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Section 23-63-1904 - Liability of appointed actuary — Arkansas Law | CourtGPT
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  8. Section 23-63-1904 - Liability of appointed actuary
Arkansas Legal Code

Section 23-63-1904 - Liability of appointed actuary

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An appointed actuary is not liable for damages to any person other than the property and casualty insurance company or the Insurance Commissioner, or both the property and casualty insurance company and the commissioner, for any act, error, omission, decision, or conduct with respect to the actuary's statement of actuarial opinion, except in cases of fraud or willful misconduct on the part of the appointed actuary.Acts 2009, No. 726, § 24.

An appointed actuary is not liable for damages to any person other than the property and casualty insurance company or the Insurance Commissioner, or both the property and casualty insurance company and the commissioner, for any act, error, omission, decision, or conduct with respect to the actuary's statement of actuarial opinion, except in cases of fraud or willful misconduct on the part of the appointed actuary.Acts 2009, No. 726, § 24.