Sec 20-1655. Liability of insurer and representatives for statements in notice of cancellation, other communication or evidence given in court relating to cancellation

There shall be no liability on the part of, and no cause of action of any nature shall arise against, any insurer or its authorized representatives, agents or employees, or any licensed insurance producer, for any statement made, unless shown to have been made in bad faith with malice in any of the following:

1. Written notice of cancellation or nonrenewal or in any other oral or written communication specifying the reasons for cancellation or nonrenewal.

2. Communication providing information pertaining to such cancellation or nonrenewal.

3. Evidence submitted at any court proceeding or informal inquiry in which such cancellation or nonrenewal is an issue.