What is the Equine Liability Risk Retention Act?

The Equine Liability Risk Retention Act is a law that was passed in the state of Texas in 1999. This act is meant to ensure that liability insurers in Texas cover risks related to equine activities. Under this law, owners and operators of equine facilities in Texas are protected from liability claims for injuries related to equine activities, such as horseback riding. This law also limits damages that can be recovered from liability claims to no more than $300,000 per occurrence. This act also provides protection for equine activity sponsors, equine professionals, equine event organizers, and equine facility operators from civil liability related to the inherent risks involved with equine activities. The law specifies that having an exculpatory agreement signed by a participant does not itself absolve a provider from liability for the inherent risks of an equine activity. The Equine Liability Risk Retention Act is important in protecting the equine industry in Texas by providing liability protection for those involved in equine activities. This helps to ensure that equine activity organizers and operators have the ability to provide these activities and services without worrying about large liability claims. This law is also beneficial for participants, as it provides a reasonable liability limit which can ensure that compensation is available should they be injured in an equine activity.

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What is the Equine Liability Risk Retention Act?

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