Tex. Insurance Code § 941.154
This is the official text of Tex. Insurance Code § 941.154, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 941.154. ASSUMPTION OF RISK BY CERTAIN AFFILIATED INSURERS.
Official statutory text
An insurer who is subject to Article 5.26 may not directly or indirectly assume all or a substantial part of a risk covered by a policy written by a Lloyd's plan that is an affiliate of the insurer if the risk is written at a rate less than the rate that may be lawfully charged by:
(1) the insurer; or
(2) one of the insurer's affiliates that is subject to Article 5.26.
(1) the insurer; or
(2) one of the insurer's affiliates that is subject to Article 5.26.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.