Ind. Code § 27-1-12.8-26 — Indiana Code / Title 27 / Article 1 / Chapter 12.8 / Section 27-1-12.8-26
Interest rates in determining minimum standard for valuation
Status: in_force

Sec. 26. (a) The interest rates used in determining the minimum standard for the valuation of the following are the calendar year statutory valuation interest rates described in this section:

(1) Life insurance contracts issued in a particular calendar year, on or after the operative date of IC 27-1-12-7(dd).

(2) Individual annuity and pure endowment contracts issued in a particular calendar year after December 31, 1981.

(3) Annuities and pure endowments purchased in a particular calendar year after December 31, 1981, under group annuity and pure endowment contracts.

(4) A net increase in a particular calendar year after January 1, 1982, in amounts held under guaranteed interest contracts.

(b) Except as provided in subsection (c), the calendar year statutory valuation interest rate, I, is determined as follows, and the results must be rounded to the nearest one-quarter of one percent (1/4 of 1%):

(1) For life insurance,

I = .03 + W(R1 - .03) + W/2(R2 - .09)

(2) For single premium immediate annuities and for annuity benefits involving life contingencies arising from other annuities with cash settlement options and from guaranteed interest contracts with cash settlement options,

I = .03 + W(R - .03)

where R1 is the lesser of R and .09,

R2 is the greater of R and .09,

R is the reference interest rate specified in this section, and

W is the weighting factor specified in this section.

(3) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with cash settlement options, valued on an issue year basis, except as provided in subdivision (2), the formula for life insurance specified in subdivision (1) applies to annuities and guaranteed interest contracts with guarantee durations in excess of ten (10) years and the formula for single premium immediate annuities described in subdivision (2) applies to annuities and guaranteed interest contracts with guarantee duration of ten (10) years or less.

(4) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with no cash settlement options, the formula for single premium immediate annuities specified in subdivision (2).

(5) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with cash settlement options, valued on a change in fund basis, the formula for single premium immediate annuities specified in subdivision (2).

(c) If the calendar year statutory valuation interest rate for a life insurance contract issued in a calendar year determined without reference to this subsection differs from the corresponding actual rate for similar contracts issued in the immediately preceding calendar year by less than one-half of one percent (1/2 of 1%), the calendar year statutory valuation interest rate for the life insurance contract is equal to the corresponding actual rate for the immediately preceding calendar year. For purposes of this subsection, the calendar year statutory valuation interest rate for life insurance contracts issued in a calendar year is determined for 1980 (using the reference interest rate defined in 1979) and must be determined for each subsequent calendar year regardless of when IC 27-1-12-7(dd) becomes operative.

(d) The weighting factors referred to in the formulas specified in subsection (b) are as follows:

(1) Weighting factors for life insurance:

Guarantee Duration

Weighting

(Years)

Factors

10 or less

.50

More than 10, but not more than 20

.45

More than 20

.35

For life insurance, the guarantee duration is the maximum number of years the life insurance can remain in force on a basis guaranteed in the contract or under options to convert to life insurance contracts with premium rates, nonforfeiture values, or both that are guaranteed in the original contract.

(2) Weighting factor for single premium immediate annuities and for annuity benefits involving life contingencies arising from:

(A) other annuities; and

(B) guaranteed interest contracts with cash settlement options:

.80

(3) Weighting factors for other annuities and for guaranteed interest contracts are as specified in clauses (A) through (C), according to the requirements of clauses (D) and (E), as follows:

(A) For annuities and guaranteed interest contracts valued on an issue year basis:

Guarantee

Weighting Factor

Duration

for Plan Type

(Years)

A

B

C

5 or less:

.80

.60

.50

More than 5, but

not more than 10:

.75

.60

.50

More than 10, but

not more than 20:

.65

.50

.45

More than 20:

.45

.35

.35

(B) For annuities and guaranteed interest contracts valued on a change in fund basis, the weighting factors specified in clause (A), increased by:

Plan Type

A

B

C

.15

.25

.05

(C) For annuities and guaranteed interest contracts valued on:

(i) an issue year basis (other than annuities and guaranteed interest contracts with no cash settlement options) that do not guarantee interest on considerations received more than one (1) year after the issue or purchase date; or

(ii) a change in fund basis that do not guarantee interest rates on considerations received more than twelve (12) months after the valuation date;

the weighting factors specified in clause (A) or derived in clause (B), increased by:

Plan Type

A

B

C

.05

.05

.05

(D) For other annuities and guaranteed interest contracts:

(i) with cash settlement options, the guarantee duration is the number of years for which the contract guarantees interest rates in excess of the calendar year statutory valuation interest rate for life insurance contracts with guarantee duration in excess of twenty (20) years; and

(ii) with no cash settlement options, the guaranteed duration is the number of years from the date of issue or purchase to the date annuity benefits are scheduled to begin.

(E) A company may elect to value:

(i) annuities; and

(ii) guaranteed interest contracts;

with cash settlement options on either an issue year basis or on a change in fund basis. Other annuities and guaranteed interest contracts with no cash settlement options must be valued on an issue year basis.

(e) The reference interest rate referred to in subsection (b) is as follows:

(1) For life insurance, the lesser of:

(A) the average, over a period of thirty-six (36) months; or

(B) the average, over a period of twelve (12) months;

ending on June 30 of the calendar year preceding the year of issue, of the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc.

(2) For single premium immediate annuities and for annuity benefits involving life contingencies arising from:

(A) other annuities; and

(B) guaranteed interest contracts;

with cash settlement options, the average, over a period of twelve (12) months ending on June 30 of the calendar year of issue or purchase, of the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc.

(3) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with cash settlement options valued on a year of issue basis, except as provided in subdivision (2), with guarantee duration in excess of ten (10) years, the lesser of the average over a period of thirty-six (36) months or the average over a period of twelve (12) months ending on June 30 of the calendar year of issue or purchase, of the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc.

(4) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with cash settlement options valued on a year of issue basis, except as provided in subdivision (2), with guarantee duration of ten (10) years or less, the average, over a period of twelve (12) months ending on June 30 of the calendar year of issue or purchase, of the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc.

(5) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with no cash settlement options, the average, over a period of twelve (12) months ending on June 30 of the calendar year of issue or purchase, of the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc.

(6) For:

(A) other annuities; and

(B) guaranteed interest contracts;

with cash settlement options valued on a change in fund basis, except as provided in subdivision (2), the average, over a period of twelve (12) months ending on June 30 of the calendar year of the change in the fund, of the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc.

(f) If:

(1) the monthly average of the composite yield on seasoned corporate bonds is no longer published by Moody's Investors Service, Inc.; or

(2) the NAIC determines that the monthly average of the composite yield on seasoned corporate bonds published by Moody's Investors Service, Inc., is no longer appropriate for the determination of the reference interest rate;

an alternative method for determination of the reference interest rate that is adopted by the NAIC and approved under rules adopted by the commissioner under IC 4-22-2 may be substituted.

As added by P.L.276-2013, SEC.10.
Ind. Code § 27-7-8-6 — Indiana Code / Title 27 / Article 7 / Chapter 8 / Section 27-7-8-6
Master group policy; individual certificates; filing; contents
Status: in_force

Sec. 6. An insurer shall issue an individual or master policy that serves as evidence of a contractual obligation. A certificate of coverage must be issued to each individual under a group policy. All such documents must be filed with the commissioner as required under this title. In addition to those provisions, each policy or certificate concerning legal insurance must contain a complete and clear statement of:

(1) the legal benefits to which the insured is entitled;

(2) any limitation or exclusion on the services, kinds of services, benefits to be provided, including deductible or copayment features; and

(3) where information is available as to how services may be obtained.

As added by Acts 1978, P.L.129, SEC.2.
Ind. Code § 27-11-5-3 — Indiana Code / Title 27 / Article 11 / Chapter 5 / Section 27-11-5-3
Reinsurance agreements
Status: in_force

Sec. 3. (a) A domestic society may by a reinsurance agreement cede any individual risk or risks in whole or in part to an insurer (other than another fraternal benefit society) having the power to make the reinsurance and authorized to do business in this state or, if not so authorized, one that is approved by the commissioner, but no society may reinsure substantially all of its insurance in force without the written permission of the commissioner. It may take credit for the reserves on the ceded risks to the extent reinsured, but no credit shall be allowed as an admitted asset or as a deduction from liability to a ceding society for reinsurance made, ceded, renewed, or otherwise becoming effective after December 31, 1985, unless the reinsurance is payable by the assuming insurer on the basis of the liability of the ceding society under the contract or contracts reinsured without diminution because of the insolvency of the ceding society.

(b) Notwithstanding the limitation in subsection (a), a society may reinsure the risks of another society in a consolidation or merger approved by the commissioner under section 4 of this chapter.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-1-7-14 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-14
Bonding officers having access to money or securities; blanket bond
Status: in_force

Sec. 14. All officers and home office employees of every corporation having control of or access to moneys or securities of such corporation in the regular discharge of their duties, shall, before entering upon the performance of their duties, execute their individual bonds with adequate surety payable to the corporation to indemnify the corporation for any pecuniary loss it shall sustain of money or other personal property by any act or acts of fraud, dishonesty, forgery, theft, embezzlement, wrongful abstraction, or willful misapplication. The amount and form of such bonds and the sufficiency of the sureties thereon shall be approved by the board of directors of the corporation and by the department and shall be filed with the department within such time as it may prescribe. In lieu of individual bonds, a blanket bond covering all such officers and employees may be used, subject to the same approval as individual bonds. No officer or director of the corporation shall sign the bond of any other person as surety thereon required by this article. If any bonds required by this section are signed by individuals as sureties, the bonds must contain separate affidavits as to the net worth of each surety.

Formerly: Acts 1935, c.162, s.92. As amended by P.L.252-1985, SEC.30.
Ind. Code § 27-8-8-10 — Indiana Code / Title 27 / Article 8 / Chapter 8 / Section 27-8-8-10
Records of board meetings; disclosure of records; association status as creditor; application of impaired or insolvent insurer's assets
Status: in_force

Sec. 10. (a) Records must be kept of all meetings of the board to discuss the activities of the association in carrying out its powers and duties under sections 5, 5.2, and 5.4 of this chapter. Records of the association with respect to an impaired insurer or insolvent insurer must not be disclosed except:

(1) after the termination of the liquidation, rehabilitation, or conservation proceeding involving the impaired insurer or insolvent insurer; or

(2) upon the order of a court with jurisdiction if the order is made before the time described in subdivision (1).

This subsection does not limit the duty of the association to submit a report of its activities under section 12 of this chapter.

(b) For the purpose of carrying out its obligations under this chapter, the association is a creditor of the impaired insurer or insolvent insurer to the extent of assets attributable to covered policies reduced by any amounts that the association has received, from a person other than the impaired insurer or insolvent insurer, as subrogee under section 5(m), 5(o), and 5(q) of this chapter. Assets of the impaired insurer or insolvent insurer attributable to covered policies shall be used to continue all covered policies and pay all contractual obligations of the impaired insurer or insolvent insurer as required by this chapter. "Assets attributable to covered policies", as used in this subsection, is that proportion of the assets that the reserves that should have been established for such policies bear to the reserves that should have been established for all policies of insurance written by the impaired insurer or insolvent insurer.

(c) As a creditor of an impaired insurer or insolvent insurer under subsection (b) and consistent with IC 27-9-3-32, the association and other similar associations are entitled to receive disbursements of assets out of the marshaled assets, as the assets become available to reimburse the association or another similar association, as a credit against contractual obligations under this chapter. If the liquidator has not, within one hundred twenty (120) days after a member insurer becomes an insolvent insurer, made an application to the court for the approval of a proposal to disburse assets out of marshaled assets to guaranty associations having obligations because of the insolvency, the association is entitled to make application to the receivership court for approval of the association's own proposal to disburse the assets.

(d) Before the termination of a liquidation, rehabilitation, or conservation proceeding, the court may take into consideration the contributions of the respective parties, including the association, the shareholders, the policy owners, and the insureds of the impaired insurer or insolvent insurer, and any other party with a bona fide interest, in making an equitable distribution of the ownership rights of the impaired insurer or insolvent insurer. In making the determination, the court shall consider the welfare of the policy owners and insureds of the continuing or successor member insurer.

(e) A distribution to stockholders of an impaired insurer or insolvent insurer must not be made until the total amount of valid claims of the association, with interest, for funds expended in carrying out the association's powers and duties under sections 5, 5.2, 5.4, and 5.5 of this chapter with respect to the impaired insurer or insolvent insurer, have been fully recovered by the association.

As added by Acts 1978, P.L.129, SEC.3. Amended by P.L.193-2006, SEC.24; P.L.208-2018, SEC.22.
Ind. Code § 27-13-9-1.5 — Indiana Code / Title 27 / Article 13 / Chapter 9 / Section 27-13-9-1.5
List of providers
Status: in_force

Sec. 1.5. (a) A health maintenance organization shall provide any insurance producer who has contracted with the health maintenance organization with access to a complete list of every participating provider that provides health care services through the health maintenance organization.

(b) A health maintenance organization shall make the information described in subsection (a) available on the health maintenance organization's portal for insurance producer communications.

As added by P.L.86-2026, SEC.28.
Ind. Code § 27-2-25-11 — Indiana Code / Title 27 / Article 2 / Chapter 25 / Section 27-2-25-11
"Provider facility"
Status: in_force

Sec. 11. As used in this chapter, "provider facility" means any of the following:

(1) A hospital licensed under IC 16-21-2.

(2) An ambulatory outpatient surgical center licensed under IC 16-21-2.

(3) A birthing center licensed under IC 16-21-2.

(4) Except for an urgent care facility (as defined by IC 27-1-46-10.5), a facility that provides diagnostic services to the medical profession or the general public.

(5) A laboratory where clinical pathology tests are carried out on specimens to obtain information about the health of a patient.

(6) A facility where radiologic and electromagnetic images are made to obtain information about the health of a patient.

(7) An infusion center that administers intravenous medications.

As added by P.L.93-2020, SEC.13. Amended by P.L.9-2022, SEC.51; P.L.36-2022, SEC.12; P.L.179-2022(ss), SEC.44.
Ind. Code § 27-13-38-8 — Indiana Code / Title 27 / Article 13 / Chapter 38 / Section 27-13-38-8
Application; definitions; denial of coverage to synchronize prohibited; coverage of synchronization
Status: in_force

Sec. 8. (a) This section does not apply to a mail order pharmacy or to specialty drugs.

(b) This section applies to an individual contract or a group contract that provides coverage for prescription medications.

(c) As used in this section, "synchronize" means to use a single pharmacy dispensing process as a means of coordinating the enrollee's medications at the same time when:

(1) a particular medication:

(A) is of a formulation that can be effectively split; and

(B) does not have quantity limits or dose optimization criteria as specified in the individual or group contract's formulary and prior authorization requirements;

(2) the enrollee is on a stabilized treatment plan for a chronic condition and the synchronization is for those drugs treating a chronic condition; and

(3) the medication is not:

(A) an opioid, stimulant, sedative, or hypnotic medication; or

(B) another medication that is addictive and subject to abuse.

(d) An individual contract or group contract that provides coverage for prescription drugs may not deny coverage for the refill of any drug prescribed for the treatment of a chronic illness that is made in accordance with a plan between the enrollee and a pharmacist to synchronize the refilling of multiple prescriptions for the enrollee.

(e) An individual contract or a group contract must provide coverage for a medication that is dispensed in a quantity that allows synchronization of the enrollee's medications in accordance with a plan made between the enrollee and the pharmacy to synchronize the enrollee's medications for chronic conditions.

As added by P.L.202-2017, SEC.21.
Ind. Code § 27-15-4-7 — Indiana Code / Title 27 / Article 15 / Chapter 4 / Section 27-15-4-7
Issuance of commissioner's determination
Status: in_force

Sec. 7. (a) The commissioner shall fully consider any comments received at a required hearing consistent with IC 4-22-2-27 before issuing an order approving or disapproving the application, plan of conversion, and amendment to the articles of incorporation.

(b) The commissioner's order or determination shall:

(1) be issued within thirty (30) days after the last day of the public hearing or, for a simple plan of conversion, within ninety (90) days after the filing of an application for approval of the plan;

(2) be in writing; and

(3) detail the reasons why the converting mutual's application is approved or disapproved.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-2-18-6 — Indiana Code / Title 27 / Article 2 / Chapter 18 / Section 27-2-18-6
"Material nonrenewal, cancellation, or revision of a ceded reinsurance agreement" defined; reportable material revisions
Status: in_force

Sec. 6. (a) As used in this chapter, "material nonrenewal, cancellation, or revision of a ceded reinsurance agreement" has the following meanings:

(1) When used in connection with property and casualty business, including accident and sickness insurance business written by a property and casualty insurer, the term means a nonrenewal, cancellation, or revision that affects:

(A) more than fifty percent (50%) of the insurer's total ceded written premium; or

(B) more than fifty percent (50%) of the insurer's total ceded indemnity and loss adjustment reserves.

(2) When used in connection with life insurance or accident and sickness insurance business, the term means a nonrenewal, cancellation, or revision that affects more than fifty percent (50%) of the total reserve credit taken for business ceded on an annualized basis, as indicated in the insurer's most recent annual statement.

(b) The following events constitute a material revision of a ceded reinsurance agreement for property and casualty insurance, life insurance, or accident and sickness insurance business meeting the requirements of subsection (a) and must be reported:

(1) An authorized reinsurer representing more than ten percent (10%) of a total cession is replaced by one (1) or more unauthorized reinsurers.

(2) Previously established collateral requirements have been reduced or waived as respects one (1) or more unauthorized reinsurers representing collectively more than ten percent (10%) of a total cession.

(c) A nonrenewal, cancellation, or revision of a ceded reinsurance agreement is not material and a filing is not required under subsection (a) or (b) for the following:

(1) In connection with property and casualty business, including accident and sickness insurance business written by a property and casualty insurer, the insurer's total ceded written premium represents, on an annualized basis, less than ten percent (10%) of the insurer's total written premiums for direct and assumed business.

(2) In connection with life insurance or accident and sickness insurance business, the total reserve credit taken for business ceded represents, on an annualized basis, less than ten percent (10%) of the statutory reserve requirement before any cession.

As added by P.L.251-1995, SEC.17.
Ind. Code § 27-1-43.2-1 — Indiana Code / Title 27 / Article 1 / Chapter 43.2 / Section 27-1-43.2-1
"Ancillary protection product"
Status: in_force

Sec. 1. (a) As used in this chapter, "ancillary protection product" means a protective chemical, substance, device, or system that is:

(1) installed on or applied to a motor vehicle;

(2) formulated or designed to:

(A) prevent; or

(B) minimize the likelihood of;

a specified loss or damage to a motor vehicle from a specific cause; and

(3) sold with a service contract under which the provider agrees to pay specified incidental costs incurred by the holder as a result of the failure of the chemical, substance, device, or system to prevent or minimize the loss or damage described in subdivision (2).

(b) As used in this chapter, "ancillary protection product" includes the following:

(1) Protective chemicals.

(2) Alarm systems.

(3) Body part marking products.

(4) Steering locks.

(5) Window etching products.

(6) Pedal and ignition locks.

(7) Fuel and ignition kill switches.

(8) Electronic, radio, and satellite tracking devices.

(c) As used in this chapter, "ancillary protection product" does not include the following:

(1) Fuel additives.

(2) Oil additives.

(3) Other chemical products applied to the engine, transmission, or fuel system of a motor vehicle.

As added by P.L.129-2014, SEC.10.
Ind. Code § 27-13-7-14.5 — Indiana Code / Title 27 / Article 13 / Chapter 7 / Section 27-13-7-14.5
Coverage for nonexperimental, surgical treatment of morbid obesity
Status: in_force

Sec. 14.5. (a) As used in this section, "health care provider" means a:

(1) physician licensed under IC 25-22.5; or

(2) hospital licensed under IC 16-21;

that provides health care services for surgical treatment of morbid obesity.

