Tex. Insurance Code § 981.0033
This is the official text of Tex. Insurance Code § 981.0033, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 981.0033. INDUSTRIAL INSURED DEFINED.
Official statutory text
For purposes of this chapter, "industrial insured" means a person who purchases commercial insurance and, at the time of placement:
(1) employs or retains a qualified risk manager to negotiate insurance coverage; and
(2) either:
(A) has paid aggregate nationwide commercial property and casualty insurance premiums of more than $25,000 in the immediately preceding 12 months; or
(B) employs at least 25 full-time employees.
(1) employs or retains a qualified risk manager to negotiate insurance coverage; and
(2) either:
(A) has paid aggregate nationwide commercial property and casualty insurance premiums of more than $25,000 in the immediately preceding 12 months; or
(B) employs at least 25 full-time employees.
Status: in_force · Read it on the official government site
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