this chapter shall be referred to the Texas Department of Insurance. Sanctions under Chapter 82 of the Texas Insurance Code, may be imposed for failure to report.

Source Note: The provisions of this §176.6 adopted to be effective January 8, 2004, 29 TexReg 97; amended to be effective September 20, 2007, 32 TexReg 6314