(b) As used in this section, "morbid obesity" means:

(1) a body mass index of at least thirty-five (35) kilograms per meter squared with comorbidity or coexisting medical conditions such as hypertension, cardiopulmonary conditions, sleep apnea, or diabetes; or

(2) a body mass index of at least forty (40) kilograms per meter squared without comorbidity.

For purposes of this subsection, body mass index equals weight in kilograms divided by height in meters squared.

(c) Except as provided in subsection (d), a health maintenance organization that provides coverage for basic health care services under a group contract shall offer coverage for nonexperimental, surgical treatment by a health care provider of morbid obesity:

(1) that has persisted for at least five (5) years; and

(2) for which nonsurgical treatment that is supervised by a physician has been unsuccessful for at least six (6) consecutive months.

(d) A health maintenance organization that provides coverage for basic health care services may not provide coverage for surgical treatment of morbid obesity for an enrollee who is less than twenty-one (21) years of age unless two (2) physicians licensed under IC 25-22.5 determine that the surgery is necessary to:

(1) save the life of the enrollee; or

(2) restore the enrollee's ability to maintain a major life activity (as defined in IC 4-23-29-6);

and each physician documents in the enrollee's medical record the reason for the physician's determination.

As added by P.L.78-2000, SEC.3. Amended by P.L.196-2005, SEC.6; P.L.102-2006, SEC.5.
Ind. Code § 27-8-22-3 — Indiana Code / Title 27 / Article 8 / Chapter 22 / Section 27-8-22-3
"Representative" defined
Status: in_force

Sec. 3. As used in this chapter, "representative" has the meaning set forth in IC 16-36-1-2.

As added by P.L.1-1994, SEC.139.
Ind. Code § 27-9-3-34.5 — Indiana Code / Title 27 / Article 9 / Chapter 3 / Section 27-9-3-34.5
Administration of large deductible worker's compensation policy
Status: in_force

Sec. 34.5. (a) This section:

(1) applies to a worker's compensation large deductible policy issued by an insurer that is subject to this chapter; and

(2) does not apply to first party claims or claims funded by the guaranty association net of the deductible.

(b) To the extent that the terms of a large deductible policy conflict with this section, the policy must be administered in accordance with this section.

(c) Unless otherwise agreed by the guaranty association, all deductible claims that are covered claims (as defined in IC 27-6-8-4), including claims funded by an insured before liquidation, must be referred to the guaranty association for processing. To the extent an insured funds or pays a deductible claim under an agreement with the guaranty association or otherwise, the insured's funding or payment of the deductible claim extinguishes any obligation of the receiver or the guaranty association to pay the claim. A charge may not be made against the receiver or the guaranty association on the basis of an insured's funding or payment of a deductible claim.

(d) The following apply when the guaranty association pays a deductible claim:

(1) If the guaranty association pays a deductible claim for which the insurer would have been entitled to reimbursement from the insured, the guaranty association is entitled to the full amount of the reimbursement and available collateral to the extent necessary to reimburse the guaranty association. Reimbursements paid to the guaranty association under this subsection are not early access payments under section 32 of this chapter or distributions under section 40 of this chapter.

(2) If the guaranty association pays:

(A) a deductible claim that is not reimbursed:

(i) from collateral; or

(ii) by payment by the insured; or

(B) an incurred expense in connection with a large deductible policy that is not reimbursed;

the guaranty association is entitled to assert a claim for the payments in the delinquency proceeding.

(e) Subsection (d) does not limit the receiver's or guaranty association's rights under other applicable law to obtain reimbursement from an insured for claim payments made by the guaranty association:

(1) under the policies of the insurer; or

(2) for the guaranty association's related expenses;

including payments described in IC 27-6-8-11.5 or under another state's similar law.

(f) A receiver shall do the following:

(1) Upon receipt by the receiver of notice from the guaranty association of reimbursable payments for which the guaranty association has not been reimbursed, bill an insured for reimbursement of deductible claims:

(A) paid by the insurer before the commencement of delinquency proceedings;

(B) paid by the guaranty association; or

(C) paid or allowed by the receiver.

(2) If an insured that is billed under subdivision (1) does not make payment within:

(A) the time specified in the large deductible policy; or

(B) if no time is specified in the large deductible policy, sixty (60) days after the date of billing;

the receiver shall pursue all commercially reasonable actions to collect the payment.

(g) The following do not relieve an insured from the insured's reimbursement obligation under a large deductible policy and this chapter:

(1) An insurer's insolvency.

(2) An insurer's inability to perform the insurer's obligations.

(3) An allegation of improper processing or payment of a deductible claim, except for gross negligence, by the:

(A) insurer;

(B) receiver; or

(C) guaranty association.

(h) With respect to collateral, the following apply:

(1) A receiver shall use available collateral to secure:

(A) an insured's obligation to fund or reimburse deductible claims; and

(B) other secured obligations or payment obligations.

The guaranty association is entitled to collateral to the extent needed to reimburse the guaranty association for the guaranty association's payment of a deductible claim. A distribution to the guaranty association under this subdivision is not an early access payment under section 32 of this chapter or a distribution under section 40 of this chapter.

(2) A receiver shall pay all claims against collateral in the order received, and a claim of the receiver, including claims described in this subsection, does not supersede any other claim against the collateral as described in subdivision (4).

(3) A receiver shall draw down collateral to the extent necessary if the insured fails to do any of the following:

(A) Perform the insured's funding or payment obligations under the large deductible policy.

(B) Pay a deductible claim reimbursement within the time specified in subsection (f)(2).

(C) Pay amounts due to the insurer estate for pre-liquidation obligations.

(D) Fund any other secured obligation within:

(i) the time specified in the large deductible policy; or

(ii) another reasonable period.

(E) Pay expenses within the time specified in subsection (f)(2).

(4) A receiver shall pay all claims that are validly asserted against the collateral in the order in which the claims are received by the receiver.

(5) A receiver shall return to an insured any excess collateral, as determined by the receiver after a periodic review of claims paid, outstanding case reserves, and a factor for incurred but not reported claims.

As added by P.L.72-2016, SEC.25.
Ind. Code § 27-7-18-18 — Indiana Code / Title 27 / Article 7 / Chapter 18 / Section 27-7-18-18
Prohibition on waiver
Status: in_force

Sec. 18. The provisions of this chapter cannot be waived by contract. A contract provision that:

(1) conflicts with this chapter; or

(2) purports to waive any requirements of this chapter;

is null and void.

As added by P.L.17-2024, SEC.19.
Ind. Code § 27-1-12.6-9 — Indiana Code / Title 27 / Article 1 / Chapter 12.6 / Section 27-1-12.6-9
Disapproval of benefits
Status: in_force

Sec. 9. The commissioner may disapprove any individual annuity contract or contracts issued for delivery in Indiana which do not provide a cash surrender value in accordance with IC 27-1-12.5 upon cessation of the payment of considerations under the contract, if in his opinion the annuity would otherwise be misleading, deceptive or unfair to the purchaser. This provision does not, however, apply (i) to such contract delivered in connection with a pension, profit-sharing or employee benefit plan funded in whole or in part by employer contributions, (ii) to annuities purchased in connection with the termination or winding up of a pension, profit-sharing, or employee benefit plan, or (iii) to an individual annuity contract issued by a company organized and operated without profit to any private shareholder or individual, exclusively for the purpose of aiding nonproprietary education and scientific institutions, and providing a nationwide pension system featuring full funding and full and immediate vesting of benefits.

As added by Acts 1977, P.L.286, SEC.2.
Ind. Code § 27-1-46-11 — Indiana Code / Title 27 / Article 1 / Chapter 46 / Section 27-1-46-11
Right of individual to request good faith estimate from provider facility; duty of provider facility to provide estimate; required contents
Status: in_force

Sec. 11. (a) This section does not:

(1) apply to an individual who is a Medicaid recipient; or

(2) limit the authority of a legal representative of the patient.

(b) An individual for whom a nonemergency health care service has been ordered, scheduled, or referred may request from the provider facility in which the nonemergency health care service will be provided a good faith estimate of the price that will be charged for the nonemergency health care service.

(c) A provider facility that receives a request from an individual under subsection (b) shall, not more than two (2) business days after receiving relevant information from the individual, provide to the individual a good faith estimate of:

(1) the price that the provider facility in which the health care service will be performed will charge for:

(A) the use of the provider facility to care for the individual for the nonemergency health care service;

(B) the services rendered by the employed or contracted staff of the provider facility in connection with the nonemergency health care service; and

(C) medication, supplies, equipment, and material items to be provided to or used by the individual while the individual is present in the provider facility in connection with the nonemergency health care service; and

(2) the price charged for the services of all practitioners, support staff, and other persons who provide professional health services:

(A) who may provide services to or for the individual during the individual's presence in the provider facility for the nonemergency health care service; and

(B) for whose services the individual will be charged separately from the charge of the provider facility.

(d) The price that must be included in a good faith estimate under this section includes all services under subsection (c)(1) or (c)(2) for imaging, laboratory services, diagnostic services, therapy, observation services, and other services expected to be provided to the individual for the episode of care.

(e) A provider facility shall ensure that a good faith estimate states that:

(1) an estimate provided under this section is not binding on the provider facility;

(2) the price the provider facility charges the individual may vary from the estimate based on the individual's medical needs; and

(3) the estimate provided under this section is only valid for thirty (30) days.

(f) A provider facility may not charge a patient for information provided under this section.

As added by P.L.93-2020, SEC.12. Amended by P.L.202-2021, SEC.13; P.L.215-2025, SEC.56.
Ind. Code § 27-1-1.5-11 — Indiana Code / Title 27 / Article 1 / Chapter 1.5 / Section 27-1-1.5-11
"Annual Statement Instructions"
Status: in_force

Sec. 11. "Annual Statement Instructions" refers to the document entitled "Annual Statement Instructions" that is:

(1) adopted by the NAIC;

(2) in effect on January 1, 2018; and

(3) applicable to a particular Annual Statement Blank.

As added by P.L.124-2018, SEC.1.
Ind. Code § 27-1-48.5-9 — Indiana Code / Title 27 / Article 1 / Chapter 48.5 / Section 27-1-48.5-9
Requirement to display information on health plan's website
Status: in_force

Sec. 9. A health plan shall display information about the procedure and documentation described in section 8 of this chapter on the health plan's website, including a link to the website for the all payer claims data base established under IC 27-1-44.5.

As added by P.L.237-2025, SEC.9.
Ind. Code § 27-7-3-3 — Indiana Code / Title 27 / Article 7 / Chapter 3 / Section 27-7-3-3
Title insurance business; authorization of domestic and foreign corporations; application of business corporation law
Status: in_force

Sec. 3. (a) Any domestic corporation having:

(1) among its purposes the insuring against loss or damage on account of encumbrances upon or defects in the title to real estate; and

(2) a physical office in Indiana;

is hereby authorized to organize under IC 23-1, and any foreign corporation, having among its purposes the insuring against loss or damage on account of encumbrances upon or defects in the title to real estate, is hereby authorized to and may be admitted to do business in this state under IC 23-1. Any domestic or foreign corporation, organized or admitted to do business before or after June 7, 1937, as provided in this section, may engage in business as a title insurance company by complying with the provisions of this chapter.

(b) A domestic corporation admitted to do business as described in subsection (a) shall provide written notice to the department of insurance and all policyholders of a change in location of the domestic corporation's physical office in Indiana, including the address and telephone number of the new location.

Formerly: Acts 1937, c.104, s.3. As amended by P.L.252-1985, SEC.249; P.L.11-2011, SEC.28.
Ind. Code § 27-1-37.2-6 — Indiana Code / Title 27 / Article 1 / Chapter 37.2 / Section 27-1-37.2-6
Qualifications
Status: in_force

Sec. 6. The commissioner shall appoint a health insurance educator who must possess expertise in the areas of health benefit plans, education, and advocacy.

As added by P.L.258-2001, SEC.1.
Ind. Code § 27-8-5-17 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-17
Exceptions; discretionary groups; group accident and sickness insurance
Status: in_force

Sec. 17. (a) A group accident and sickness insurance policy shall not be delivered or issued for delivery in Indiana to a group that is not described in section 16(1)(A), 16(2)(A), 16(3)(A), 16(4)(A), 16(5)(A), 16(6)(A), 16(7), or 16(8) of this chapter unless:

(1) the group applies to the commissioner for approval as a discretionary group;

(2) the commissioner reviews the group according to the same standards as a group described in section 16 of this chapter; and

(3) the commissioner finds that:

(A) the issuance of the policy is not contrary to the best interest of the public;

(B) the issuance of the policy would result in economies of acquisition or administration; and

(C) the benefits of the policy are reasonable in relation to the premiums charged.

(b) Except as otherwise provided in this chapter, an insurer may exclude or limit the coverage under a policy described in subsection (a) on any person as to whom evidence of individual insurability is not satisfactory to the insurer.

As added by P.L.257-1985, SEC.3. Amended by P.L.268-1987, SEC.2; P.L.125-1992, SEC.2; P.L.185-1996, SEC.13; P.L.218-2007, SEC.47; P.L.11-2011, SEC.31.
Ind. Code § 27-7-3-22 — Indiana Code / Title 27 / Article 7 / Chapter 3 / Section 27-7-3-22
Closing protection letter; fee
Status: in_force

Sec. 22. (a) In a residential real estate transaction described in subsection (f) in which:

(1) a title policy is issued by a company or title insurance producer on behalf of a company; and

(2) the company or title insurance producer will also act as a settlement or closing agent;

the company or title insurance producer shall issue a closing protection letter to the lender, borrower, buyer, and seller of the property. A company authorized to do business under section 3 of this chapter shall charge a fee approved under subsection (e) to each party receiving the benefit of a closing protection letter.

(b) In a nonresidential real estate transaction in which:

(1) a title policy is issued by a company or title insurance producer on behalf of a company; and

(2) the company or title insurance producer will also act as a settlement or closing agent;

the company or title insurance producer may issue a closing protection letter to the lender, borrower, buyer, and seller of the property on request.

(c) A closing protection letter issued under this section must indemnify the party to which the closing protection letter is issued against any loss of settlement funds (under the terms and conditions of the closing protection letter) that results from the following acts of the company or title insurance producer that issues the closing protection letter:

(1) Theft or misappropriation of settlement funds in connection with a transaction in which the title policy is issued, only to the extent that the theft or misappropriation relates to the:

(A) status of title to; or

(B) validity, enforceability, and priority of the lien of the mortgage on;

the party's interest in land.

(2) Failure to comply with the written closing instructions agreed to by the company or title insurance producer acting as the settlement agent, only to the extent that the failure relates to the:

(A) status of title to; or

(B) validity, enforceability, and priority of the lien of the mortgage on;

the party's interest in land.

(d) The issuance of a closing protection letter under this section in contemplation of or in conjunction with the issuance of a title insurance policy is part of the business of title insurance for purposes of section 3 of this chapter.

(e) The amount of the fee that a company authorized to do business under section 3 of this chapter charges to each party receiving the benefits of a closing protection letter:

(1) must be submitted to and approved by the commissioner under IC 27-1-22-28; and

(2) is not subject to an agreement requiring a division of fees or premiums collected on behalf of the company.

(f) Subsection (a) applies to the following transactions:

(1) A mortgage transaction (as defined in IC 37-5-3-7(a)) that:

(A) is:

(i) a first lien purchase money mortgage transaction; or

(ii) a refinancing transaction; and

(B) is closed by a closing agent after December 31, 2009.

(2) A real estate transaction (as defined in IC 37-5-3-7(b)) that:

(A) does not involve a mortgage transaction described in subdivision (1); and

(B) is closed by a closing agent (as defined in IC 6-1.1-12-43(a)(2)) after December 31, 2011.

As added by P.L.80-2013, SEC.4. Amended by P.L.236-2025, SEC.10; P.L.115-2026, SEC.52.
Ind. Code § 27-2-15-4.3 — Indiana Code / Title 27 / Article 2 / Chapter 15 / Section 27-2-15-4.3
Application of chapter
Status: in_force

Sec. 4.3. (a) This chapter applies to damage to or loss of a building or structure caused by fire or explosion only if all of the following are true:

(1) The municipality in which the building or structure is located is included on the list maintained by the department under section 4.4(b) of this chapter.

(2) The fire or explosion occurs on or after the effective date specified by the department for the municipality under section 4.4(b) of this chapter.

(3) The amount of the final settlement concerning the damage or loss exceeds seventy-five percent (75%) of available insurance proceeds.

(4) If the insurer, in good faith, withheld payment under an insurance policy due to:

(A) suspected arson;

(B) suspected fraud; or

(C) another question concerning coverage;

the reason for withholding payment has been resolved and final settlement concerning the damage or loss has occurred.

As added by P.L.238-2013, SEC.5.
Ind. Code § 27-8-28-3 — Indiana Code / Title 27 / Article 8 / Chapter 28 / Section 27-8-28-3
"Covered individual"
Status: in_force

Sec. 3. As used in this chapter, "covered individual" means an individual who is covered under an accident and sickness insurance policy.

As added by P.L.66-2001, SEC.2 and P.L.203-2001, SEC.13.
Ind. Code § 27-1-50-8 — Indiana Code / Title 27 / Article 1 / Chapter 50 / Section 27-1-50-8
Rebates; pass through to plan sponsor
Status: in_force

Sec. 8. An insurer shall pass through to a plan sponsor one hundred percent (100%) of all rebates concerning the dispensing or administration of prescription drugs to the covered individuals of the plan sponsor.

As added by P.L.166-2023, SEC.3.
Ind. Code § 27-1-37.2-1 — Indiana Code / Title 27 / Article 1 / Chapter 37.2 / Section 27-1-37.2-1
"Health benefit plan" defined
Status: in_force

Sec. 1. As used in this chapter, "health benefit plan" means coverage for health care services provided under:

(1) a policy of accident and sickness insurance (as defined in IC 27-8-5-1);

(2) a contract with a health maintenance organization under IC 27-13; or

(3) any other benefit program that provides payment, reimbursement, or indemnification for the costs of health care except:

(A) worker's compensation or similar insurance; or

(B) benefits provided under a certificate of exemption issued by the worker's compensation board under IC 22-3-2-5.

As added by P.L.258-2001, SEC.1.
Ind. Code § 27-1-23.5-1 — Indiana Code / Title 27 / Article 1 / Chapter 23.5 / Section 27-1-23.5-1
Application of chapter
Status: in_force

Sec. 1. This chapter applies beginning January 1, 2015.

As added by P.L.129-2014, SEC.8.
Ind. Code § 27-1-42-6 — Indiana Code / Title 27 / Article 1 / Chapter 42 / Section 27-1-42-6
"Insurer"
Status: in_force

Sec. 6. As used in this chapter, "insurer" refers to an insurer (as defined in IC 27-1-2-3) that issues a policy of property or casualty insurance.

As added by P.L.70-2013, SEC.1.
Ind. Code § 27-2-25-5 — Indiana Code / Title 27 / Article 2 / Chapter 25 / Section 27-2-25-5
"In network"
Status: in_force

Sec. 5. As used in this chapter, "in network", when used in reference to a practitioner, means that the health care services provided by the practitioner are subject to a health carrier's network plan.

As added by P.L.93-2020, SEC.13.
Ind. Code § 27-1-44.5-8 — Indiana Code / Title 27 / Article 1 / Chapter 44.5 / Section 27-1-44.5-8
Data base requirements
Status: in_force

Sec. 8. The data base must do the following:

(1) Provide an online, public web portal that is free to use and allows the public to view the average negotiated charges by each health carrier for specific health care services provided by an individual health care provider, as well as the quality metrics for facilities and providers for specific health care services. Facilities and providers include hospitals, physician groups, ambulatory outpatient surgical centers, physical therapy offices, imaging centers, laboratories, infusion clinics, pharmacies, and any other location providing health care services.

(2) Be available to the public as a resource to insurers, consumers, employers, providers, purchasers of health care, and state agencies to allow for continuous review of health care utilization, expenditures, and quality and safety performance in the state.

(3) Be available to state agencies and private entities in the state that are engaged in efforts to improve health care, subject to rules adopted by the department.

(4) Be presented to allow for comparisons of geographic, demographic, and economic factors and institutional size.

(5) Present data in a consumer friendly manner.

