Sec. 547.051.  ACTS PROHIBITED.  (a)  This section applies only to an insurer's misrepresentation of:
(1)  the insurer's financial condition;
(2)  the terms of an existing or future contract;
(3)  the benefits or advantages promised by an existing or future contract;  or
(4)  the dividends or share of surplus to be received on an existing or future contract.
(b)  An unauthorized alien or foreign insurer may not:
(1)  make, issue, circulate, or cause to be made, issued, or circulated to a resident of this state a misrepresentation in an advertisement, estimate, illustration, circular, pamphlet, or letter that violates Chapter 541;  or
(2)  cause to be made to a resident of this state in a newspaper, magazine, or other publication, or over a radio or television station, a misrepresentation in an announcement or statement that violates Chapter 541.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.