S.C. Code § 38-75-386

Current through 2024 Act No. 209.
Section 38-75-386 - Essential property insurance; liability for acts and omissions

No liability on the part of, and no cause of action of any nature may arise against, the director, the Department of Insurance or its staff, the association, any member insurer, the association's agents or employees, its board of directors, or the legal representatives of any of the above persons, for any act or omission made in good faith or for any statement made to, or for information provided to, any insurer regarding rates; premiums; classifications; cancellations, determinations, or nonrenewals of coverage; underwriting; inspections; or claims experience history made to facilitate the underwriting of essential property insurance for risks in the coastal area by private insurers or to facilitate competition for the underwriting of essential property insurance for risks in the coastal area among private insurers.

S.C. Code § 38-75-386

2007 Act No. 78, Section 10, eff 6/11/2007, applicable to taxable years beginning after December 31, 2006; 1996 Act No. 360 Section 2 and 1996 Act No. 378, Section 2.