As added by P.L.195-2021, SEC.8.
Ind. Code § 27-14.5-1-4 — Indiana Code / Title 27 / Article 14.5 / Chapter 1 / Section 27-14.5-1-4
Definitions for article
Status: in_force

Sec. 4. The definitions set forth in this chapter apply throughout this article.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-1-37-6.5 — Indiana Code / Title 27 / Article 1 / Chapter 37 / Section 27-1-37-6.5
"Health plan"; study on commercial physician reimbursement rate requirement; report
Status: in_force

Sec. 6.5. (a) As used in this section, "health plan" means any of the following that provides coverage for health care services:

(1) A policy of accident and sickness insurance (as defined in IC 27-8-5-1). However, the term does not include the coverages described in IC 27-8-5-2.5(a).

(2) A contract with a health maintenance organization (as defined in IC 27-13-1-19) that provides coverage for basic health care services (as defined in IC 27-13-1-4).

(b) Before July 1, 2026, the office of management and budget shall study the effect, including the fiscal impact, of requiring physician reimbursement rates under a commercial health plan to be at a minimum rate.

(c) The office of management and budget shall report the findings of the study under this section to:

(1) the governor; and

(2) the general assembly in an electronic format under IC 5-14-6.

(d) This section expires December 31, 2026.

As added by P.L.216-2025, SEC.44.
Ind. Code § 27-7-3-20 — Indiana Code / Title 27 / Article 7 / Chapter 3 / Section 27-7-3-20
Limitation on risks
Status: in_force

Sec. 20. (a) As used in this section, "any one (1) risk" means a risk or hazard that arises in connection with any one (1) piece or parcel of property, whether or not the policy insures other property.

(b) Any company organized to issue title insurance in Indiana may not expose itself to any one (1) risk in an amount exceeding fifty percent (50%) of the aggregate amount of its total capital and surplus and its reserves other than its loss of claim reserves.

(c) Any risk or portion of any risk that has been reinsured as authorized under IC 27-7, must be deducted in determining the limitation of risk prescribed in this section.

As added by Acts 1982, P.L.162, SEC.2.
Ind. Code § 27-9-1-6 — Indiana Code / Title 27 / Article 9 / Chapter 1 / Section 27-9-1-6
Bonds of commissioner and deputies
Status: in_force

Sec. 6. In any proceeding under IC 27-9, the commissioner and his deputies are responsible on their official bonds for the faithful performance of their duties. If the court considers it desirable for the protection of the insurer's assets, the court may at any time require an additional bond from the commissioner or his deputies. Those bonds shall be paid for out of the assets of the insurer as a cost of administration.

As added by Acts 1979, P.L.255, SEC.1.
Ind. Code § 27-1-34-2 — Indiana Code / Title 27 / Article 1 / Chapter 34 / Section 27-1-34-2
Certificate of registration
Status: in_force

Sec. 2. (a) An arrangement must annually obtain a certificate of registration from the department under rules adopted by the commissioner.

(b) An arrangement that does not obtain a certificate of registration described in subsection (a) or violates the requirements of this chapter is subject to IC 27-4.

As added by P.L.1-1992, SEC.149.
Ind. Code § 27-7-17.5-8 — Indiana Code / Title 27 / Article 7 / Chapter 17.5 / Section 27-7-17.5-8
Third party administrators; fee amount
Status: in_force

Sec. 8. A third party administrator or other person that:

(1) is not a dental plan; but

(2) arranges for providers to provide dental services through dental plans or through another sort of network arrangement;

shall not arrange for a provider to provide dental services for a dental plan that sets the amount of the fee for the dental services unless the dental services are covered services under the dental plan.

As added by P.L.42-2022, SEC.1.
Ind. Code § 27-1-37.7-1 — Indiana Code / Title 27 / Article 1 / Chapter 37.7 / Section 27-1-37.7-1
"Department"
Status: in_force

Sec. 1. As used in this chapter, "department" refers to the department of insurance created by IC 27-1-1-1.

As added by P.L.215-2025, SEC.53.
Ind. Code § 27-15-16-4 — Indiana Code / Title 27 / Article 15 / Chapter 16 / Section 27-15-16-4
Failure to give notice; good faith exception
Status: in_force

Sec. 4. If a converting mutual complies substantially and in good faith with this article with respect to any required notice to members and policyholders, its failure in any case to give the notice to any person entitled to notice does not:

(1) impair the validity of actions taken under this article; or

(2) entitle the person to any injunctive or other relief.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-8-27-7 — Indiana Code / Title 27 / Article 8 / Chapter 27 / Section 27-8-27-7
Repealed
Status: repealed

As added by P.L.121-1999, SEC.13. Repealed by P.L.246-2005, SEC.231.
Ind. Code § 27-15-4-4 — Indiana Code / Title 27 / Article 15 / Chapter 4 / Section 27-15-4-4
Notice of hearing
Status: in_force

Sec. 4. (a) The converting mutual shall provide at least thirty (30) days prior written notice of the hearing to its members and other policyholders as of the date its board of directors adopted the resolution proposing the plan of conversion.

(b) The notice must include the following:

(1) A brief statement of the subject of the hearing, the date, time, and location of the hearing.

(2) A description of members eligible to vote on the plan of conversion and the amendment to the articles of incorporation.

(3) A statement that the members and policyholders may examine, at the department, the public record portion of the application submitted to the commissioner.

(4) The address and telephone number of the converting mutual and, if different, the former mutual.

(c) The converting mutual shall provide the commissioner with the proposed form and content of the notice not less than fifteen (15) days before notice is to be provided to the members and policyholders, and the commissioner shall approve or disapprove the form and content of the notice within ten (10) days after its submission to the commissioner. The notice to members and other policyholders shall, after approval by the commissioner, be provided by mail or other means approved by the commissioner.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-15-4-1 — Indiana Code / Title 27 / Article 15 / Chapter 4 / Section 27-15-4-1
Commissioner's determination of application completeness; designation of date for public hearing
Status: in_force

Sec. 1. (a) The commissioner shall determine, within forty-five (45) days after the later of:

(1) the submission of an application for approval of a plan of conversion; or

(2) the submission of any amendment to the application;

whether the application is complete.

(b) Upon determining that the application is complete, the commissioner shall designate a date for a public hearing on the plan of conversion and the amendment to the articles of incorporation.

(c) No public hearing by the commissioner under this chapter is required for a simple plan of conversion.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-2-23-1 — Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-1
Application of chapter
Status: in_force

Sec. 1. This chapter applies after June 30, 2015.

As added by P.L.90-2014, SEC.1.
Ind. Code § 27-1-43.2-19 — Indiana Code / Title 27 / Article 1 / Chapter 43.2 / Section 27-1-43.2-19
Rules
Status: in_force

Sec. 19. The commissioner may adopt rules under IC 4-22-2 to implement this chapter.

As added by P.L.129-2014, SEC.10.
Ind. Code § 27-1-29.1-4 — Indiana Code / Title 27 / Article 1 / Chapter 29.1 / Section 27-1-29.1-4
"Member" defined
Status: in_force

Sec. 4. As used in this chapter "member" refers to any political subdivision that has a membership in the fund, as provided in section 9 of this chapter.

As added by P.L.272-1987, SEC.7.
Ind. Code § 27-1-34-3 — Indiana Code / Title 27 / Article 1 / Chapter 34 / Section 27-1-34-3
Benefits under an employee benefit plan
Status: in_force

Sec. 3. An arrangement may provide benefits under an employee benefit plan in Indiana only through an employee benefit plan that has been filed and approved by the department of insurance.

As added by P.L.1-1992, SEC.149.
Ind. Code § 27-1-37.3-6 — Indiana Code / Title 27 / Article 1 / Chapter 37.3 / Section 27-1-37.3-6
"Health care contract"
Status: in_force

Sec. 6. As used in this chapter, "health care contract" means a contract between a person and a provider specifying the rights and responsibilities of the:

(1) person; and

(2) provider;

in relation to payment for and delivery of health care services to a covered individual.

As added by P.L.55-2008, SEC.1.
Ind. Code § 27-1-3.5-6.5 — Indiana Code / Title 27 / Article 1 / Chapter 3.5 / Section 27-1-3.5-6.5
Filing annual audited financial reports by domestic insurer
Status: in_force

Sec. 6.5. Except as provided in this chapter, a domestic insurer shall file the annual audited financial reports required under this chapter for the calendar year ending December 31, 1989, and for every calendar year after 1989.

As added by P.L.220-2011, SEC.420.
Ind. Code § 27-7-8-5 — Indiana Code / Title 27 / Article 7 / Chapter 8 / Section 27-7-8-5
Group policies; rights to obtain individual coverage
Status: in_force

Sec. 5. (a) A group policy must contain a provision that allows an insured member who no longer qualifies for group coverage to obtain an individual policy with similar coverage.

(b) An individual desiring to obtain an individual policy as provided under subsection (a) must apply for the policy not later than thirty-one (31) days from the date on which the individual is no longer a qualified member of the group.

(c) The individual policy shall be issued on one (1) of the forms issued by the insurer for individual policies, and the premium on the policy must be at the insurer's customary rate for the class of risk to which the individual belongs.

As added by Acts 1978, P.L.129, SEC.2.
Ind. Code § 27-16-2-6 — Indiana Code / Title 27 / Article 16 / Chapter 2 / Section 27-16-2-6
"Co-employment relationship"
Status: in_force

Sec. 6. "Co-employment relationship" means a relationship:

(1) between a:

(A) client and a professional employer organization; or

(B) co-employer and a covered employee; and

(2) that results from the client and the professional employer organization entering into a professional employer agreement.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-6-8-13 — Indiana Code / Title 27 / Article 6 / Chapter 8 / Section 27-6-8-13
Examination of the association
Status: in_force

Sec. 13. (Examination of the Association) The Association shall be subject to examination and regulation by the commissioner. The board of directors shall submit, not later than March 30th of each year, a financial report for the preceding calendar year in a form approved by the commissioner.

Formerly: Acts 1971, P.L.390, SEC.1.
Ind. Code § 27-2-21-11 — Indiana Code / Title 27 / Article 2 / Chapter 21 / Section 27-2-21-11
"Insurance score"
Status: in_force

Sec. 11. As used in this chapter, "insurance score" means a number or rating that is derived from an algorithm, computer application, model, or other process that is based on credit information for the purpose of predicting the future insurance loss exposure of an individual consumer.

As added by P.L.201-2003, SEC.1.
Ind. Code § 27-1-15.7-5 — Indiana Code / Title 27 / Article 1 / Chapter 15.7 / Section 27-1-15.7-5
Certified prelicensing courses of study
Status: in_force

Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027.

Sec. 5. (a) To qualify as a certified prelicensing course of study for purposes of IC 27-1-15.6-6, an insurance producer program of study must meet all of the following criteria:

(1) Be conducted or developed by an:

(A) insurance trade association;

(B) accredited college or university;

(C) educational organization certified by the insurance producer education and continuing education commission; or

(D) insurance company licensed to do business in Indiana.

(2) Provide for self-study or instruction provided by an approved instructor in a structured setting, as follows:

(A) For life insurance producers, not less than twenty (20) hours of instruction in a structured setting or comparable self-study on:

(i) ethical practices in the marketing and selling of insurance;

(ii) requirements of the insurance laws and administrative rules of Indiana; and

(iii) principles of life insurance.

(B) For health insurance producers, not less than twenty (20) hours of instruction in a structured setting or comparable self-study on:

(i) ethical practices in the marketing and selling of insurance;

(ii) requirements of the insurance laws and administrative rules of Indiana; and

(iii) principles of health insurance.

(C) For life and health insurance producers, not less than forty (40) hours of instruction in a structured setting or comparable self-study on:

(i) ethical practices in the marketing and selling of insurance;

(ii) requirements of the insurance laws and administrative rules of Indiana;

(iii) principles of life insurance; and

(iv) principles of health insurance.

(D) For property and casualty insurance producers, not less than forty (40) hours of instruction in a structured setting or comparable self-study on:

(i) ethical practices in the marketing and selling of insurance;

(ii) requirements of the insurance laws and administrative rules of Indiana;

(iii) principles of property insurance; and

(iv) principles of liability insurance.

(E) For personal lines producers, a minimum of twenty (20) hours of instruction in a structured setting or comparable self-study on:

(i) ethical practices in the marketing and selling of insurance;

(ii) requirements of the insurance laws and administrative rules of Indiana; and

(iii) principles of property and liability insurance applicable to coverages sold to individuals and families for primarily noncommercial purposes.

(F) For title insurance producers, not less than ten (10) hours of instruction in a structured setting or comparable self-study on:

(i) ethical practices in the marketing and selling of title insurance;

(ii) requirements of the insurance laws and administrative rules of Indiana;

(iii) principles of title insurance, including underwriting and escrow issues; and

(iv) principles of the federal Real Estate Settlement Procedures Act (12 U.S.C. 2608).

(G) For annuity product producers, not less than four (4) hours of instruction in a structured setting or comparable self-study on:

(i) types and classifications of annuities;

(ii) identification of the parties to an annuity;

(iii) the manner in which fixed, variable, and indexed annuity contract provisions affect consumers;

(iv) income taxation of qualified and non-qualified annuities;

(v) primary uses of annuities; and

(vi) appropriate sales practices, replacement, and disclosure requirements.

(3) Instruction provided in a structured setting must be provided only by individuals who meet the qualifications established by the commissioner under subsection (b).

(b) The commissioner, after consulting with the insurance producer education and continuing education commission, shall adopt rules under IC 4-22-2 prescribing the criteria that a person must meet to render instruction in a certified prelicensing course of study.

(c) The commissioner shall adopt rules under IC 4-22-2 prescribing the subject matter that an insurance producer program of study must cover to qualify for certification as a certified prelicensing course of study under this section.

(d) The commissioner may make recommendations that the commissioner considers necessary for improvements in course materials.

(e) The commissioner shall designate a program of study that meets the requirements of this section as a certified prelicensing course of study for purposes of IC 27-1-15.6-6.

(f) For each person that provides one (1) or more certified prelicensing courses of study, the commissioner shall annually determine, of all individuals who received classroom instruction in the certified prelicensing courses of study provided by the person, the percentage who passed the examination required by IC 27-1-15.6-5. The commissioner shall determine only one (1) passing percentage under this subsection for all lines of insurance described in IC 27-1-15.6-7(a) for which the person provides classroom instruction in certified prelicensing courses of study.

(g) The commissioner may, after notice and opportunity for a hearing, do the following:

(1) Withdraw the certification of a course of study that does not maintain reasonable standards, as determined by the commissioner for the protection of the public.

(2) Disqualify a person that is currently qualified under subsection (b) to render instruction in a certified prelicensing course of study from rendering the instruction if the passing percentage calculated under subsection (f) is less than forty-five percent (45%).

(h) Current course materials for a prelicensing course of study that is certified under this section must be submitted to the commissioner upon request, but not less frequently than once every three (3) years.

As added by P.L.132-2001, SEC.4. Amended by P.L.64-2004, SEC.26; P.L.11-2011, SEC.14; P.L.115-2011, SEC.9; P.L.81-2012, SEC.6; P.L.158-2024, SEC.2.
Ind. Code § 27-5.1-2-40 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-40
Investment gain; policyholder surplus
Status: in_force

Sec. 40. This article does not prohibit a farm mutual insurance company from doing the following:

(1) Distributing underwriting or investment gain to policyholders of a farm mutual insurance company.

(2) Accumulating a reasonable policyholder surplus for the payment of losses or other expenses.

As added by P.L.129-2003, SEC.8.
Ind. Code § 27-13-24-8 — Indiana Code / Title 27 / Article 13 / Chapter 24 / Section 27-13-24-8
Prohibited activities before hearing
Status: in_force

Sec. 8. If the commissioner issues an order under section 3(b)(1) of this chapter and the health maintenance organization requests a hearing under section 3(d) of this chapter within the time period specified, the health maintenance organization may not:

(1) enroll any additional enrollees, except newborn children or other newly acquired dependents of existing enrollees; or

(2) engage in any advertising or solicitation;

until the commissioner takes action under section 4 of this chapter.

As added by P.L.26-1994, SEC.25. Amended by P.L.195-1996, SEC.9.
Ind. Code § 27-8-15-15 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-15
"Small employer insurer"
Status: in_force

Sec. 15. As used in this chapter, "small employer insurer" means any insurer that offers a health insurance plan covering the employees of a small employer.

As added by P.L.127-1992, SEC.1.
Ind. Code § 27-6-6-5 — Indiana Code / Title 27 / Article 6 / Chapter 6 / Section 27-6-6-5
Statement of maximum amount of single fire insurance risk; limitation on amount assumed
Status: in_force

Sec. 5. There shall be filed with the department of insurance, state of Indiana, by such attorney, whenever the department of insurance shall so require, a statement under oath of such attorney, showing, in the case of fire or casualty classifications as authorized by the insurance laws of Indiana, except title insurance, the maximum amount of indemnity upon a single risk, and no reciprocal shall assume on any single fire or casualty classifications as authorized by the insurance laws of Indiana, except title insurance, risk in an amount greater than ten percent (10%) of the net worth of the reciprocal.

Formerly: Acts 1919, c.102, s.5; Acts 1967, c.232, s.4. As amended by P.L.116-1994, SEC.53; P.L.255-1995, SEC.6.
Ind. Code § 27-1-37.6-18 — Indiana Code / Title 27 / Article 1 / Chapter 37.6 / Section 27-1-37.6-18
Requiring additional information concerning health care services rendered
Status: in_force

Sec. 18. This chapter does not preclude a health plan from requiring a health care provider to provide additional information to the health plan about health care services rendered to the health plan's members.

As added by P.L.203-2023, SEC.19.
Ind. Code § 27-8-15-11 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-11
"Midpoint rate"
Status: in_force

Sec. 11. As used in this chapter, "midpoint rate" means for small employers with similar case and benefit design characteristics the arithmetic average of the applicable base premium rate and the corresponding highest premium rate.

As added by P.L.127-1992, SEC.1.
Ind. Code § 27-1-43-9 — Indiana Code / Title 27 / Article 1 / Chapter 43 / Section 27-1-43-9
Insurance producer immunity
Status: in_force

Sec. 9. An insurance producer is not liable for harm or injury that occurs in relation to electronic delivery or nondelivery of a notice or document covered under this chapter.

As added by P.L.129-2014, SEC.9.
Ind. Code § 27-4-1-5 — Indiana Code / Title 27 / Article 4 / Chapter 1 / Section 27-4-1-5
Statement of charges; notice and hearing; intervention
Status: in_force

Sec. 5. (a) Whenever the commissioner shall have reason to believe that any such person has been engaged or is engaging in this state in any unfair method of competition or any unfair or deceptive act or practice defined in section 4 of this chapter and that a proceeding by him in respect thereto would be to the interest of the public, he shall issue and cause to be served upon such person a statement of the charges in that respect and a notice in writing of a hearing thereon to be held under IC 4-21.5-3.

(b) Whenever the hearing involves the claim, averment, or complaint of, or made by, a person who is not an investigator, deputy, examiner, or other employee of the department, a copy of the substance of such claim, averment, or complaint shall be included in or exhibited with such notice. The commissioner and department shall afford all interested persons or parties the right and opportunity for the settlement or adjustment of all claims, controversies, and issues when such persons or parties shall join in a request in writing for such opportunity.

Formerly: Acts 1947, c.112, s.5. As amended by P.L.252-1985, SEC.147; P.L.7-1987, SEC.145.
Ind. Code § 27-8-24.3-3 — Indiana Code / Title 27 / Article 8 / Chapter 24.3 / Section 27-8-24.3-3
"Individual" defined
Status: in_force

Sec. 3. As used in this chapter, "individual" means a natural person whether adult or minor.

As added by P.L.188-1996, SEC.2.
Ind. Code § 27-19-2-12 — Indiana Code / Title 27 / Article 19 / Chapter 2 / Section 27-19-2-12
"Navigator"
Status: in_force

Sec. 12. (a) Subject to subsections (b), (c), and (d), "navigator" means an individual who:

(1) is described in Section 1311(i) of PPACA (42 U.S.C. 18031(i));

(2) assists other individuals with application for and enrollment in a health benefit exchange or public health insurance program; or

(3) performs the functions of a navigator with respect to a health benefit exchange as established by the commissioner.

