Michigan Compiled Laws § 500.2161 Use Of Credit Information Or Insurance Scores; Liability, Fees, And Costs Arising Out Of Actions, Errors, Or Omissions.

500.2161 Use of credit information or insurance scores; liability, fees, and costs arising out of actions, errors, or omissions.

Sec. 2161.

An insurer shall indemnify, defend, and hold harmless producers from and against all liability, fees, and costs arising out of or relating to the actions, errors, or omissions of a producer resulting from the use of credit information or insurance scores for the insurer, provided that the producer follows the procedures and instructions established by the insurer and complies with all applicable laws and regulations.

History: Add. 2012, Act 205, Eff. Mar. 28, 2013

Section: Previous  500.2151  500.2153  500.2154  500.2156  500.2157  500.2159  500.2161  

Last modified: October 10, 2016