Sec. 821.001.  APPLICABILITY OF SUBCHAPTER.  (a)  This subchapter applies to any insurer that is required by law to hold a certificate of authority issued by the department, including:
(1)  a domestic insurance company;
(2)  a mutual life insurance company;
(3)  a statewide mutual assessment company;
(4)  a mutual insurance company other than a life insurance company operating under Chapter 883;
(5)  a Lloyd's plan;
(6)  a reciprocal or interinsurance exchange;  and
(7)  a title insurance company.
(b)  This subchapter does not apply to:
(1)  an insurer before the second anniversary of the date the insurer's original certificate of authority is issued;  or
(2)  an insurer that was paid more than $50,000 in gross premium income by policyholders during the preceding accounting year of the insurer.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.