(b) In the commissioner's discretion, the term does not include an individual who does one (1) or more of the following:

(1) Provides assistance with application for and enrollment in Medicaid to other individuals who, based on preliminary information obtained by the individual, may be eligible for Medicaid without respect to the other individuals' income or assets.

(2) Provides other individuals with general information concerning the application process for enrollment in a public health insurance program, but does not participate with the other individuals in making application for the other individuals' enrollment in a public health insurance program.

(c) The term does not include an individual who makes presumptive eligibility determinations concerning other individuals' eligibility for enrollment in a public health insurance program.

(d) The term does not include a representative authorized by an individual to perform functions on behalf of the individual in connection with Medicaid.

As added by P.L.278-2013, SEC.27.
Ind. Code § 27-7-16-2 — Indiana Code / Title 27 / Article 7 / Chapter 16 / Section 27-7-16-2
"Casualty insurance company"
Status: in_force

Sec. 2. As used in this chapter, "casualty insurance company" has the meaning set forth in IC 27-1-2-3(t).

As added by P.L.146-2015, SEC.33.
Ind. Code § 27-15-6-1 — Indiana Code / Title 27 / Article 15 / Chapter 6 / Section 27-15-6-1
Consummation of plan
Status: in_force

Sec. 1. After the proposed plan of conversion and amendment to the converting mutual's articles of incorporation are approved by the commissioner and approved by the members under this article, the converting mutual may proceed to consummate the plan and comply with IC 27-1-8.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-1-13-0.1 — Indiana Code / Title 27 / Article 1 / Chapter 13 / Section 27-1-13-0.1
Application of certain amendments to chapter
Status: in_force

Sec. 0.1. The amendments made to section 3.5 of this chapter by P.L.88-2000 apply to financial statements filed by an insurer after December 31, 1999.

As added by P.L.220-2011, SEC.423.
Ind. Code § 27-5.1-2-1 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-1
Applicability
Status: in_force

Sec. 1. This chapter applies to a farm mutual insurance company regulated under this article.

As added by P.L.129-2003, SEC.8.
Ind. Code § 27-7-2-1.2 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-1.2
Insurers and underwriters subject to chapter
Status: in_force

Sec. 1.2. This chapter applies to all persons, firms, partnerships, corporations, associations, and systems and to associations operating as Lloyds, interinsurers, or individual underwriters authorized on or after July 1, 1935, to transact the business of making worker's compensation insurance in Indiana. All domestic, foreign, and alien companies authorized to issue worker's compensation insurance policies in Indiana are subject to this chapter.

As added by P.L.249-1989, SEC.2.
Ind. Code § 27-14.5-5-1 — Indiana Code / Title 27 / Article 14.5 / Chapter 5 / Section 27-14.5-5-1
Mutual insurance holding company is subject to rules
Status: in_force

Sec. 1. A mutual insurance holding company organized under this article is subject to any rules adopted by the commissioner under IC 4-22-2.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-8-29-22 — Indiana Code / Title 27 / Article 8 / Chapter 29 / Section 27-8-29-22
Immunity from civil liability; work product or determination
Status: in_force

Sec. 22. (a) An independent review organization is immune from civil liability for actions taken in good faith in connection with an external review under this chapter.

(b) The work product or determination, or both, of an independent review organization under this chapter are admissible in a judicial or administrative proceeding. However, the work product or determination, or both, do not, without other supporting evidence, satisfy a party's burden of proof or persuasion concerning any material issue of fact or law.

As added by P.L.66-2001, SEC.3 and P.L.203-2001, SEC.14.
Ind. Code § 27-13-7-29.5 — Indiana Code / Title 27 / Article 13 / Chapter 7 / Section 27-13-7-29.5
Coverage for prescription drugs for advanced, metastatic cancer and associated conditions
Status: in_force

Sec. 29.5. (a) This section applies only to:

(1) a prescription drug that is:

(A) consistent with best practices for the treatment of advanced, metastatic cancer or an associated condition;

(B) supported by peer reviewed, evidence based literature; and

(C) approved by the federal Food and Drug Administration; and

(2) an individual contract or a group contract that is entered into, amended, or renewed after June 30, 2026.

(b) As used in this section, "advanced, metastatic cancer" means cancer that has spread from the primary or original site of the cancer to nearby tissues, lymph nodes, or other areas or parts of the body.

(c) As used in this section, "associated conditions" means the symptoms or side effects directly attributable to advanced, metastatic cancer or its treatment, which based on the recommendation of a health care practitioner and in accordance with documented clinical evidence and generally accepted guidelines, would further jeopardize the health of the enrollee if left untreated.

(d) As used in this section, "group contract" refers to a group contract that provides coverage for prescription drugs.

(e) As used in this section, "health maintenance organization" refers to a health maintenance organization that provides coverage for prescription drugs. The term includes the following:

(1) A limited service health maintenance organization.

(2) A person that administers prescription drug benefits on behalf of a health maintenance organization or a limited service health maintenance organization.

(f) As used in this section, "individual contract" refers to an individual contract that provides coverage for prescription drugs.

(g) A health maintenance organization that provides coverage under an individual contract or a group contract for advanced, metastatic cancer and associated conditions may not require that, before the health maintenance organization provides coverage for a prescription drug, the enrollee:

(1) fail to successfully respond to a different prescription drug; or

(2) prove a history of failure of a different prescription drug.

As added by P.L.52-2026, SEC.3.
Ind. Code § 27-1-12-17.1 — Indiana Code / Title 27 / Article 1 / Chapter 12 / Section 27-1-12-17.1
Acquisition of insurable interest in and policy on life of employee
Status: in_force

Sec. 17.1. (a) As used in this section, "employee" includes a director, an officer, a partner, a manager, a nonmanagement employee, and a retired employee of the employer or the employer's affiliates.

(b) As used in this section, "employer" means an individual, a corporation, a partnership, a limited liability company, and any other legal entity that has at least one (1) employee and is legally doing business in Indiana. The term includes an association of employers and the employer's affiliates.

(c) An employer that provides life insurance, health insurance, disability insurance, retirement benefits, or similar benefits to an employee of the employer has an insurable interest in the life of the employee. The trustee of a trust established by an employer for the benefit of the employer has the same insurable interest as the employer in the life of an employee. The trustee of a trust established by an employer that provides life insurance, health insurance, disability insurance, retirement benefits, or similar benefits to an employee of the employer and acts in a fiduciary capacity with respect to that employee or the employee's dependents or beneficiaries has an insurable interest in the life of the employee for whom benefits are to be provided.

(d) An employer or the trustee of a trust established by the employer may acquire insurance upon an employee in whom the employer or the trustee of the trust has an insurable interest as determined under subsection (c) if the employee consents to be insured. An employee consents to be insured if the employee is provided written notice of the insurance coverage and does not object to the insurance coverage within thirty (30) days of receipt of the notice.

(e) An insurable interest must exist at the time the contract of life or disability insurance becomes effective, but need not exist at the time the loss occurs.

(f) Proceeds of a policy issued under this section are exempt from the claims of the employee's creditors or dependents.

As added by P.L.254-1995, SEC.1.
Ind. Code § 27-8-5.8-1 — Indiana Code / Title 27 / Article 8 / Chapter 5.8 / Section 27-8-5.8-1
"Accident and sickness insurance policy"
Status: in_force

Sec. 1. As used in this chapter, "accident and sickness insurance policy" means an insurance policy that provides at least one (1) of the types of insurance described in IC 27-1-5-1, Classes 1(b) and 2(a), and is issued on a group basis. The term does not include the following:

(1) Accident only, credit, dental, vision, Medicare, Medicare supplement, long term care, or disability income insurance.

(2) Coverage issued as a supplement to liability insurance.

(3) Automobile medical payment insurance.

(4) A specified disease policy.

(5) A limited benefit health insurance policy.

(6) A short term insurance plan that:

(A) may be renewed for the greater of:

(i) thirty-six (36) months; or

(ii) the maximum period permitted under federal law;

(B) has a term of not more than three hundred sixty-four (364) days; and

(C) has an annual limit of at least two million dollars ($2,000,000).

(7) A policy that provides a stipulated daily, weekly, or monthly payment to an insured during hospital confinement, without regard to the actual expense of the confinement.

(8) Worker's compensation or similar insurance.

(9) A student health insurance policy.

As added by P.L.230-2001, SEC.2. Amended by P.L.288-2019, SEC.6.
Ind. Code § 27-1-37-0.1 — Indiana Code / Title 27 / Article 1 / Chapter 37 / Section 27-1-37-0.1
"Administrative denial"
Status: in_force

Sec. 0.1. As used in this chapter, "administrative denial" means the denial by a health carrier for nonmedical reasons of a health provider facility's or provider's claim for reimbursement.

As added by P.L.215-2025, SEC.48.
Ind. Code § 27-8-15-8 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-8
"Department"
Status: in_force

Sec. 8. As used in this chapter, "department" refers to the department of insurance.

As added by P.L.127-1992, SEC.1.
Ind. Code § 27-2-21-15 — Indiana Code / Title 27 / Article 2 / Chapter 21 / Section 27-2-21-15
Applicability
Status: in_force

Sec. 15. This chapter does not apply to commercial insurance.

As added by P.L.201-2003, SEC.1.
Ind. Code § 27-5.1-2-29 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-29
Notice of intent to waive term of policy, right, or defense
Status: in_force

Sec. 29. (a) A farm mutual insurance company may not waive:

(1) a term of an insurance policy; or

(2) a right or defense of the farm mutual insurance company;

unless the farm mutual insurance company states in a letter or other written or printed document to a policyholder that the farm mutual insurance company intends to specifically waive the term, right, or defense.

(b) A letter or other written or printed document required under subsection (a) must include the signature of an officer or other representative of the farm mutual insurance company who is authorized to execute the particular type of waiver.

(c) A letter or other written or printed document under this section is the only admissible evidence of a waiver by the farm mutual insurance company.

As added by P.L.129-2003, SEC.8.
Ind. Code § 27-8-15-24 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-24
Maintenance of actuarial certification; submission to department
Status: in_force

Sec. 24. (a) Each small employer insurer shall maintain an actuarial certification verifying that the insurer is in compliance with this chapter and that the rating methods of the insurer are actuarially sound. A copy of the certification shall be retained by the insurer at the insurer's principal place of business for three (3) years.

(b) Before March 1 of each year, each small employer insurer shall submit to the department a copy of the actuarial certification maintained under subsection (a).

As added by P.L.127-1992, SEC.1. Amended by P.L.190-1996, SEC.5.
Ind. Code § 27-1-37.1-8 — Indiana Code / Title 27 / Article 1 / Chapter 37.1 / Section 27-1-37.1-8
Compliance with proposed amendment not required
Status: in_force

Sec. 8. If a person with whom a provider contracts receives notice from a provider under section 6 of this chapter, the person with whom a provider contracts may not require the provider to comply with the proposed amendment.

As added by P.L.196-2001, SEC.1.
Ind. Code § 27-13-32.5-2 — Indiana Code / Title 27 / Article 13 / Chapter 32.5 / Section 27-13-32.5-2
Effect on rights of enrollees
Status: in_force

Sec. 2. The dissolution of a health maintenance organization under this chapter does not alter the rights of an enrollee under IC 27-13-7-13.

As added by P.L.203-2001, SEC.31.
Ind. Code § 27-1-9-8 — Indiana Code / Title 27 / Article 1 / Chapter 9 / Section 27-1-9-8
Voting at meeting of shareholders, policyholders, or members; proxies; vote required
Status: in_force

Sec. 8. At any meeting of the shareholders, members, or policyholders held pursuant to the resolution of the board of directors for the purpose of adopting an agreement of merger or consolidation, as provided for in sections 3 and 4 of this chapter, the shareholders, members, or policyholders entitled to vote in respect thereof may vote in person or by proxy. Each shareholder entitled to vote at such meeting shall have one (1) vote for each share of voting stock held by him, and each member or policyholder entitled to vote at such meeting shall have one (1) vote regardless of the amount of insurance or number of policies held by him. The affirmative votes representing two-thirds (2/3) of all outstanding capital stock in case of purely stock companies, or two-thirds (2/3) of all outstanding capital stock, if any, and two-thirds (2/3) of the votes cast by the members or policyholders represented at the meeting in person or by proxy in the case of other companies, shall be necessary for the adoption of such proposed articles of merger or consolidation.

Formerly: Acts 1935, c.162, s.122; Acts 1941, c.115, s.4. As amended by P.L.252-1985, SEC.43.
Ind. Code § 27-1-29-6 — Indiana Code / Title 27 / Article 1 / Chapter 29 / Section 27-1-29-6
Meetings; actions
Status: in_force

Sec. 6. The commission shall meet upon the call of the commissioner, who shall convene meetings as often as necessary to accomplish the purposes of this chapter. The commission may act:

(1) through the vote of a majority of members at a meeting at which at least six (6) members are present; or

(2) through the commissioner, pursuant to powers granted to the commission under this chapter and delegated to the commissioner by the vote of a majority of members at a meeting at which at least six (6) members are present.

As added by P.L.162-1986, SEC.1.
Ind. Code § 27-5.1-2-6 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-6
Exclusion of companies
Status: in_force

Sec. 6. A farm mutual insurance company with an annual direct written premium of more than fifteen million dollars ($15,000,000) may not function as a farm mutual insurance company and shall be regulated as a domestic mutual insurance company described in IC 27-1-6-15.

As added by P.L.129-2003, SEC.8. Amended by P.L.165-2022, SEC.11.
Ind. Code § 27-13-7-20.4 — Indiana Code / Title 27 / Article 13 / Chapter 7 / Section 27-13-7-20.4
Applicability; coverage for methadone for treatment of pain
Status: in_force

Sec. 20.4. (a) This section applies to an individual contract or a group contract that is entered into, amended, or renewed after June 30, 2015.

(b) An individual contract or a group contract may provide coverage for methadone if the drug is prescribed for the treatment of pain or pain management only as follows:

(1) If the daily dosage is not more than sixty (60) milligrams.

(2) If the daily dosage is more than sixty (60) milligrams, only if:

(A) prior authorization is obtained; and

(B) a determination of medical necessity has been shown by the provider.

As added by P.L.209-2015, SEC.20.
Ind. Code § 27-13-1-34 — Indiana Code / Title 27 / Article 13 / Chapter 1 / Section 27-13-1-34
"Telehealth services"
Status: in_force

Sec. 34. "Telehealth services" means health care services delivered by use of technology allowed under IC 25-1-9.5-6, including the following:

(1) Medical exams and consultations.

(2) Behavioral health, including substance abuse evaluations and treatment.

As added by P.L.185-2015, SEC.26. Amended by P.L.85-2021, SEC.31.
Ind. Code § 27-8-38-5 — Indiana Code / Title 27 / Article 8 / Chapter 38 / Section 27-8-38-5
"Emergency medical services provider organization"
Status: in_force

Sec. 5. As used in this chapter, "emergency medical services provider organization" means a provider of emergency medical services that is certified by the Indiana emergency medical services commission under the rules adopted under IC 16-31-3 to provide advanced life support.

As added by P.L.170-2022, SEC.38.
Ind. Code § 27-4-1.5-12 — Indiana Code / Title 27 / Article 4 / Chapter 1.5 / Section 27-4-1.5-12
Refusal to direct use of or pay for body parts directed by insured; unfair claim settlement practice
Status: in_force

Sec. 12. An insurer that:

(1) under section 8(c) of this chapter gives an insured an opportunity to indicate in writing the type of body parts that the insured approves for use in the repair of a motor vehicle; and

(2) refuses to:

(A) pay for; or

(B) direct a body shop to use;

the type of body parts approved by the insured under section 8(c) of this chapter in the repair of the motor vehicle;

commits an unfair claims settlement practice under IC 27-4-1-4.5.

As added by P.L.194-1991, SEC.2.
Ind. Code § 27-15-13-1 — Indiana Code / Title 27 / Article 15 / Chapter 13 / Section 27-15-13-1
Acquisition of beneficial ownership; limitations
Status: in_force

Sec. 1. (a) Except as specifically provided in a plan of conversion, for five (5) years following the effective date of the conversion no person or persons acting in concert (other than the former mutual, any parent company, or any employee benefit plans or trusts sponsored by the former mutual or a parent company) shall directly or indirectly acquire, or agree or offer to acquire, in any manner the beneficial ownership of five percent (5%) or more of the outstanding shares of any class of a voting security of the former mutual or any parent company without the prior approval by the commissioner of a statement filed by that person with the commissioner.

(b) The statement described in subsection (a) must contain the information required by IC 27-1-23-2(b) and any other information required by the commissioner.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-1-43-6 — Indiana Code / Title 27 / Article 1 / Chapter 43 / Section 27-1-43-6
Application of chapter
Status: in_force

Sec. 6. (a) This chapter does not apply to a notice or document that is electronically delivered:

(1) by an insurer before July 1, 2014; and

(2) to a party who, before July 1, 2014, consented to receive electronically delivered notices or documents as otherwise allowed by law.

(b) If:

(1) the consent of a party to receive certain electronically delivered notices or documents is on file with an insurer before July 1, 2014; and

(2) the insurer intends to electronically deliver additional notices or documents to the party under this chapter;

the insurer shall, before electronically delivering the additional notices or documents, notify the party that notices or documents that were not previously electronically delivered may now be electronically delivered under this chapter and that the party has a right to withdraw consent to electronic delivery of notices or documents.

As added by P.L.119-2014, SEC.1.
Ind. Code § 27-10-1-3 — Indiana Code / Title 27 / Article 10 / Chapter 1 / Section 27-10-1-3
Repealed
Status: repealed

As added by P.L.261-1985, SEC.1. Amended by P.L.192-1986, SEC.15. Repealed by P.L.305-1987, SEC.38.
Ind. Code § 27-1-22-27 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-27
Motor vehicle insurance; rates for innocent prior-uninsured motorists
Status: in_force

Sec. 27. (a) The purpose of this section is to preclude insurers from charging higher rates for innocent prior-uninsured motorists who have not operated a motor vehicle in violation of any financial responsibility or compulsory insurance requirement within the prior twelve months.

(b) As used in this section, "motor vehicle insurance" means any type of insurance described in IC 27-1-5-1, Class 2(f).

(c) A motor vehicle insurer may not discriminate in establishing a rate for a policyholder or applicant, based solely on the absence of insurance by the applicant or policyholder.

(d) This section does not apply to applicants who first received their driver's license within the past thirty-six (36) month period.

(e) A violation of this section is an unfair and deceptive act or practice in the business of insurance under IC 27-4-1-4.

As added by P.L.169-1999, SEC.1.
Ind. Code § 27-17-3-3 — Indiana Code / Title 27 / Article 17 / Chapter 3 / Section 27-17-3-3
Compliance with registration requirements
Status: in_force

Sec. 3. A program provider is subject to IC 27-1-3.1.

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-1-3-18 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-18
Solicitation for political assessments or contributions; violations
Status: in_force

Sec. 18. It is a Class A misdemeanor for a person to knowingly solicit from any officer or employee of the department any money or other property for political assessments or contributions.

Formerly: Acts 1935, c.162, s.25. As amended by Acts 1978, P.L.2, SEC.2705.
Ind. Code § 27-2-29-1 — Indiana Code / Title 27 / Article 2 / Chapter 29 / Section 27-2-29-1
"Affordable Care Act"
Status: in_force

Sec. 1. As used in this chapter, "Affordable Care Act" refers to the federal Patient Protection and Affordable Care Act (P.L. 111-148), as amended by the federal Health Care and Education Reconciliation Act of 2010 (P.L. 111-152).

As added by P.L.226-2023, SEC.21.
Ind. Code § 27-9-3-6 — Indiana Code / Title 27 / Article 9 / Chapter 3 / Section 27-9-3-6
Basis for liquidation
Status: in_force

Sec. 6. The commissioner may petition the Marion County circuit court for an order directing him to liquidate a domestic insurer or an alien insurer domiciled in Indiana on the basis:

(1) of any ground for an order of rehabilitation as specified in section 1 of this chapter, whether or not there has been a prior order directing the rehabilitation of the insurer;

(2) that the insurer is insolvent; or

(3) that the insurer is in such a condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors, or the public.

