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TITLE 30 | ENVIRONMENTAL QUALITY |
PART 1 | TEXAS COMMISSION ON ENVIRONMENTAL QUALITY |
CHAPTER 37 | FINANCIAL ASSURANCE |
SUBCHAPTER E | FINANCIAL ASSURANCE REQUIREMENTS FOR LIABILITY COVERAGE |
RULE §37.402 | Definitions |
In the liability insurance requirements, the terms "bodily injury" and "property damage" shall have the meanings given these terms by applicable state law. However, these terms do not include those liabilities which, consistent with standard industry practices, are excluded from coverage in liability policies for bodily injury and property damage. The agency intends the meanings of other terms used in the liability insurance requirements to be consistent with their common meanings within the insurance industry. The following definitions given of several of the terms are intended to assist in the understanding of these regulations and are not intended to limit their meanings in a way that conflicts with general insurance industry usage. |
Source Note: The provisions of this §37.402 adopted to be effective March 21, 2000, 25 TexReg 2347 |