Tex. Insurance Code § 426.001
This is the official text of Tex. Insurance Code § 426.001, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 426.001. RESERVES REQUIRED.
Official statutory text
A workers' compensation insurance company engaged in business in this state shall maintain reserves in an amount estimated in the aggregate to provide for the payment of all losses and claims incurred, whether reported or unreported. The company may not maintain reserves in an amount that is greater than reasonably necessary for that purpose.
Status: in_force · Read it on the official government site
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