§ 27-2-21-21 — Insurance producer indemnification, defense, and hold harmless

(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:
(1) obtains or uses credit information or insurance scores for the
insurer;
(2) follows the instructions of or procedures established by the
insurer; and
(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.

Legislative History

As added by P.L.201-2003, SEC.1.