Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • The statutory distinction between unfair settlement practices under Subchapter A and prompt payment rules under Subchapter B. • The three-step claim timetable for admitted insurers: 15 calendar days to acknowledge, 15 business days to accept or deny, and 5 business days to pay. • How written extensions up to 45 calendar days operate during claim investigation. • Extended claim-handling windows for eligible surplus lines insurers under Texas Insurance Code. • The 15 calendar day statutory extension granted during TDI-designated weather catastrophes. This episode is designed for independent test preparation and study support. For additional practice materials, flashcards, and study guides, explore our resources: https://open-exam-prep.com/practice/tx-property-casualty https://www.youtube.com/@Open-exam-prep Sources checked: September 28, 2026 https://tcss.legis.texas.gov/resources/IN/htm/IN.542.htm https://www.tdi.texas.gov/consumer/index.html