Disciplinary action may be taken against a captive insurance
company, captive insurance manager, or other person if, after notice
and opportunity for hearing, it is determined that the captive insurance
company, captive insurance manager, or other person has violated the
Insurance Code, or other law subject to department enforcement, or
regulation by the department, including:
(1) a captive insurance company that violates §6.501
of this title (relating to Workers' Compensation); and
(2) an insurance carrier, as defined by Labor Code §401.011,
if it allows an employer, other than a certified self-insured employer,
to dictate the methods by which and the terms on which a claim is
handled and settled in violation of statute.
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