Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 3101
Simplified comprehensive policies of insurance
Insurance (ISC) CHAPTER 28, ARTICLE 31
§ 3101. Simplified comprehensive policies of insurance. Simplified
policies of insurance providing broad coverage of all or various
combinations of risks may be approved by the superintendent and issued
by insurers notwithstanding any provision of this chapter, and
notwithstanding those provisions of any other law which specify the
content of insurance policies, provided that such policies shall be
subject to regulations promulgated by the superintendent specifying the
standards which must be met by insurers for issuing such policies and
assuring to policyholders and claimants protections not less favorable
than they would be entitled to under a substantially similar policy
which is not subject to this section.