2006 Louisiana Laws - RS 22:1430.5 — Immunity from liability

§1430.5.  Immunity from liability

A.  There shall be no liability on the part of and no cause of action of any nature shall arise against the Louisiana Insurance Rating Commission or any of its staff, or against the governing board of the Louisiana Citizens Property Insurance Corporation or anyone acting on behalf of the corporation or the plans, or against any servicing carrier or carriers, or against any assessable insurer, or against any participating insurance producer, or against the Department of Insurance or its representatives, for any action taken by them in the performance of their duties or responsibilities under this Subpart.

B.  Such immunity from liability does not apply to:

(1)  Any of the persons or entities listed in Subsection A hereof for any willful tort or criminal act.

(2)  The corporation, or insurance producers placing business with one of the plans, for breach of any contract or agreement pertaining to insurance coverage.

(3)  The corporation with respect to issuance or payment of debt.

(4)  Any assessable insurer with respect to any action to enforce such insurer's obligations to the corporation under this Subpart.

Acts 2003, No. 1133, §1.