There is a newer version
of
this Section
2019 Texas Statutes
Insurance Code
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 559 - Credit Scoring and Credit Information
Subchapter B. Use of Credit Scoring and Credit Information
Section 559.056. Indemnification of Agent
Universal Citation: TX Ins Code § 559.056 (2019)
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.
Disclaimer: These codes may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
