Sec. 559.056. INDEMNIFICATION OF AGENT. (a) An insurer shall indemnify, defend, and hold its agent harmless from and against all liability, fees, and costs that arise out of or relate to the actions, errors, or omissions of an agent who obtains or uses credit information or credit scores for the insurer if the agent:
(1) follows the instructions of or procedures established by the insurer; and
(2) complies with any applicable law or rule.
(b) This section may not be construed to establish a cause of action that does not exist in the absence of this section.
Added by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.020(a), eff. September 1, 2005.
Section: Previous 559.002 559.003 559.004 559.051 559.052 559.053 559.054 559.055 559.056 559.057 559.101 559.102 559.103 559.151 559.152 NextLast modified: September 28, 2016