Tex. Codes » Insurance Code · TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · SUBTITLE I. SURPLUS LINES INSURERS; COMPANIES NOT ORGANIZED IN TEXAS · CHAPTER 981. SURPLUS LINES INSURANCE
Texas Codes

Tex. Ins. Code § 981.057 (2026)

Minimum Capital And Surplus Requirements

✓ current as of May 2026
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Sec. 981.057. MINIMUM CAPITAL AND SURPLUS REQUIREMENTS. (a) Except as provided by Subsection (b), an eligible surplus lines insurer must maintain capital and surplus in an amount of at least $15 million.

(b) Subsection (a) does not apply to alien surplus lines insurers listed on the Quarterly Listing of Alien Insurers maintained by the International Insurers Department, National Association of Insurance Commissioners.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Amended by:

Acts 2013, 83rd Leg., R.S., Ch. 595 (S.B. 951), Sec. 6, eff. June 14, 2013.

Notes of Decisions
Cited in 3 cases, 2004–2016 · leading case: Roy Seger v. Yorkshire Ins. Co., Ltd., & Ocean Marine Ins. Co., Ltd., 503 S.W.3d 388 (Tex. 2016).
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Roy Seger v. Yorkshire Ins. Co., Ltd., & Ocean Marine Ins. Co., Ltd., 503 S.W.3d 388 (Tex. 2016). “The minimum surplus and capital requirement "does not apply to alien surplus lines insurers listed on the Quarterly Listing of Alien Insurers maintained by the International Insurers Department, National Association of Insurance Commissioners,” Tex. Ins. Code § 981.057(b). 13 .…”
Strayhorn v. Lexington Ins. Co., 128 S.W.3d 772 (Tex. App. 2004). “” See Tex. Ins.Code Ann. § 981.057 (West Supp. 2003).”
Carole Keeton Strayhorn, Comptroller of Pub. Accounts of the State of Texas, & Greg Abbott, Successor to John Cornyn, Attorney Gen. of the State of Texas v. Lexington Ins. Co., Landmark Ins. Co., & Am. Int'l Speciality Lines Ins. Co. (Tex. App. 2004). “" See Tex. Ins. Code Ann. § 981.057 (West Supp.”
— Tex. Ins. Code § 981.057(b) — 1 case
Roy Seger v. Yorkshire Ins. Co., Ltd., & Ocean Marine Ins. Co., Ltd., 503 S.W.3d 388 (Tex. 2016). “The minimum surplus and capital requirement "does not apply to alien surplus lines insurers listed on the Quarterly Listing of Alien Insurers maintained by the International Insurers Department, National Association of Insurance Commissioners,” Tex. Ins. Code § 981.057(b). 13 .…”
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