- (a) If the commissioner considers it necessary, the commissioner may initiate an examination of an insurer under Sections 401.051, 401.052, and 401.054-401.062.
(b) If the commissioner believes that an insurer is violating or has violated this chapter, the commissioner may:
- (1) impose a sanction under Chapter 82;
- (2) issue a cease and desist order under Chapter 83;
- (3) assess an administrative penalty under Chapter 84; or
- (4) refer the matter to the attorney general for appropriate enforcement.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2D.014, eff. April 1, 2009.