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Tex. Ins. Code § 2055.007

GROUP DISCOUNT

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 17, eff

(a) A group that purchases a policy under this chapter is entitled to any premium or volume discount that would be applicable to a policy of the combined premium amount.

(b) A group shall apportion any discount or policyholder dividend received on workers' compensation insurance coverage among the members of the group according to a formula adopted in the plan of operation for the group.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.