As added by Acts 1979, P.L.255, SEC.1.
Ind. Code § 27-1-23.5-6 — Indiana Code / Title 27 / Article 1 / Chapter 23.5 / Section 27-1-23.5-6
Repealed
Status: repealed

As added by P.L.129-2014, SEC.8. Repealed by P.L.124-2018, SEC.43.
Ind. Code § 27-10-2-2 — Indiana Code / Title 27 / Article 10 / Chapter 2 / Section 27-10-2-2
Prima facie evidence
Status: in_force

Sec. 2. Any written instrument purporting to be a copy of any action, proceeding, or finding of fact by the commissioner, or any record of the commissioner authenticated under the hand of the commissioner by the seal of the commissioner's office shall be accepted by all the courts of this state as prima facie evidence of the contents thereof.

As added by P.L.261-1985, SEC.1.
Ind. Code § 27-9-3.1-19 — Indiana Code / Title 27 / Article 9 / Chapter 3.1 / Section 27-9-3.1-19
Claim arising from disaffirmance or repudiation
Status: in_force

Sec. 19. (a) Notwithstanding IC 27-9-3 and this chapter, a claim of a counterparty against an estate arising from an insurer's receiver's disaffirmance or repudiation of a netting agreement or qualified financial contract that has not been previously affirmed in the liquidation or immediately preceding conservation or rehabilitation case must be determined and allowed or disallowed:

(1) as if the claim had arisen before the date of the filing of the petition for liquidation; or

(2) if a conservation or rehabilitation proceeding is converted to a liquidation proceeding, as if the claim had arisen before the date of the filing of the petition for conservation or rehabilitation.

(b) The amount of a claim described in subsection (a) is the actual direct compensatory damages determined as of the date of the disaffirmance or repudiation of the netting agreement or qualified financial contract.

As added by P.L.11-2011, SEC.36.
Ind. Code § 27-8-31.4-4 — Indiana Code / Title 27 / Article 8 / Chapter 31.4 / Section 27-8-31.4-4
"Synchronize"
Status: in_force

Sec. 4. As used in this chapter, "synchronize" means to use a single pharmacy dispensing process as a means of coordinating the covered individual's medications at the same time when:

(1) a particular medication:

(A) is of a formulation that can be effectively split; and

(B) does not have quantity limits or dose optimization criteria as specified in the policy of accident and sickness insurance's formulary and prior authorization requirements;

(2) the covered individual is on a stabilized treatment plan for a chronic condition and the synchronization is for those drugs treating a chronic condition; and

(3) the medication is not:

(A) an opioid, stimulant, sedative, or hypnotic medication; or

(B) another medication that is addictive and subject to abuse.

As added by P.L.202-2017, SEC.20.
Ind. Code § 27-7-10-10 — Indiana Code / Title 27 / Article 7 / Chapter 10 / Section 27-7-10-10
"Purchasing group" defined
Status: in_force

Sec. 10. As used in this chapter, "purchasing group" means any group that:

(1) has as one of its purposes the purchase of liability insurance on a group basis;

(2) purchases liability insurance:

(A) only for its group members; and

(B) only to cover the liability with respect to which the businesses or activities of the group members are similar or related;

(3) is composed of members whose businesses or activities are similar or related with respect to the liability to which the members are exposed by virtue of any related, similar, or common business, trade, product, services, premises, or operations; and

(4) is domiciled in any state.

As added by P.L.162-1988, SEC.2.
Ind. Code § 27-1-47-4 — Indiana Code / Title 27 / Article 1 / Chapter 47 / Section 27-1-47-4
Rules
Status: in_force

Sec. 4. The insurance commissioner may adopt rules under IC 4-22-2 to administer this chapter.

As added by P.L.196-2021, SEC.33.
Ind. Code § 27-8-6-5 — Indiana Code / Title 27 / Article 8 / Chapter 6 / Section 27-8-6-5
Indemnity for services provided by certified registered nurse anesthetist
Status: in_force

Sec. 5. (a) As used in this section, "certified registered nurse anesthetist" has the meaning set forth in IC 25-23-1-1.4.

(b) As used in this section, "insured" means an individual who is entitled to the benefits provided by a policy of accident and sickness insurance. The term includes the following:

(1) The policyholder of an individual policy of accident and sickness insurance.

(2) A member of the group covered by a group policy of accident and sickness insurance.

(3) An individual who is entitled to coverage under a policy of accident and sickness insurance as a spouse or dependent of an individual referred to in subdivision (1) or (2).

(c) As used in this section, "insurer" has the meaning set forth in IC 27-1-2-3.

(d) As used in this section, "policy of accident and sickness insurance" has the meaning set forth in IC 27-8-5-1.

(e) An insurer that issued a policy of accident and sickness insurance that indemnifies an insured for anesthesiology services shall indemnify an insured under the policy for any covered anesthesiology services provided by a certified registered nurse anesthetist.

As added by P.L.258-1995, SEC.1.
Ind. Code § 27-1-24.5-21 — Indiana Code / Title 27 / Article 1 / Chapter 24.5 / Section 27-1-24.5-21
Annual reporting requirements; trade secrets
Status: in_force

Sec. 21. (a) Beginning June 1, 2021, and annually thereafter, a pharmacy benefit manager shall submit a report containing data from the immediately preceding calendar year to the commissioner. The commissioner shall determine what must be included in the report and consider the following information to be included in the report:

(1) The aggregate amount of all rebates that the pharmacy benefit manager received from all pharmaceutical manufacturers for:

(A) all insurers; and

(B) each insurer;

with which the pharmacy benefit manager contracted during the immediately preceding calendar year.

(2) The aggregate amount of administrative fees that the pharmacy benefit manager received from all pharmaceutical manufacturers for:

(A) all insurers; and

(B) each insurer;

with which the pharmacy benefit manager contracted during the immediately preceding calendar year.

(3) The aggregate amount of retained rebates that the pharmacy benefit manager received from all pharmaceutical manufacturers and did not pass through to insurers with which the pharmacy benefit manager contracted during the immediately preceding calendar year.

(4) The highest, lowest, and mean aggregate retained rebate for:

(A) all insurers; and

(B) each insurer;

with which the pharmacy benefit manager contracted during the immediately preceding calendar year.

(b) A pharmacy benefit manager that provides information under this section may designate the information as a trade secret (as defined in IC 24-2-3-2). Information designated as a trade secret under this subsection must not be published unless required under subsection (c).

(c) Disclosure of information designated as a trade secret under subsection (b) may be ordered by a court of Indiana for good cause shown or made in a court filing.

As added by P.L.68-2020, SEC.1.
Ind. Code § 27-1-28-16 — Indiana Code / Title 27 / Article 1 / Chapter 28 / Section 27-1-28-16
Nonresident licensure
Status: in_force

Sec. 16. (a) An individual who applies for an independent adjuster license under this chapter and who:

(1) possesses an independent adjuster license for the same line of authority in which the individual has applied for licensing under this chapter in a state in which a prelicensing independent adjuster licensure examination is required;

(2) possessed an independent adjuster license that:

(A) was for the same line of authority in which the individual has applied for licensing under this chapter in a state in which a prelicensing independent adjuster licensure examination is required; and

(B) expired less than ninety (90) days before the date the commissioner receives the application; or

(3) provides proof from contracting insurers that the individual has participated in claims adjudication in the same line of authority during the five (5) years immediately preceding the date of application;

is not required to complete a prelicensing course as described in section 12(b)(5) of this chapter or pass a written examination under section 15 of this chapter before being licensed under this chapter.

(b) An applicant who meets the criteria set forth in subsection (a)(1) or (a)(2) must provide certification from the other state that the applicant's independent adjuster license:

(1) is currently in good standing; or

(2) was in good standing at the time of expiration.

(c) A person:

(1) who:

(A) is licensed as an independent adjuster in another state where a prelicensing independent adjuster licensure examination is required;

(B) establishes legal residency in Indiana; and

(C) applies for a resident independent adjuster license under this chapter less than ninety (90) days after the person establishes legal residency in Indiana; or

(2) who holds a current claims certification issued by a national or state claims association whose certification program includes:

(A) a precertification course for new adjusters that is approved by the department;

(B) an examination for new adjusters that is approved by the department; and

(C) a continuing education program that is approved by the department;

is not required to complete a prelicensing course as described in section 12(b)(5) of this chapter or pass a written examination under section 15 of this chapter before being licensed under this chapter.

As added by P.L.11-2011, SEC.22. Amended by P.L.130-2020, SEC.7.
Ind. Code § 27-1-4.1-5 — Indiana Code / Title 27 / Article 1 / Chapter 4.1 / Section 27-1-4.1-5
"NAIC"
Status: in_force

Sec. 5. As used in this chapter, "NAIC" refers to the National Association of Insurance Commissioners.

As added by P.L.146-2015, SEC.19.
Ind. Code § 27-2-25.5-2 — Indiana Code / Title 27 / Article 2 / Chapter 25.5 / Section 27-2-25.5-2
Violations; fines
Status: in_force

Sec. 2. (a) The department may assess a third party administrator, an insurer, or a health maintenance organization that violates section 1 of this chapter a fine of one thousand dollars ($1,000) per day for which the claims data is provided after the time frame set forth in section 1 of this chapter. A fine collected under this section shall be deposited into the payer affordability penalty fund established by IC 12-15-1-18.5.

(b) A person described in this section may appeal a fine assessed under this section in the manner prescribed by the department.

As added by P.L.203-2023, SEC.22.
Ind. Code § 27-1-9-2 — Indiana Code / Title 27 / Article 1 / Chapter 9 / Section 27-1-9-2
Effect of article on corporate powers and kinds of business
Status: in_force

Sec. 2. Nothing contained in this chapter shall be construed to enlarge the corporate powers of any insurance company, nor to authorize any insurance company to engage in any kind or kinds of insurance business not authorized by its articles of incorporation, nor to authorize any foreign insurance company to engage in any kind or kinds of insurance business in this state not covered by its certificate of authority to do business in this state.

Formerly: Acts 1935, c.162, s.115. As amended by P.L.252-1985, SEC.40.
Ind. Code § 27-2-23-18 — Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-18
Insurer actions with respect to proceeds; unclaimed property; liability
Status: in_force

Sec. 18. (a) With respect to a policy, an annuity, or a retained asset account for which an insurer has knowledge of death:

(1) if:

(A) within one (1) year after the insurer has obtained the knowledge of death, the insurer:

(i) conducts reasonable search efforts; and

(ii) is unable to locate in Indiana a beneficiary under the policy, annuity, or retained asset account; or

(B) no beneficiary was named and the person, for purposes of IC 32-34-1.5, had a last known address in Indiana; and

(2) the insurer has, without success, attempted to make the contacts required by and in accordance with IC 32-34-1.5;

the insurer may, without further notice to or consent by the state, report and remit the proceeds of the policy, annuity, or retained asset account to the state on an early reporting basis in accordance with IC 32-34-1.5.

(b) After a report and remittance of proceeds described in subsection (a), the insurer is relieved and indemnified from any additional liability in relation to the proceeds, in accordance with IC 32-34-1.5.

As added by P.L.90-2014, SEC.1. Amended by P.L.141-2021, SEC.14.
Ind. Code § 27-16-7-4 — Indiana Code / Title 27 / Article 16 / Chapter 7 / Section 27-16-7-4
Responsibilities of clients, PEOs, and covered employees
Status: in_force

Sec. 4. (a) Except as expressly provided by the professional employer agreement:

(1) a client:

(A) is solely responsible for:

(i) the quality, adequacy, or safety of goods or services produced or sold in the client's business;

(ii) directing, supervising, training, and controlling the work of a covered employee with respect to the business activities of the client; and

(iii) the acts, errors, or omissions of a covered employee with respect to activities described in item (ii); and

(B) is not liable for the acts, errors, or omissions of:

(i) the PEO; or

(ii) a covered employee of the client and a PEO when the covered employee is acting under the express direction and control of the PEO.

(2) A PEO is not liable for the acts, errors, or omissions of a client or a covered employee of the client when the covered employee is acting under the express direction and control of the client.

(3) A covered employee is not, solely as the result of being a covered employee of a PEO, an employee of the PEO for purposes of:

(A) general liability insurance;

(B) fidelity bonds;

(C) surety bonds;

(D) employer's liability that is not covered by worker's compensation; or

(E) liquor liability insurance;

carried by the PEO unless the covered employee is specified as an employee of the PEO by specific reference in the professional employer agreement and any applicable prearranged employment contract, insurance contract, or bond.

(b) This section does not limit:

(1) a contractual liability or obligation specified in a professional employer agreement; or

(2) the liabilities and obligations of a PEO or client as specified in this article.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-7-2-20.2 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-20.2
Minimum premiums, rates, and supplementary rate information; filing; approval; proof of notice; public inspection
Status: in_force

Sec. 20.2. (a) Every company and the bureau shall file with the commissioner all minimum premiums, rates, and supplementary rate information that are to be used in Indiana. Such minimum premiums, rates, and supplementary rate information must be submitted to the commissioner at least thirty (30) days before the effective date. The commissioner shall disapprove a filing that does not meet the requirements of section 20.1 of this chapter. A filing shall be deemed approved unless disapproved by the commissioner within thirty (30) days after the filing is made. A company may adopt by reference, with or without deviation, the minimum premiums, rates, and supplementary rate information filed by another company or by the bureau.

(b) Minimum premiums, rates, and supplementary information filed under this section shall be filed in the form and manner prescribed by the commissioner.

(c) There shall accompany each filing adequate proof that notice of the filing has been mailed, by first class United States mail, to each interested person at the person's address as shown on the records of the department.

(d) All material filed by the bureau or any company as part of any official rate filing shall, as soon as filed, be open to the public for inspection and copying under IC 5-14-3. This requirement is not applicable to information and data transmitted to the department or the worker's compensation board, or to both, under section 20 or 40 of this chapter.

As added by P.L.249-1989, SEC.10. Amended by P.L.275-2013, SEC.19.
Ind. Code § 27-1-49-4 — Indiana Code / Title 27 / Article 1 / Chapter 49 / Section 27-1-49-4
"Insurer"
Status: in_force

Sec. 4. As used in this chapter, "insurer" means an insurer that provides health insurance coverage to a covered individual.

As added by P.L.166-2023, SEC.2.
Ind. Code § 27-13-17-1 — Indiana Code / Title 27 / Article 13 / Chapter 17 / Section 27-13-17-1
Notice requirements before termination of agreement by provider
Status: in_force

Sec. 1. An agreement between a provider and a health maintenance organization under which the provider agrees to provide health care services must require the provider to give the organization at least sixty (60) days advance notice before terminating the agreement unless the provider or the group of providers provide thirty percent (30%) or more of the health maintenance organization services, in which case the provider must give at least one hundred twenty (120) days advance notice.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-8-13-0.1 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-0.1
Application of certain amendments to chapter
Status: in_force

Sec. 0.1. The addition of section 10.1 of this chapter by P.L.195-1991 applies only to policies issued after December 31, 1991.

As added by P.L.220-2011, SEC.442.
Ind. Code § 27-8-5.7-1 — Indiana Code / Title 27 / Article 8 / Chapter 5.7 / Section 27-8-5.7-1
"Accident and sickness insurance policy" defined
Status: in_force

Sec. 1. As used in this chapter, "accident and sickness insurance policy" has the meaning set forth in IC 27-8-5-1.

As added by P.L.162-2001, SEC.5.
Ind. Code § 27-8-17-15 — Indiana Code / Title 27 / Article 8 / Chapter 17 / Section 27-8-17-15
Certification of admission, service, or procedure; enrollee request; notice and information; assistance; denial under terms of benefit program
Status: in_force

Sec. 15. (a) The following requirements apply to an enrollee's request for certification by a utilization review agent of an admission, a service, or a procedure:

(1) In the absence of contractual terms to the contrary, the enrollee is responsible for notifying the utilization review agent of the admission, service, or procedure in a timely manner and for obtaining certification of health care services.

(2) A utilization review agent shall allow the provider of record or a responsible patient representative, including a family member, to assist the enrollee in fulfilling the enrollee's responsibility under subdivision (1).

(3) The provider of record shall, within a reasonable time, provide to the utilization review agent all relevant information necessary to certify the admission, service, or procedure. For an emergency admission or procedure, the information shall be provided within two (2) business days after the emergency admission or procedure. For an elective admission, procedure, or treatment, the information shall be provided not later than two (2) business days before the admission or the provision of the procedure or treatment.

(b) The failure to provide the information required by this section may result in the denial of certification in accordance with the terms of the enrollee's insurance policy, health maintenance organization contract, or other benefit program.

As added by P.L.128-1992, SEC.1.
Ind. Code § 27-1-11-6 — Indiana Code / Title 27 / Article 1 / Chapter 11 / Section 27-1-11-6
Filing copy of articles; cancellation of certificate of authority; recording articles; exercise of new powers
Status: in_force

Sec. 6. (a) The corporation shall then file a certified copy of the articles of reorganization with the department and present to the department its certificate of authority issued or renewed under IC 27-1-6-18 for cancellation. The department shall file the certified copy of articles of reorganization and shall cancel the said certificate of authority and endorse the cancellation thereon, and issue a new certificate of authority to the corporation under the provisions of IC 27-1-6-18.

(b) The corporation shall then file for record with the county recorder of the county in which the principal office of the corporation is located, one (1) of the triplicate copies of the articles of reorganization bearing the endorsement of the approval of the secretary of state as provided for in section 5 of this chapter.

(c) A corporation which is reorganized in accordance with the provisions of this chapter shall not exercise any new power, right, or authority conferred by, or take any action pursuant to, such reorganization until subsections (a) and (b) have been complied with. If a corporation exercises any such new power, right, or authority or takes any such action in violation of this section, the officers and directors who participated in the exercise or action in violation of this section shall be severally liable for any debts or liabilities of the corporation incurred by the exercise or action or arising from the exercise or action.

Formerly: Acts 1935, c.162, s.144. As amended by P.L.252-1985, SEC.57; P.L.136-2018, SEC.156.
Ind. Code § 27-1-43.2-15 — Indiana Code / Title 27 / Article 1 / Chapter 43.2 / Section 27-1-43.2-15
Commissioner authority; violations
Status: in_force

Sec. 15. The commissioner may do the following:

(1) Conduct an investigation or examination of a provider, an administrator, an insurer, or another person to enforce this chapter.

(2) Take action that is necessary or appropriate to enforce this chapter.

(3) If a provider violates this chapter, issue an order to do the following:

(A) Require a provider to cease and desist.

(B) Prohibit a provider from offering, issuing, or selling a service contract in Indiana.

(C) Impose a civil penalty not to exceed ten thousand dollars ($10,000) per violation.

As added by P.L.129-2014, SEC.10.
Ind. Code § 27-1-9-15 — Indiana Code / Title 27 / Article 1 / Chapter 9 / Section 27-1-9-15
Undisclosed compensation; violations
Status: in_force

Sec. 15. (a) No director, officer, or member of any such corporation or corporations, except as fully expressed in the affidavits described in section 14 of this chapter, may receive any money or other property for aiding, promoting, or assisting in such a merger, consolidation, or reinsurance.

(b) A person who violates this section commits a Class A misdemeanor.

Formerly: Acts 1935, c.162, s.130. As amended by Acts 1978, P.L.2, SEC.2709.
Ind. Code § 27-2-22-3 — Indiana Code / Title 27 / Article 2 / Chapter 22 / Section 27-2-22-3
"Insured"
Status: in_force

Sec. 3. As used in this chapter, "insured" means the individual whose life is the subject of insurance under a policy.

As added by P.L.67-2011, SEC.1.
Ind. Code § 27-8-38-6 — Indiana Code / Title 27 / Article 8 / Chapter 38 / Section 27-8-38-6
"HMO contract"
Status: in_force

Sec. 6. (a) As used in this chapter, "HMO contract" means a contract under which a health maintenance organization (as defined in IC 27-13-1-19) undertakes to provide or arrange for the delivery of health care services to enrollees on a prepaid basis, except for enrollee responsibility for copayments or deductibles.

