Exams / Texas Life Insurance License / Tex. Ins. Code §542.009
Tex. Ins. Code §542.009 — what it says, and how the exam tests it
This section is cited by 6 of our practice questions and is tested on 3 exams including the Texas Life Insurance License.
The text
Sec. 542.009. REVIEW OF INVESTIGATION RESULTS; HEARING. (a) On receiving the results of an investigation instituted under Section 542.007 or 542.008, the department shall review those results considering the standards of this subchapter to determine whether further action is necessary. (b) If the department determines that further action is necessary, the department shall: (1) set a date for a hearing to review the alleged violations of this subchapter; and (2) notify the insurer of: (A) the date of the hearing; and (B) the nature of the charges. (c) The department shall provide the notice required by Subsection (b)(2) not later than the 30th day before the date of the hearing. (d) At a hearing under this section, the insurer may present the insurer's case with the assistance of counsel. (e) Evidence relating to the number and type of complaints or claims prepared by the department from information received or compiled under Section 542.006, 542.007, or 542.008 is admissible in evidence at: (1) the hearing; and (2) any related judicial proceeding. (f) The hearing shall be conducted in accordance with this code and rules adopted by the commissioner. (g) An insurer may not be found to be in violation of this subchapter solely because of the number and type of complaints or claims against the insurer. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Public record. Read the full, current section at the official source: tcss.legis.texas.gov
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Texas law, how many days before a hearing must the department notify an insurer of the hearing date and the nature of the charges?
drill Texas Statutes and Rules Common to Property and Casualty Insurance → - When the Texas Department of Insurance determines further action is necessary after reviewing investigation results under Section 542.009, what must the department do?
drill Texas Statutes and Rules Common to Property and Casualty Insurance → - Under Texas Insurance Code §542.009, an insurer may NOT be found in violation of the unfair claims settlement subchapter solely because of which factor?
drill Texas Statutes and Rules Common to Property and Casualty Insurance →