Tenn. Code § 56-8-113

Current through Acts 2023-2024, ch. 1069

Section 56-8-113 - Remedies and sanctions for breach of, or for alleged unfair or deceptive acts or practices in connection with, a contract of insurance

Notwithstanding any other law, title 50 and this title shall provide the sole and exclusive statutory remedies and sanctions applicable to an insurer, person, or entity licensed, permitted, or authorized to do business under this title for alleged breach of, or for alleged unfair or deceptive acts or practices in connection with, a contract of insurance as such term is defined in § 56-7-101(a). Nothing in this section shall be construed to eliminate or otherwise affect any:

(1) Remedy, cause of action, right to relief or sanction available under common law;

(2) Right to declaratory, injunctive or equitable relief, whether provided under title 29 or the Tennessee Rules of Civil Procedure; or

(3) Statutory remedy, cause of action, right to relief or sanction referenced in title 50 or this title.

T.C.A. § 56-8-113

Acts 2011, ch. 130, § 1.