Indiana Code 27-2-21-21. Insurance producer indemnification, defense, and hold harmless
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Sec. 21. (a) An insurer shall indemnify and defend an insurance producer and hold an insurance producer harmless from and against liability, fees, and costs arising out of or related to the actions, errors, or omissions of the insurance producer relating to a use of credit information if the insurance producer:
(2) follows the instructions of or procedures established by the insurer; and
(1) obtains or uses credit information or insurance scores for the insurer;
Terms Used In Indiana Code 27-2-21-21
- consumer: means an:
Indiana Code 27-2-21-5
- credit information: means credit related information:
Indiana Code 27-2-21-7
- insurance producer: has the meaning set forth in Indiana Code 27-2-21-10
- insurer: refers to an insurer (as defined in IC 27-1-2-3) that issues a personal insurance policy. See Indiana Code 27-2-21-13
(3) complies with applicable laws and regulations.
(b) This section does not provide a consumer with a cause of action that does not exist in the absence of this section.
As added by P.L.201-2003, SEC.1.