What steps can I take to protect myself from liability in publishing contract?

This is the excerpt from the contract for publishing: "AUTHOR agrees to fully indemnify, defend and hold harmless PUBLISHER and its affiliates from and against any losses, lost profits, damages, liabilities, judgments, awards, decrees, settlements, or expenses (including without limitation, reasonable attorney's fees and court costs) arising from, connected with, or by reason of any breach of any of the representations and warranties set forth above, but the AUTHOR shall not be liable for any matter inserted in the WORK by PUBLISHER or its licensees." Is this standard or is the publisher passing along undue liability? Are there any steps that I can take to protect myself from this liability (LLC., etc.).