Ark. Code Ann. § 27-25-107
Contribution against indemnification
Last amended: 2023Year: 2026Length: 164 words
A motor vehicle insurer that defends or indemnifies a claim against a shared vehicle that is excluded under the terms of its policy shall have the right to seek recovery against the motor vehicle insurer of the peer-to-peer car-sharing program if the claim is: (1) Made against the shared-vehicle owner or the shared-vehicle driver for loss or injury that occurs during the car-sharing period; and (2) Excluded under the terms of its policy. Added by Act 2023, No. 686,§ 3, eff. 8/1/2023.
A motor vehicle insurer that defends or indemnifies a claim against a shared vehicle that is excluded under the terms of its policy shall have the right to seek recovery against the motor vehicle insurer of the peer-to-peer car-sharing program if the claim is:
(1) Made against the shared-vehicle owner or the shared-vehicle driver for loss or injury that occurs during the car-sharing period; and
(2) Excluded under the terms of its policy.
Added by Act 2023, No. 686,§ 3, eff. 8/1/2023.