(a) Except as provided by Subsection (b), under the excess insurance coverage, the pool shall pay any portion of a claim against a public entity and the entity's officers and employees that:
- (1) exceeds $1 million; and
- (2) is finally determined or settled or is included in a final judgment of a court.
- (b) The amount paid by the pool under this section may not exceed the amount the board determines is actuarially sound for the pool.
- (c) The pool may participate in evaluating or defending a claim made under the insurance coverage.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.