Tex. Insurance Code § 964.073
This is the official text of Tex. Insurance Code § 964.073, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 964.073. ADJUSTER LICENSE NOT REQUIRED; EXCEPTION.
Official statutory text
(a) Except as provided by Subsection (b), a captive insurance company is not required to use a person licensed as an adjuster under Chapter 4101 to adjust losses.
(b) A captive insurance company shall use a person licensed as an adjuster under Chapter 4101 to adjust a claim that a person that is not an affiliated company or an insured controlled unaffiliated business makes against an affiliated company insured by the captive insurance company.
(b) A captive insurance company shall use a person licensed as an adjuster under Chapter 4101 to adjust a claim that a person that is not an affiliated company or an insured controlled unaffiliated business makes against an affiliated company insured by the captive insurance company.
Status: in_force · Read it on the official government site
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