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(a) An insurer shall provide its insured written notice of the terms of settlement of a claim if the insured:
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(1) Notifies the insurer in writing that the amount of or liability for the claim is contested; and
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(2) Requests in writing notice of the insurer’s settlement of the claim.
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(b) Except as provided in subsection (a) of this section, nothing in this section shall be construed to alter the defense or handling of a claim under any policy or contract of insurance.
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(c) The provisions of this section shall not apply to personal lines of insurance.
