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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Except in cases of fraud or wilful misconduct or as provided by Subsection (b), a person who certifies an opinion under Section 425.054 or 425.0545 is not liable for damages to a person, other than the life insurance company covered by the opinion, for an act, error, omission, decision, or other conduct with respect to the person's opinion.
(b) Subsection (a) does not apply to an administrative penalty imposed under Chapter 84.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 425.056. Limitation on Liability for Actuarial Opinion - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-425-056/
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