1. The Commissioner, as receiver, all present and former deputy receivers, special
deputy receivers and their employees, and the other officers, agents, employees and
attorneys of the Division are immune from liability, both personally and in their
official capacities, for any claim for damage to or loss of property or personal injury
or other civil liability caused by or resulting from any alleged act, error or omission
of the officers, agents, employees and attorneys of the Division arising out of or
by reason of their duties or employment. This subsection must not be construed to hold the officers, agents, employees and
attorneys of the Division immune from liability for any damage, loss, injury or liability
caused by actual malice.
2. Attorneys, accountants, auditors and other professional persons or firms who are
retained by the Commissioner as independent contractors and their employers must not
be considered employees for the purposes of this chapter.
3. The Commissioner, all present and former deputy receivers, special deputy receivers
and their employees, and the other officers, agents, employees and attorneys of the
Division must be indemnified for all expenses, attorney's fees, judgments, settlements,
decrees, or amounts due or paid in satisfaction of, or incurred in the defense of,
such a legal action, unless it is determined upon a final adjudication on the merits
of the case that the alleged acts, error or omission of the officer, agent, employee
or attorney of the division did not arise out of or by reason of his or her duties
or employment and was caused by actual malice.
4. The State may seek indemnification for the payment of expenses, judgments, settlements,
decrees, attorney's fees, surety bond premiums or other amounts paid or to be paid
from the insurer's assets. Any payment pursuant to this section shall be deemed an administrative expense of
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