A provision for recoupment must be based on:
(1) the association's loss and expense experience; and
(2) other information based on that experience the department considers appropriate.
STANDARDS FOR RECOUPMENT PROVISIONS
Known as the Texas Medical Liability Insurance Underwriting Association Act
The act spans §§ 2203.001–2203.406 (55 sections).
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff
A provision for recoupment must be based on:
(1) the association's loss and expense experience; and
(2) other information based on that experience the department considers appropriate.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.