(b) The term includes:

(1) an individual contract (as defined in IC 27-13-1-21); and

(2) a group contract (as defined in IC 27-13-1-16).

As added by P.L.170-2022, SEC.38.
Ind. Code § 27-8-13-5 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-5
"Applicant" defined
Status: in_force

Sec. 5. As used in this chapter, "applicant" means:

(1) in the case of an individual Medicare supplement policy, the person who seeks to contract for insurance benefits; and

(2) in the case of a group Medicare supplement policy, the proposed certificate holder.

As added by P.L.255-1989, SEC.2. Amended by P.L.126-1992, SEC.2.
Ind. Code § 27-13-2-10 — Indiana Code / Title 27 / Article 13 / Chapter 2 / Section 27-13-2-10
Application of other laws to domestic health maintenance organizations
Status: in_force

Sec. 10. (a) A domestic health maintenance organization that is admitted to transact business in Indiana shall do the following:

(1) If the health maintenance organization is a domestic health maintenance organization admitted to transact business in Indiana after June 30, 2011, comply with IC 27-1-6-21.

(2) If the health maintenance organization changes the physical location of its home office, provide written notice to the department and all subscribers at least thirty (30) days before the location is changed, including the address and telephone number of the new location.

(b) A domestic health maintenance organization operating under this article is subject to IC 27-1-7-11.

As added by P.L.11-2011, SEC.37.
Ind. Code § 27-16-8-3 — Indiana Code / Title 27 / Article 16 / Chapter 8 / Section 27-16-8-3
Covered employees considered to participate in single employer plan
Status: in_force

Sec. 3. For purposes of IC 27-8-15, all covered employees of a PEO participating in a group health benefit plan sponsored by the PEO are considered to be:

(1) employees of the PEO; and

(2) participating in a single employer plan.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-7-2-17 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-17
Repealed
Status: repealed

Formerly: Acts 1935, c.323, s.17. Repealed by P.L.249-1989, SEC.19.
Ind. Code § 27-15-5-5 — Indiana Code / Title 27 / Article 15 / Chapter 5 / Section 27-15-5-5
Members entitled to vote
Status: in_force

Sec. 5. (a) Only members of the converting mutual as of both:

(1) the date the converting mutual's board of directors adopted the resolution proposing the plan of conversion and the amendment to the articles of incorporation; and

(2) the record date for the members' meeting established by the board of directors;

are entitled to vote on the proposed plan of conversion and the amendment to the articles of incorporation of the converting mutual.

(b) Each member is entitled to cast only one (1) vote, irrespective of the number or value of policies held, unless the converting mutual's articles of incorporation provide otherwise.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-1-20-4 — Indiana Code / Title 27 / Article 1 / Chapter 20 / Section 27-1-20-4
Revaluation of investments omitting interest or dividends
Status: in_force

Sec. 4. If any investment when made or purchased conforms to the requirements of this law, or of any law of this state at the date of such deposit, it shall continue to be eligible for deposit for the full amount thereof so long as: (a) in the case of an interest-bearing investment, the interest is not in default for more than two (2) years; and (b) in the case of a dividend-paying investment, the dividends are not unpaid for more than two (2) years: Provided, however, That when there shall be a default in the payment of interest, or a failure to pay dividends, for a period of more than two (2) years, the commissioner may, if he deems it advisable, require the company to furnish reasonable proof of the then fair value of the investment and the same shall thereafter continue to be a proper investment and available for deposit for the fair value thus determined, not exceeding the amount due on any given promise to pay or the amount paid for a given share of stock.

Formerly: Acts 1935, c.162, s.251.
Ind. Code § 27-8-9-2 — Indiana Code / Title 27 / Article 8 / Chapter 9 / Section 27-8-9-2
Repealed
Status: repealed

As added by Acts 1980, P.L.174, SEC.1. Repealed by P.L.261-1983, SEC.6.
Ind. Code § 27-11-4-2 — Indiana Code / Title 27 / Article 11 / Chapter 4 / Section 27-11-4-2
Organization of fraternal benefit society; articles of incorporation
Status: in_force

Sec. 2. Seven (7) or more citizens of the United States, a majority of whom are citizens of this state, who desire to form a fraternal benefit society, may make, sign, and acknowledge before some officer competent to take acknowledgment of deeds and articles of incorporation. The article of incorporation must state the following:

(1) The proposed corporate name of the society, which must not resemble the name of any society or insurance company as to be misleading or confusing.

(2) The purposes for which it is being formed and the mode in which its corporate powers are to be exercised. Such purposes may not include more liberal powers than are granted by this article.

(3) The names and residences of the incorporators and the names, residences, and official titles of all the officers, trustees, directors, or other persons who are to have and exercise the general control of the management of the affairs and funds of the society for the first year or until the ensuing election at which all such officers shall be elected by the supreme governing body, which election shall be held not later than one (1) year from the date of issuance of the permanent certificate of authority.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-2-22-5 — Indiana Code / Title 27 / Article 2 / Chapter 22 / Section 27-2-22-5
"Policy"
Status: in_force

Sec. 5. As used in this chapter, "policy" means a policy or certificate that provides the kind of insurance described in Class 1 of IC 27-1-5-1.

As added by P.L.67-2011, SEC.1.
Ind. Code § 27-7-17-17 — Indiana Code / Title 27 / Article 7 / Chapter 17 / Section 27-7-17-17
Policy documentation and fulfillment materials; unfair trade practice
Status: in_force

Sec. 17. (a) All documents provided to consumers prior to the purchase of travel insurance, including sales materials, advertising materials, and marketing materials, must be consistent with the travel insurance policy itself, including forms, endorsements, policies, rate filings, and certificates of insurance.

(b) For a travel insurance policy or certificate that contains preexisting condition exclusions, information and an opportunity to learn more about the preexisting condition exclusions must be provided prior to the time of purchase and in the coverage's fulfillment materials.

(c) The fulfillment materials and the information required to be provided under IC 27-1-15.6-19.9(b)(1) must be provided to a policyholder or certificate holder as soon as practicable following the purchase of a travel protection plan. Unless the insured has started a covered trip or filed a claim under the travel insurance coverage, a policyholder or certificate holder may cancel a policy or certificate for a full refund of the price of a travel protection plan from the date of purchase until:

(1) fifteen (15) days following the date of delivery of the travel protection plan's fulfillment materials by mail; or

(2) ten (10) days following the date of delivery of the travel protection plan's fulfillment materials by means other than mail.

For purposes of this section, "delivery" means handing fulfillment materials to the policyholder or certificate holder or sending fulfillment materials by mail, electronic mail, or other electronic means to the policyholder or certificate holder.

(d) The company must disclose in the policy documentation and fulfillment materials whether the travel insurance is primary or secondary to other applicable coverage.

(e) When travel insurance is marketed directly to a consumer through an insurer's website or by others through an aggregator site, it is not an unfair trade practice or other violation of law if an accurate summary or short description of coverage is provided on the website, so long as the consumer has access to the full provisions of the policy through electronic means.

(f) No person offering, soliciting, or negotiating travel insurance or travel protection plans on an individual or group basis may do so by using negative option or opt out, which would require a consumer to take an affirmative action to deselect coverage, such as unchecking a box on an electronic form, when the consumer purchases a trip or travel package.

(g) It is an unfair trade practice under IC 27-4-1 to market blanket travel insurance coverage as free.

(h) Where a consumer's destination jurisdiction requires insurance coverage, it is not an unfair trade practice under IC 27-4-1 to require a consumer to choose as a condition of purchasing a trip or travel package between:

(1) purchasing the coverage required by the destination jurisdiction through the travel retailer or limited lines travel insurance producer supplying the trip or travel package; or

(2) agreeing to obtain and provide proof of coverage that meets the destination jurisdiction's requirements prior to departure.

As added by P.L.19-2022, SEC.5. Amended by P.L.11-2023, SEC.89.
Ind. Code § 27-16-2-16 — Indiana Code / Title 27 / Article 16 / Chapter 2 / Section 27-16-2-16
"Working capital"
Status: in_force

Sec. 16. "Working capital" means the difference between a person's:

(1) current assets; and

(2) current liabilities;

determined in accordance with generally accepted accounting principles.

As added by P.L.11-2011, SEC.40.
Ind. Code § 27-2-22-1 — Indiana Code / Title 27 / Article 2 / Chapter 22 / Section 27-2-22-1
Application of chapter
Status: in_force

Sec. 1. This chapter applies to a claim that is filed under a policy after June 30, 2011.

As added by P.L.67-2011, SEC.1.
Ind. Code § 27-8-10-4 — Indiana Code / Title 27 / Article 8 / Chapter 10 / Section 27-8-10-4
Policies; deductible and coinsurance requirements; limitations
Status: in_force

Sec. 4. (a) Subject to the limitation provided in subsection (c), an association policy offered in accordance with this chapter must impose a five hundred dollar ($500) deductible on a per person per policy year basis. The deductible must be applied to the first five hundred dollars ($500) of eligible expenses incurred by the covered person.

(b) Subject to the limitation provided in subsection (c), a mandatory coinsurance requirement shall be imposed at the rate of twenty percent (20%) of eligible expenses in excess of the mandatory deductible.

(c) The maximum aggregate out-of-pocket payments for eligible expenses by the insured in the form of deductibles and coinsurance may not exceed one thousand five hundred dollars ($1,500) per individual or two thousand five hundred dollars ($2,500) per family, per policy year.

As added by Acts 1981, P.L.249, SEC.1. Amended by P.L.253-1989, SEC.4.
Ind. Code § 27-7-10-29 — Indiana Code / Title 27 / Article 7 / Chapter 10 / Section 27-7-10-29
Enforcement; scope of authority
Status: in_force

Sec. 29. The commissioner may make use of any of the powers established under this title to enforce the laws of Indiana not specifically preempted by the Risk Retention Act of 1986, 15 U.S.C. 3901 et seq., including the commissioner's administrative authority to investigate, issue subpoenas, conduct depositions and hearings, issue orders, impose penalties, and seek injunctive relief. With regard to any investigation, administrative proceedings, or litigation, the commissioner shall rely on Indiana procedural laws. The injunctive authority of the commissioner, in regard to risk retention groups, is restricted by the requirement under section 16 of this chapter that any injunction be issued by a court.

As added by P.L.162-1988, SEC.2.
Ind. Code § 27-1-4.5-9 — Indiana Code / Title 27 / Article 1 / Chapter 4.5 / Section 27-1-4.5-9
Notice or bulletin of the reporting requirements
Status: in_force

Sec. 9. (a) The department shall issue a notice or bulletin on at least two (2) occasions to notify insurers, third party administrators, and pharmacy benefit managers of the reporting requirements set forth in this chapter.

(b) A notice or bulletin issued under this section must be posted on the department's website in a manner that is easily accessible to insurers, third party administrators, and pharmacy benefit managers.

As added by P.L.239-2025, SEC.11.
Ind. Code § 27-1-25-5 — Indiana Code / Title 27 / Article 1 / Chapter 25 / Section 27-1-25-5
Advertising
Status: in_force

Sec. 5. An administrator may use advertising relating to the business underwritten by an insurer only to the extent that the advertising has been approved in writing by that insurer before the advertising is used.

As added by Acts 1980, P.L.168, SEC.2. Amended by P.L.160-2003, SEC.8.
Ind. Code § 27-8-19.8-6 — Indiana Code / Title 27 / Article 8 / Chapter 19.8 / Section 27-8-19.8-6
"Viatical settlement contract" defined
Status: in_force

Sec. 6. As used in this chapter, "viatical settlement contract" means an agreement for the purchase, sale, assignment, transfer, devise, or bequest of a portion of the death benefit or ownership of a life insurance policy or contract for consideration that is less than the expected death benefit of the life insurance policy or contract. The term does not include the following:

(1) A loan by an insurer under the terms of a life insurance policy, including a loan secured by the cash value of a policy.

(2) An agreement with a bank, savings bank, savings and loan association, credit union, or other licensed lending institution that takes an assignment of a life insurance policy as collateral for a loan.

(3) The provision of accelerated death benefits by an insurer to an insured under the provisions of a life insurance contract.

(4) Agreements between an insurer and a reinsurer.

(5) An agreement by a person who enters into not more than one (1) such agreement in any five (5) year period to purchase a life insurance policy or contract for the transfer of a life insurance policy for a value that is less than the expected death benefit.

As added by P.L.130-1994, SEC.47 and P.L.116-1994, SEC.70. Amended by P.L.32-1998, SEC.6; P.L.128-2000, SEC.2.
Ind. Code § 27-8-32.1-2 — Indiana Code / Title 27 / Article 8 / Chapter 32.1 / Section 27-8-32.1-2
"Insured"
Status: in_force

Sec. 2. As used in this chapter, "insured" means an individual who is entitled to coverage under a policy of accident and sickness insurance.

As added by P.L.43-2015, SEC.2.
Ind. Code § 27-8-3-8 — Indiana Code / Title 27 / Article 8 / Chapter 3 / Section 27-8-3-8
Assignment of policy to person without insurable interest void
Status: in_force

Sec. 8. No corporation, association or society doing business of life insurance under this chapter shall issue any policy of life insurance in which the beneficiary named has no insurable interest. Any assignment of the policy or certificate to a person having no insurable interest in the insured life, except as security for actual debt, with remainder over to the beneficiary or to the estate of the insured, shall render such a policy or certificate void.

Formerly: Acts 1897, c.195, s.8; Acts 1971, P.L.391, SEC.1.
Ind. Code § 27-1-43-3 — Indiana Code / Title 27 / Article 1 / Chapter 43 / Section 27-1-43-3
Electronic delivery of notice or document; requirements
Status: in_force

Sec. 3. (a) As used in this section, "online platform" means a web site or other digital application designed to facilitate the purchase of insurance policies by parties from a licensed insurer.

(b) Except as provided in subsection (d), a notice to a party, or another document, that:

(1) is legally required in an insurance transaction; or

(2) serves as evidence of insurance coverage;

may be electronically delivered, stored, and presented in compliance with IC 26-2-8.

(c) Electronic delivery of a notice or document under this section is considered to be equivalent to any legally required delivery method, including delivery by:

(1) first class mail;

(2) first class mail, postage prepaid;

(3) certified mail;

(4) certificate of mail; or

(5) certificate of mailing.

(d) Except as provided in subsection (e), electronic delivery of a notice or document by an insurer to a party is permitted under this chapter if all the following apply:

(1) The party has affirmatively consented to electronic delivery and has not withdrawn the consent.

(2) The party, before giving consent, is provided with a clear and conspicuous statement informing the party of all the following:

(A) Any right or option of the party to have the notice or document provided or made available in paper or another nonelectronic form.

(B) The right of the party to withdraw consent to electronic delivery of a notice or document and any fees, conditions, or consequences that will be imposed on the party if the party withdraws consent.

(C) Whether the party's consent applies:

(i) only to the particular transaction as to which the notice or document must be given; or

(ii) to identified categories of notices or documents subject to electronic delivery during the course of the party's relationship with the insurer.

(D) The:

(i) means, after consent is given, by which the party may obtain a paper copy of an electronically delivered notice or document; and

(ii) applicable fee for the paper copy.

(E) The procedure the party must follow to:

(i) withdraw consent to electronic delivery of a notice or document; and

(ii) update information needed to contact the party electronically.

(3) The party:

(A) before giving consent, is provided with a statement of the hardware and software requirements for access to and retention of an electronically delivered notice or document; and

(B) electronically:

(i) consents; or

(ii) confirms consent;

in a manner that reasonably demonstrates that the party is able to access information in the electronic form that will be used for electronic delivery of notices or documents to which the party has given consent.

(4) If, after the party has consented to electronic delivery of notices or documents, a change in the hardware or software requirements needed for the party to access or retain an electronically delivered notice or document creates a material risk that the party will not be able to access or retain a subsequent notice or document to which the consent applies, the insurer:

(A) provides the party with a statement of the:

(i) revised hardware and software requirements for access to and retention of an electronically delivered notice or document; and

(ii) right of the party to withdraw consent without the imposition of a fee, condition, or consequence that was not disclosed under subdivision (2)(B); and

(B) complies with subdivision (2).

(e) Notwithstanding any other provision of this chapter, if a party procures a policy of insurance through an online platform:

(1) the party affirmatively consents to have all notices and other documents related to the policy delivered to the party electronically; and

(2) the conditions set forth in subsection (d)(2) through (d)(4) do not apply to the electronic delivery to the party of notices and other documents related to the policy procured through the online platform.

However, if a party described in this subsection requests to receive notices and documents in paper format, the insurer shall provide all notices and other documents related to the policy to the party in paper format.

As added by P.L.119-2014, SEC.1. Amended by P.L.196-2021, SEC.29.
Ind. Code § 27-8-14-2 — Indiana Code / Title 27 / Article 8 / Chapter 14 / Section 27-8-14-2
"Breast cancer screening mammography"
Status: in_force

Sec. 2. (a) As used in this chapter, "breast cancer screening mammography" means a standard, two (2) view per breast, low-dose radiographic examination of the breasts that is:

(1) furnished to an asymptomatic woman; and

(2) performed by a mammography services provider using equipment designed by the manufacturer for and dedicated specifically to mammography in order to detect unsuspected breast cancer.

(b) The term includes the interpretation of the results of a breast cancer screening mammography by a physician.

As added by P.L.119-1991, SEC.3.
Ind. Code § 27-8-4.9-5 — Indiana Code / Title 27 / Article 8 / Chapter 4.9 / Section 27-8-4.9-5
Covered individual's opportunity to opt out
Status: in_force

Sec. 5. Before providing delivery by electronic means to a covered individual for whom the plan sponsor of a health benefit plan has provided consent under section 4 of this chapter, the insurer that entered into, offered, or issued the policy, contract, certificate, or agreement constituting the health benefit plan must provide the covered individual an opportunity to opt out of the mailing by electronic means of communications related to the health benefit plan and the electronic delivery of health insurance identification cards.

As added by P.L.226-2023, SEC.23.
Ind. Code § 27-1-3.5-2 — Indiana Code / Title 27 / Article 1 / Chapter 3.5 / Section 27-1-3.5-2
"Domestic insurer"
Status: in_force

Sec. 2. (a) As used in this chapter, "domestic insurer" means an insurer organized under the laws of Indiana.

(b) If a domestic insurer is a member of an "insurance holding company system" (as defined in IC 27-1-23-1), the term "domestic insurer" also includes:

(1) any person in immediate control of the domestic insurer; and

(2) any affiliate:

(A) in which the domestic insurer has invested; or

(B) that is indebted to the domestic insurer.

As added by P.L.244-1989, SEC.2.
Ind. Code § 27-2-22-4 — Indiana Code / Title 27 / Article 2 / Chapter 22 / Section 27-2-22-4
"Insurer"
Status: in_force

Sec. 4. As used in this chapter, "insurer" means an insurance company that issues a policy.

As added by P.L.67-2011, SEC.1.
Ind. Code § 27-1-37.1-1 — Indiana Code / Title 27 / Article 1 / Chapter 37.1 / Section 27-1-37.1-1
"Health maintenance organization"
Status: in_force

Sec. 1. As used in this chapter, "health maintenance organization" means a person that undertakes to provide or arrange for the delivery of health care services to individuals on a prepaid basis, except for the individual's responsibility for copayments or deductibles. The term includes a limited service health maintenance organization. The term does not include a staff-model health maintenance organization that employs a group of providers and that requires the providers to provide health care services solely to individuals who are entitled to coverage under a contract with the staff-model health maintenance organization or an affiliate of the staff-model health maintenance organization.

As added by P.L.196-2001, SEC.1.
Ind. Code § 27-1-24.2-4 — Indiana Code / Title 27 / Article 1 / Chapter 24.2 / Section 27-1-24.2-4
"Cost sharing"
Status: in_force

Sec. 4. As used in this chapter, "cost sharing" means the cost to an insured under a health plan according to any coverage limit, copayment, coinsurance, deductible, or other out-of-pocket expense requirements imposed by the health plan.

