Rates charged by the company for insurance must be set in amounts sufficient, when invested, to:
(1) carry all claims to maturity;
(2) meet the reasonable expenses of conducting the company's business; and
(3) maintain a reasonable surplus.
Tex. Ins. Code § 2054.252
AMOUNTS OF RATES
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.