As added by P.L.189-2025, SEC.1.
Ind. Code § 27-1-12.8-22 — Indiana Code / Title 27 / Article 1 / Chapter 12.8 / Section 27-1-12.8-22
Supporting memorandum; confidentiality and privilege
Status: in_force

Sec. 22. (a) This section applies before the operative date of the Valuation Manual.

(b) Except as otherwise provided in this section, a supporting memorandum submitted by a company as required by section 21 of this chapter and material provided to the commissioner by the company in connection with the supporting memorandum:

(1) are confidential;

(2) are not subject to subpoena; and

(3) are not subject to discovery or admissible in evidence in a private civil action.

However, the commissioner may use the materials and information in connection with a regulatory or legal action brought as part of the commissioner's duties.

(c) The commissioner, or a person receiving documents, materials, or other information while acting under the authority of the commissioner, is not permitted or required to testify in a private civil action concerning information that is confidential as described in subsection (b).

(d) The commissioner may disclose documents, materials, and other information, including the information described in subsection (b), to:

(1) other state, federal, and international regulatory agencies;

(2) the NAIC and affiliates and subsidiaries of the NAIC; and

(3) state, federal, and international law enforcement authorities;

if the recipient agrees to maintain the confidential and privileged status of the documents, materials, and other information.

(e) The commissioner:

(1) may receive documents, materials, and other information, including confidential and privileged documents, materials, and information, from:

(A) other state, federal, and international regulatory agencies;

(B) the NAIC and affiliates and subsidiaries of the NAIC; and

(C) other state, federal, and international law enforcement authorities;

(2) shall maintain as confidential or privileged all documents, materials, and other information received with notice or the understanding that the documents, materials, and information are confidential or privileged under the law of the jurisdiction that is the source of the documents, materials, and information; and

(3) may enter into agreements governing sharing and use of information consistent with subsections (b) through (d).

(f) Any applicable privilege or claim of confidentiality in documents, materials, or information described in this section is not waived as a result of the disclosure or receipt of the documents, materials, or information by the commissioner as authorized by this section.

(g) A supporting memorandum described in section 21 of this chapter and other material provided by the company to the commissioner in connection with the supporting memorandum may:

(1) be subject to subpoena to defend an action seeking damages from the actuary who submitted the supporting memorandum under section 21 of this chapter; and

(2) be released by the commissioner:

(A) with the written consent of the company; or

(B) to the American Academy of Actuaries in response to a written request that:

(i) states that the memorandum or other material is required for the purpose of professional disciplinary proceedings; and

(ii) sets forth procedures satisfactory to the commissioner for preserving the confidentiality of the supporting memorandum or other material.

(h) If any part of a supporting memorandum described in section 21 of this chapter is:

(1) cited by the company in the company's marketing;

(2) cited before a governmental agency other than a state insurance department; or

(3) released by the company to the news media;

all parts of the supporting memorandum are no longer confidential.

(i) The commissioner shall adopt rules under IC 4-22-2 containing the minimum standards for the valuation of accident and sickness insurance contracts.

As added by P.L.276-2013, SEC.10. Amended by P.L.124-2018, SEC.23.
Ind. Code § 27-1-43.2-2 — Indiana Code / Title 27 / Article 1 / Chapter 43.2 / Section 27-1-43.2-2
"Holder"
Status: in_force

Sec. 2. As used in this chapter, "holder" means a person who is entitled to services or indemnification under a service contract.

As added by P.L.129-2014, SEC.10.
Ind. Code § 27-1-29.1-20 — Indiana Code / Title 27 / Article 1 / Chapter 29.1 / Section 27-1-29.1-20
Implementing rules; coverage limitations; commission powers; rules governing relinquishment of membership in fund
Status: in_force

Sec. 20. (a) The commission shall adopt rules under IC 4-22-2 to implement this chapter.

(b) The commission, in accordance with the rules adopted under subsection (a), may, in whole or in part, conform or limit the coverage provided to a member of the fund under this chapter (as described in the coverage document issued to the member by the commission) with the provisions of insurance policies providing underlying coverage to the fund member.

(c) In accordance with the rules adopted under subsection (a), the commission may provide, to a member of the fund that is not a member of the political subdivision risk management fund under IC 27-1-29, coverage of a liability that exceeds the amount of one million dollars ($1,000,000) but that is subject to reduction by exhaustion of the aggregate limits of liability in the fund member's underlying coverage.

(d) In accordance with the rules adopted under subsection (a), the commission may provide, to a member of the fund that is also a member of the political subdivision risk management fund under IC 27-1-29, coverage of liabilities for which no coverage is provided under IC 27-1-29.

(e) Except as otherwise specifically provided in this chapter, the commission has the same powers in the administration of the fund as it has in the administration of the political subdivision risk management fund under IC 27-1-29-7(b). A rule adopted by the commission to establish the procedure by which a political subdivision can withdraw from membership in the fund may not provide that a political subdivision continues to be a member of the fund more than twelve (12) months after the political subdivision gives notice to the commissioner of its intention to relinquish its membership.

As added by P.L.272-1987, SEC.7.
Ind. Code § 27-17-1-5 — Indiana Code / Title 27 / Article 17 / Chapter 1 / Section 27-17-1-5
"Discount medical card program"
Status: in_force

Sec. 5. "Discount medical card program" means a program through which a discount medical card program organization provides, in exchange for consideration, a cardholder with access to medical services provided by a program provider under a provider agreement. The term does not include:

(1) a policy or contract regulated under this title; or

(2) self-funded coverage regulated under the federal Employee Retirement Income Security Act of 1974 (29 U.S.C. 1001 et seq.).

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-7-10-6 — Indiana Code / Title 27 / Article 7 / Chapter 10 / Section 27-7-10-6
"Liability" defined
Status: in_force

Sec. 6. (a) As used in this chapter, "liability" means legal liability for damages (including costs of defense, legal costs and fees, and other claims expenses) because of injuries to other persons, damage to their property, or other damage or loss to other persons, resulting from or arising out of:

(1) any business (whether profit or nonprofit), trade, product, services (including professional services), premises, or operations; or

(2) any activity of any state or local government, or any agency or political subdivision of state or local government.

(b) The term "liability" does not include:

(1) personal risk liability; or

(2) an employer's liability with respect to its employees other than legal liability under the Federal Employers' Liability Act (45 U.S.C. 51 et seq.).

As added by P.L.162-1988, SEC.2.
Ind. Code § 27-13-4-1 — Indiana Code / Title 27 / Article 13 / Chapter 4 / Section 27-13-4-1
General powers
Status: in_force

Sec. 1. (a) Subject to section 3 of this chapter, the powers of a health maintenance organization include the following:

(1) The purchase, lease, construction, renovation, operation, or maintenance of:

(A) hospitals and medical facilities;

(B) equipment for hospitals and medical facilities; and

(C) other property reasonably required for the principal office of the health maintenance organization or for purposes necessary in the transaction of the business of the organization.

(2) Engaging in transactions between affiliated entities, including loans and the transfer of responsibility under any or all contracts:

(A) between affiliates; or

(B) between the health maintenance organization and the parent organization of the health maintenance organization.

(3) The furnishing of health care services through:

(A) providers;

(B) provider associations; and

(C) agents for providers;

who are under contract with or are employed by the health maintenance organization. The contracts with providers, provider associations, or agents of providers may include fee for service, cost plus, capitation, or other payment or risk-sharing arrangements.

(4) Contracting with any person for the performance on behalf of the health maintenance organization of certain functions, including:

(A) marketing;

(B) enrollment; and

(C) administration.

(5) Contracting with:

(A) an insurance company licensed in Indiana;

(B) an authorized reinsurer; or

(C) a hospital authorized to conduct business in Indiana;

for the provision of insurance, indemnity, or reimbursement against the cost of health care services provided by the health maintenance organization.

(6) The offering of point-of-service products.

(7) The joint marketing of products with:

(A) an insurance company that is licensed in Indiana; or

(B) a hospital that is authorized to conduct business in Indiana;

if the company that is offering each product is clearly identified.

(8) Administration of the provision of health care services at the expense of a self-funded plan.

(b) A health maintenance organization may offer any of the following:

(1) Plans that include only basic health care services.

(2) Plans that include basic health care services and other health care services.

(3) Plans that include health care services other than basic health care services so long as at least one (1) of the plans offered by the health maintenance organization includes basic health care services.

(c) Notwithstanding subsection (a)(5), a health maintenance organization may not take credit for reinsurance unless the risk is ceded to a reinsurer qualified under IC 27-6-10.1.

As added by P.L.26-1994, SEC.25. Amended by P.L.2-1995, SEC.111; P.L.203-2001, SEC.18; P.L.130-2020, SEC.15.
Ind. Code § 27-1-15.9-18 — Indiana Code / Title 27 / Article 1 / Chapter 15.9 / Section 27-1-15.9-18
Application for limited lines producer license
Status: in_force

Sec. 18. (a) A vendor shall apply for a limited lines producer license required by this chapter by filing a sworn application for the license with the commissioner on forms prescribed and furnished by the commissioner.

(b) An application filed under subsection (a) must include the following information:

(1) Except as provided in subdivision (2), the name, residence address, and other information required by the commissioner for an employee or officer of the vendor who is designated by the vendor as the individual who is responsible for the vendor's compliance with this chapter.

(2) If the vendor derives more than fifty percent (50%) of the vendor's revenue from the sale of portable electronics insurance, the name, residence address, and other information required by the commissioner for each officer, director, and shareholder of record that has beneficial ownership of at least ten percent (10%) of any class of securities registered by the vendor under federal securities law.

(3) The physical address of the vendor's home office.

As added by P.L.4-2012, SEC.3.
Ind. Code § 27-1-26-5 — Indiana Code / Title 27 / Article 1 / Chapter 26 / Section 27-1-26-5
Flesch reading ease score; procedure to determine; rules of construction
Status: in_force

Sec. 5. (a) The following procedure shall be used in determining the Flesch reading ease score:

(1) First, a sample of the text of the policy shall be chosen for analysis:

(A) For policy forms containing ten thousand (10,000) or less words of text, the entire policy form shall be analyzed.

(B) For policy forms containing ten thousand and one (10,001) or more words of text, two (2) samples of two hundred (200) words from each page, with each sample separated by at least twenty (20) lines, may be analyzed instead of the entire form.

(2) Second, the number of words and sentences in the text shall be counted and the total number of words shall be divided by the total number of sentences. The figure obtained shall be multiplied by a factor of one and fifteen thousandths (1.015).

(3) Third, the total number of syllables shall be counted and divided by the total number of words. The figure obtained shall be multiplied by a factor of eighty-four and six tenths (84.6).

(4) Fourth, the sum of the figures computed under subdivisions (2) and (3) when subtracted from two hundred six and eight hundred thirty-five thousandths (206.835) equals the Flesch reading ease score for the policy form.

(b) For the purposes of subsections (a)(2) through (4), the following rules of construction shall be used:

(1) A contraction, hyphenated word, or numbers and letters, when separated by spaces, shall be treated as one (1) word.

(2) A unit of words ending with a period, semicolon, or colon, but excluding headings and captions, shall be counted as a sentence.

(3) The term "syllable" means a unit of spoken language consisting of one (1) or more letters of a word as divided by a dictionary approved by the commissioner.

(4) When a dictionary approved by the commissioner shows two (2) or more equally acceptable pronunciations of a word, the pronunciation containing fewer syllables may be used.

As added by Acts 1981, P.L.245, SEC.1.
Ind. Code § 27-2-13-4 — Indiana Code / Title 27 / Article 2 / Chapter 13 / Section 27-2-13-4
Supplying information to other authorized agency or insurer; immunity from civil or criminal liability
Status: in_force

Sec. 4. (a) An authorized agency provided with information under this chapter may release or provide that information to any other authorized agency to further its investigation.

(b) An insurer providing information to an authorized agency under section 3 of this chapter has the right to request and to receive from that agency relevant information. The agency shall provide the requested information within a reasonable time, not to exceed thirty (30) days from the date of the request.

(c) An insurer (or a person acting on its behalf) or an authorized agency who releases or provides evidence or information under this chapter is immune from any civil or criminal liability for providing the evidence or information.

As added by Acts 1979, P.L.253, SEC.1. Amended by P.L.139-1984, SEC.4.
Ind. Code § 27-8-11-2 — Indiana Code / Title 27 / Article 8 / Chapter 11 / Section 27-8-11-2
Conflicting provisions
Status: in_force

Sec. 2. To the extent of any conflict between this chapter and IC 27-4-1-4, IC 27-8-5-15, IC 27-8-6-1, or any other statutory provision, this chapter prevails over the conflicting provision. Agreements may be entered into under section 3(a)(1) of this chapter notwithstanding any contradictory policy provision prescribed under IC 27-8-5-3(a)(9).

As added by P.L.140-1984, SEC.1. Amended by P.L.1-2010, SEC.111.
Ind. Code § 27-1-35-3 — Indiana Code / Title 27 / Article 1 / Chapter 35 / Section 27-1-35-3
"Captive insurer" defined
Status: in_force

Sec. 3. As used in this chapter, "captive insurer" means an insurance company owned by another organization whose exclusive purpose is to insure risks of the parent organization and affiliated companies, or in the case of groups and associations, insurance organizations owned by the insureds whose exclusive purpose is to insure risks of any of the following:

(1) Member organizations.

(2) Group members and their affiliates.

(3) Member organizations and group members and their affiliates.

As added by P.L.130-1994, SEC.36 and P.L.116-1994, SEC.47.
Ind. Code § 27-16-1-1 — Indiana Code / Title 27 / Article 16 / Chapter 1 / Section 27-16-1-1
Applicability of article
Status: in_force

Sec. 1. This article applies after December 31, 2005.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-1-8-4 — Indiana Code / Title 27 / Article 1 / Chapter 8 / Section 27-1-8-4
Form and content of articles of amendment
Status: in_force

Sec. 4. Upon the proposal and adoption of any amendment to the articles of incorporation, there shall be executed articles of amendment setting forth the following:

(a) The amendment so adopted;

(b) The manner of its adoption and the vote by which it was adopted;

(c) In the case of a stock corporation;

(1) If the total authorized amount or number of shares is increased by such amendment, a statement of the shares authorized before the amendment and a statement of the additional shares authorized by the amendment;

(2) If the total authorized amount or number of shares is reduced by such amendment, a statement of the shares authorized before the amendment and the amount of the shares that has been issued, and a statement of the reduction authorized by the amendment and the manner in which the reduction shall be effected; and

(3) If any change is made in the shares without increasing or reducing the total authorized amount or number of shares, a statement of the shares authorized before the amendment and the amount of the shares that has been issued, and a statement of the change to be made by the amendment and the manner in which the change shall be effected.

Formerly: Acts 1935, c.162, s.104. As amended by P.L.136-2018, SEC.152.
Ind. Code § 27-1-3-30 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-30
Expired
Status: repealed

As added by P.L.166-2003, SEC.1. Amended by P.L.28-2004, SEC.165; P.L.125-2005, SEC.1. Expired 12-31-2010 by P.L.125-2005, SEC.1.
Ind. Code § 27-13-24-5 — Indiana Code / Title 27 / Article 13 / Chapter 24 / Section 27-13-24-5
Application of IC 4-21.5
Status: in_force

Sec. 5. IC 4-21.5 applies to proceedings under this chapter to the extent IC 4-21.5 does not conflict with any section of this chapter.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-8-8-5.5 — Indiana Code / Title 27 / Article 8 / Chapter 8 / Section 27-8-8-5.5
Venue; appeal bond
Status: in_force

Sec. 5.5. (a) Venue in a suit against the association is in Marion County.

(b) The association is not required to give an appeal bond in an appeal that relates to a cause of action arising under or with respect to this chapter.

As added by P.L.193-2006, SEC.17.
Ind. Code § 27-1-49-8 — Indiana Code / Title 27 / Article 1 / Chapter 49 / Section 27-1-49-8
Decrease of defined cost sharing
Status: in_force

Sec. 8. Nothing in this chapter prohibits an insurer from decreasing a covered individual's defined cost sharing by an amount greater than the amount required under section 7 of this chapter.

As added by P.L.166-2023, SEC.2.
Ind. Code § 27-16-2-8 — Indiana Code / Title 27 / Article 16 / Chapter 2 / Section 27-16-2-8
"Covered employee"
Status: in_force

Sec. 8. (a) "Covered employee" means an individual who is co-employed.

(b) The term includes an individual who is an officer, a director, a shareholder, a partner, or a manager of a client to the extent the professional employer organization and the client expressly agree that the individual:

(1) is described in subsection (a); and

(2) acts as an operational manager or performs day to day operational services for the client;

as reflected in the professional employer agreement.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-8-31-2 — Indiana Code / Title 27 / Article 8 / Chapter 31 / Section 27-8-31-2
Definitions
Status: in_force

Sec. 2. (a) The definitions in this section apply throughout this chapter.

(b) "Advertisement" means material designed to create public interest in a product or induce the public to purchase, increase, modify, reinstate, borrow on, surrender, replace, or retain a policy, as more specifically defined in the rules and operating procedures of the commission.

(c) "Bylaws" means bylaws established by the commission for the governance, direction, or control of the commission.

(d) "Commission" refers to the interstate insurance product regulation commission established by section 3 of this chapter.

(e) "Commissioner" means the chief insurance regulatory official of a state, including a commissioner, a superintendent, a director, or an administrator.

(f) "Compacting state" means a state that:

(1) has enacted this compact; and

(2) has not:

(A) withdrawn as provided in section 15 of this chapter; or

(B) been terminated as provided in section 16 of this chapter.

(g) "Domiciliary state" means the state in which an insurer is incorporated or organized, or the state of entry of an alien insurer.

(h) "Insurer" means an entity licensed by a state to issue contracts of insurance for the lines of insurance covered by this chapter.

(i) "Member" means the commissioner or the commissioner's designee.

(j) "NAIC" refers to the National Association of Insurance Commissioners.

(k) "Noncompacting state" means a state that is not a compacting state.

(l) "Operating procedures" mean procedures adopted by the commission to implement a rule, a uniform standard, or a provision of this compact.

(m) "Opt out" means any action by a compacting state to decline to adopt or participate in a promulgated uniform standard.

(n) "Product" means the form of a policy or contract, including an application, an endorsement, or a related form that is attached to and made a part of the policy or contract, and any evidence of coverage or certificate, for an individual or a group annuity, life insurance, disability income, or long term care insurance product that an insurer is authorized to issue in Indiana or another compacting state.

(o) "Rule" means a statement of general or particular applicability and future effect adopted by the commission, including a uniform standard developed under section 8 of this chapter, that has the full force and effect of law in the compacting states and:

(1) is designed to implement or interpret law or prescribe policy; or

(2) describes the organization, procedure, or practice requirements of the commission.

(p) "State" means a state, district, or territory of the United States.

(q) "Third party filer" means an entity that submits a product filing to the commission on behalf of an insurer.

(r) "Uniform standard" means a standard adopted by the commission for a product line under section 8 of this chapter. The term includes all the product requirements. However:

(1) each uniform standard shall be construed, whether express or implied, to prohibit the use of any inconsistent, misleading, or ambiguous provisions in a product; and

(2) the form of the product made available to the public shall not be unfair, inequitable, or against public policy as determined by the commission.

As added by P.L.138-2005, SEC.3.
Ind. Code § 27-1-12.8-12 — Indiana Code / Title 27 / Article 1 / Chapter 12.8 / Section 27-1-12.8-12
"Plan type"
Status: in_force

Sec. 12. As used in this chapter, "plan type" refers to the following:

(1) "Plan Type A" means a plan type for which a contractholder:

(A) may not withdraw funds; or

(B) at any time may withdraw funds only:

(i) with an adjustment to reflect changes in interest rates or asset values occurring after receipt of the funds by the company;

(ii) without an adjustment, but with installments over at least five (5) years; or

(iii) as an immediate life annuity.

(2) "Plan Type B" means a plan type for which:

(A) before expiration of the interest rate guarantee, a contractholder may not withdraw funds, or may withdraw funds only:

(i) with an adjustment to reflect changes in interest rates or asset values occurring after receipt of the funds by the company; or

(ii) without an adjustment, but in installments over at least five (5) years; and

(B) at the expiration of the interest rate guarantee, funds may be withdrawn without an adjustment in a single sum or installments over less than five (5) years.

(3) "Plan Type C" means a plan type for which a contractholder may withdraw funds before expiration of the interest rate guarantee in a single sum or installments over less than five (5) years:

(A) without adjustment to reflect changes in interest rates or asset values occurring after receipt of the funds by the company; or

(B) subject only to a fixed surrender charge stipulated in the contract as a percentage of the fund.

As added by P.L.276-2013, SEC.10.
Ind. Code § 27-1-23.5-7 — Indiana Code / Title 27 / Article 1 / Chapter 23.5 / Section 27-1-23.5-7
"ORSA summary report"
Status: in_force

Sec. 7. As used in this chapter, "ORSA summary report" means a confidential, high level summary of an insurer or insurance group's ORSA.

As added by P.L.129-2014, SEC.8.
Ind. Code § 27-1-27-13 — Indiana Code / Title 27 / Article 1 / Chapter 27 / Section 27-1-27-13
Written contract between public adjuster and insured; copy to insurer
Status: in_force

Sec. 13. (a) A public adjuster shall not provide services, other than emergency services, to an insured until:

(1) a written contract between the public adjuster and the insured has been executed; and

(2) an exact copy of the contract has been provided to:

(A) the insurer with which the insured has filed or intends to file a claim; or

(B) a representative of the insurer described in clause (A) who is authorized to receive a notice of loss or damage on the insurer's behalf.

(b) A contract between a public adjuster and an insured:

(1) must be in writing; and

(2) must be prepared on a form filed with and approved by the insurance commissioner; and

(3) must be executed in duplicate.

(c) One (1) original form of a contract executed under subsection (b)(3) must be provided to the insured and one (1) original form of the contract may be retained by the public adjuster.

(d) A public adjuster may use electronic mail to provide the exact copy of a contract to an insurer under subsection (a)(2).

(e) The original contract retained by the public adjuster under subsection (c) must be available at all times, without prior notice, for inspection by the insurance commissioner.

As added by P.L.226-2023, SEC.8.
Ind. Code § 27-7-2-3 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-3
Worker's compensation rating bureau; membership
Status: in_force

Sec. 3. After July 1, 1935, every insurance company authorized to effect worker's compensation insurance in this state shall be a member of the worker's compensation rating bureau of Indiana. The bureau shall be composed of all insurance companies lawfully engaged on July 1, 1935, wholly or in part in making worker's compensation insurance in Indiana or who shall after July 1, 1935, be issued a certificate of authority to make worker's compensation insurance in this state.

Formerly: Acts 1935, c.323, s.3. As amended by P.L.252-1985, SEC.229; P.L.28-1988, SEC.88.
Ind. Code § 27-1-37.5-10 — Indiana Code / Title 27 / Article 1 / Chapter 37.5 / Section 27-1-37.5-10
Request for prior authorization; electronic transmission or application programming interface; standardized form
Status: in_force

Sec. 10. (a) This section does not apply to prior authorization for a prescription drug.

(b) A utilization review entity shall accept a request for prior authorization delivered to the utilization review entity by a covered individual's health care provider through a secure electronic transmission or an application programming interface. A health care provider shall submit a request for prior authorization through a secure electronic transmission or an application programming interface. A utilization review entity shall provide for:

(1) a secure electronic transmission or an application programming interface; and

(2) acknowledgment of receipt, by use of a transaction number or another reference code;

of a request for prior authorization and any supporting information.

(c) Subsection (b) does not apply and a utilization review entity that requires prior authorization shall accept a request for prior authorization that is not submitted through a secure electronic transmission or an application programming interface if a covered individual's health care provider and the utilization review entity have entered into an agreement under which the utilization review entity agrees to process prior authorization requests that are not submitted through a secure electronic transmission or an application programming interface because:

(1) a secure electronic transmission or an application programming interface of prior authorization requests would cause financial hardship for the health care provider;

(2) the area in which the health care provider is located lacks sufficient Internet access; or

(3) the health care provider has an insufficient number of covered individuals as patients or customers, as determined by the commissioner, to warrant the financial expense that compliance with subsection (b) would require.

(d) If a covered individual's health care provider is described in subsection (c), the utilization review entity shall accept from the health care provider a request for prior authorization as follows:

(1) The prior authorization request must be made on the standardized prior authorization form established by the department under section 16 of this chapter.

(2) The utilization review entity shall provide for a secure electronic transmission or an application programming interface and acknowledgment of receipt of the standardized prior authorization form and any supporting information for the prior authorization by use of a transaction number or another reference code.

As added by P.L.77-2018, SEC.2. Amended by P.L.208-2018, SEC.8; P.L.144-2025, SEC.19.
Ind. Code § 27-1-7-15 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-15
Loans to or borrowing by directors or officers; offense; exceptions
Status: in_force

Sec. 15. A board of directors, director, or officer of any insurance company doing business in this state who lends any of its money or other property, to any director or officer of the insurance company commits a Class B misdemeanor. A director or officer who borrows from the insurance company any money or other property commits a Class B misdemeanor. However, this section does not apply to:

(1) the continuation to maturity of any loan that did not violate this section when it was made; or

(2) a loan made by a life insurance company to any director or officer of the company in an amount not greater than the net cash surrender value of, and secured by, a policy with the company held by the borrower; or

(3) a loan made by any insurance company to an officer, other than a director, secured by a first mortgage loan upon a single-family dwelling, condominium unit or cooperative apartment unit, which is the borrower's personal residence acquired on account of the officer's relocation or initial employment.

Formerly: Acts 1935, c.162, s.93. As amended by Acts 1978, P.L.2, SEC.2707; Acts 1981, P.L.235, SEC.1.
Ind. Code § 27-2-23-13 — Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-13
Repealed
Status: repealed

As added by P.L.90-2014, SEC.1. Repealed by P.L.166-2015, SEC.5.
Ind. Code § 27-14.5-1-26 — Indiana Code / Title 27 / Article 14.5 / Chapter 1 / Section 27-14.5-1-26
"Plan to issue stock"
Status: in_force

Sec. 26. "Plan to issue stock" means a plan to issue shares of stock of an intermediate stock holding company or a reorganized insurer adopted under IC 27-14.5-3.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-8-13-4 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-4
Receipt for materials received by soliciting insurance producer; "materials" defined
Status: in_force

Sec. 4. (a) Following a Medicare supplement insurance solicitation, an insurance producer shall give the individual involved in the solicitation a receipt for materials received by the insurance producer as a result of the solicitation.

(b) The receipt required under subsection (a) must be dated and signed by the insurance producer and must set forth the following:

(1) An itemized list of the materials received by the insurance producer.

(2) The insurance producer's name.

(3) The address and telephone number of the insurance producer's office.

(c) As used in this section, "materials" includes any:

(1) document;

(2) cash;

(3) money order; or

(4) check or draft;

received by the insurance producer. The term does not include an application for a policy.

As added by P.L.275-1987, SEC.2. Amended by P.L.178-2003, SEC.70.
Ind. Code § 27-1-36-49 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-49
Submission of RBC report by foreign insurer
Status: in_force

Sec. 49. (a) Upon the written request of the commissioner, a foreign insurer shall submit to the commissioner an RBC report as of the last day of the calendar year most recently ended. The foreign insurer shall submit the report on or before:

(1) the date on which a domestic insurer would be required to file an RBC report under this chapter; or

(2) fifteen (15) days after the foreign insurer receives the request;

whichever occurs later.

(b) Upon the written request of the commissioner, a foreign insurer shall promptly submit to the commissioner a copy of any RBC plan that the foreign insurer has filed with the insurance commissioner of any other state.

As added by P.L.186-1996, SEC.1.
Ind. Code § 27-10-2-16 — Indiana Code / Title 27 / Article 10 / Chapter 2 / Section 27-10-2-16
Deposits instead of bond
Status: in_force

Sec. 16. (a) When the defendant has been admitted to bail, the defendant, or another in the defendant's behalf, may deposit with an official authorized to take bail, a sum of money, or nonregistered bonds of the United States, of the state, or of any county, city, or town within the state, equal in market value to the amount of such bail, together with the defendant's personal undertaking, and an undertaking of such other person, if the money or bonds are deposited by another. Upon delivery to the official in whose custody the defendant is of a certificate of such deposit, the defendant shall be discharged from custody in the cause.

(b) When bail other than a deposit of money or bonds has been given, the defendant or the surety may, at any time before a breach of the undertaking, deposit the sum mentioned in the undertaking, and upon such deposit being made, accompanied by a new undertaking, the original undertaking shall be cancelled.

As added by P.L.261-1985, SEC.1.
Ind. Code § 27-1-36-9.4 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-9.4
"Health maintenance organization"
Status: in_force

Sec. 9.4. As used in this chapter, "health maintenance organization" has the meaning set forth in IC 27-13-1-19.

As added by P.L.51-2002, SEC.4.
Ind. Code § 27-1-3.5-3.7 — Indiana Code / Title 27 / Article 1 / Chapter 3.5 / Section 27-1-3.5-3.7
"SOX compliant entity"
Status: in_force

Sec. 3.7. As used in this chapter, "SOX compliant entity" means an entity that is required to be compliant, or is voluntarily compliant, with all of the following provisions of the federal Sarbanes-Oxley Act of 2002 (Public Law 107-204):

(1) The preapproval requirements of Section 201.

(2) The audit committee independence requirements of Section 301.

(3) The internal control over financial reporting requirements of Section 404.

As added by P.L.146-2015, SEC.11.
Ind. Code § 27-8-5-20 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-20
Notice of right to return policy
Status: in_force

Sec. 20. (a) All individual accident and health insurance policies, other than those issued pursuant to direct response solicitation, must have a notice prominently printed on the first page of the policy stating in substance that the policyholder has the right to return the policy:

(1) except as provided in subdivision (2), within ten (10) days of its delivery; or

(2) if the policy is a travel accident insurance policy, until the earlier of:

(A) thirty (30) days after the policy is delivered; or

(B) the date of departure;

and to have the premium refunded if, after examination of the policy, the insured person is not satisfied for any reason.

(b) All accident and health insurance policies issued pursuant to a direct response solicitation must have a notice prominently printed on the first page stating in substance that the policyholder has the right to return the policy:

(1) except as provided in subdivision (2), within thirty (30) days of its delivery; or

(2) if the policy is a travel accident insurance policy, until the earlier of:

(A) thirty (30) days after the policy is delivered; or

(B) the date of departure;

and to have the premium refunded if, after examination of the policy, the insured person is not satisfied for any reason.

(c) Notwithstanding subsection (b), a short term health insurance policy that is written for a period of less than sixty-one (61) days and issued under a direct response solicitation must have a notice prominently printed on the first page stating in substance that the policyholder has the right to return the policy within ten (10) days after the policy's delivery and to have the premium refunded if, after examination of the policy, the insured person is not satisfied for any reason.

As added by P.L.267-1987, SEC.5. Amended by P.L.1-1991, SEC.167; P.L.173-2007, SEC.26.
Ind. Code § 27-1-6-4 — Indiana Code / Title 27 / Article 1 / Chapter 6 / Section 27-1-6-4
Articles of incorporation; contents
Status: in_force

Sec. 4. The incorporators shall execute articles of incorporation, not inconsistent with the provisions of this article, setting forth the following:

(a) The name of the proposed corporation.

(b) The post office address of its principal office.

(c) A precise and accurate statement of the purpose or purposes for which the company is organized, which shall be restricted to the kind or kinds of insurance comprised within one (1) of the classes of insurance specified in IC 27-1-5-1, and that it is organized under this article.

(d) The term for which it is to continue as a corporation, which may be perpetual.

(e) In the case of a stock company, the amount of its capital and the aggregate number of shares which the company shall have authority to issue and the par value thereof.

(f) The amount of paid-in capital with which the company will begin business.

(g) The plan or principle upon which the business is to be transacted.

(h) The name, occupation, and post office address of each of the incorporators.

(i) The names of the first officers and directors, their post office addresses, and their terms of office.

(j) Any other provisions, consistent with the laws of this state, for the regulation of the business and conduct of the affairs of the company and creating, defining, limiting, or regulating the powers of the company, of the directors, or of the shareholders or any class or classes of shareholders.

Formerly: Acts 1935, c.162, s.64. As amended by P.L.252-1985, SEC.17.
Ind. Code § 27-6-8-19 — Indiana Code / Title 27 / Article 6 / Chapter 8 / Section 27-6-8-19
Advertising
Status: in_force

Sec. 19. No person, including an insurer, insurance producer, or affiliate of an insurer, shall make, publish, disseminate, circulate, or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in any newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter or poster, or over any radio station or television station, or in any other way, any advertisement, announcement or statement which uses the existence of the insurance guaranty association of this state for the purpose of sales, solicitation, or inducement to purchase any form of insurance covered by the Indiana insurance guaranty association law. However, this section does not apply to Indiana insurance guaranty association or to any other entity which does not sell or solicit insurance.

Formerly: Acts 1973, P.L.279, SEC.4. As amended by Acts 1977, P.L.281, SEC.10; P.L.178-2003, SEC.43.
Ind. Code § 27-1-38-4 — Indiana Code / Title 27 / Article 1 / Chapter 38 / Section 27-1-38-4
"Insurance producer" defined
Status: in_force

Sec. 4. As used in this section, "insurance producer" has the meaning set forth in IC 27-1-15.6-2.

As added by P.L.130-2002, SEC.2.
Ind. Code § 27-1-22-13 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-13
Advisory organization; filing and regulation; orders of commissioner
Status: in_force

Sec. 13. (a) Every group, association, or other organization of insurers, whether located within or outside this state, which assists insurers which make their own filings or rating organizations in ratemaking, by the collection and furnishing of loss or expense statistics, or by the submission of recommendations, but which does not make filings under this chapter, shall be known as an advisory organization.

(b) Every advisory organization shall file with the commissioner:

(1) a copy of its constitution, its articles of agreement or association, or its certificate of incorporation and of its bylaws, rules, and regulations governing its activities;

(2) a list of its members;

(3) the name and address of a resident of this state upon whom notices or orders of the commissioner or process issued at his direction may be served; and

(4) an agreement that the commissioner may examine such advisory organization in accordance with the provisions of section 15 of this chapter.

(c) If, after a hearing, the commissioner finds that the furnishing of such information or assistance involves any act or practice which is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, he may issue a written order specifying in what respect such act or practice is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, and requiring the discontinuance of such act or practice.

(d) No insurer which makes its own filings nor any rating organization shall support its findings by statistics or adopt ratemaking recommendations furnished to it by an advisory organization which has not complied with this section or with an order of the commissioner involving such statistics or recommendations issued under subsection (c). If the commissioner finds such insurer or rating organization to be in violation of this subsection, he may issue an order requiring the discontinuance of the violation.

Formerly: Acts 1967, c.133, s.13. As amended by P.L.252-1985, SEC.116.
Ind. Code § 27-9-3.1-1 — Indiana Code / Title 27 / Article 9 / Chapter 3.1 / Section 27-9-3.1-1
"Actual direct compensatory damages"
Status: in_force

Sec. 1. (a) As used in this chapter, "actual direct compensatory damages" includes:

(1) normal and reasonable costs of cover; and

(2) other reasonable measures of damages used in the derivatives market, the securities market, or another market for contract claims.

(b) The term does not include:

(1) punitive or exemplary damages;

(2) damages for lost profit or lost opportunity; or

(3) damages for pain and suffering.

As added by P.L.11-2011, SEC.36. Amended by P.L.13-2013, SEC.70.
Ind. Code § 27-17-1-2 — Indiana Code / Title 27 / Article 17 / Chapter 1 / Section 27-17-1-2
"Cardholder"
Status: in_force

Sec. 2. "Cardholder" means a person that pays consideration for the right to participate in a discount medical card program.

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-1-48.5-2 — Indiana Code / Title 27 / Article 1 / Chapter 48.5 / Section 27-1-48.5-2
"Covered individual"
Status: in_force

Sec. 2. As used in this chapter, "covered individual" means an individual entitled to coverage under a health plan.

As added by P.L.237-2025, SEC.9.
Ind. Code § 27-1-23-11 — Indiana Code / Title 27 / Article 1 / Chapter 23 / Section 27-1-23-11
Denial, suspension, or revocation of license or authority to do business
Status: in_force

Sec. 11. Whenever it appears to the commissioner that any person has committed a violation of this chapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke or refuse to renew such insurer's license or authority to do business in this state for such period as he finds is required for the protection of policyholders or the public.

Formerly: Acts 1971, P.L.387, SEC.1.
Ind. Code § 27-1-30-3 — Indiana Code / Title 27 / Article 1 / Chapter 30 / Section 27-1-30-3
"Casualty insurance company" defined
Status: in_force

Sec. 3. As used in this chapter, "casualty insurance company" has the meaning set forth in IC 27-1-2-3(t).

As added by P.L.270-1987, SEC.2.
Ind. Code § 27-1-4.5-10 — Indiana Code / Title 27 / Article 1 / Chapter 4.5 / Section 27-1-4.5-10
Requirement to operate within existing appropriations
Status: in_force

Sec. 10. In carrying out the department's duties under this chapter, the department shall operate within existing appropriations for the department.

As added by P.L.239-2025, SEC.11.
Ind. Code § 27-1-15.9-7 — Indiana Code / Title 27 / Article 1 / Chapter 15.9 / Section 27-1-15.9-7
"Portable electronics transaction"
Status: in_force

Sec. 7. As used in this chapter, "portable electronics transaction" means the sale or lease of portable electronics.

As added by P.L.4-2012, SEC.3.
Ind. Code § 27-13-2-1 — Indiana Code / Title 27 / Article 13 / Chapter 2 / Section 27-13-2-1
Persons applying for certificate of authority
Status: in_force

Sec. 1. Notwithstanding any other law, any person may apply to the commissioner for a certificate of authority to establish and operate a health maintenance organization under this article.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-1-7-6 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-6
Bylaws
Status: in_force

Sec. 6. Unless otherwise provided in the articles of incorporation, the power to make, alter, amend or repeal the bylaws of a company is hereby vested in the board of directors. The bylaws so adopted may contain any provision for the regulations and management of the affairs of the corporation which is not inconsistent with this article or of any law of this state or with the articles of incorporation and may include provisions concerning:

(a) the time and place of holding, and the manner of conducting meetings of the shareholders, members, or policyholders, and of directors;

(b) the manner of calling special meetings of shareholders, members, or policyholders and directors;

(c) the powers, duties, tenure, and qualifications of the officers of the corporation and the time, place, and manner of electing them;

(d) the creation and appointment of executive or other committees and the number of members thereof and prescribing their powers;

(e) the classification of its risks and of its members, the payment of dividends and the creation of a surplus fund or funds, if other than a stock company; and

(f) the form of stock certificates or other evidences of stock ownership and the manner of transferring shares of capital stock if a stock company, and the manner of creating and exercising proxies.

Formerly: Acts 1935, c.162, s.84. As amended by P.L.252-1985, SEC.27.
Ind. Code § 27-7-16-1 — Indiana Code / Title 27 / Article 7 / Chapter 16 / Section 27-7-16-1
"Casualty and liability insurance"
Status: in_force

Sec. 1. As used in this chapter, "casualty and liability insurance" means the type of insurance described in IC 27-1-5-1, Class 2(h).

As added by P.L.146-2015, SEC.33.
Ind. Code § 27-8-28-19 — Indiana Code / Title 27 / Article 8 / Chapter 28 / Section 27-8-28-19
Grievance procedure filing; complaint analysis and reporting
Status: in_force

Sec. 19. (a) An insurer shall each year file with the commissioner a description of the grievance procedure of the insurer established under this chapter, including:

(1) the total number of grievances handled through the procedure during the preceding calendar year;

(2) a compilation of the causes underlying those grievances; and

(3) a summary of the final disposition of those grievances.

(b) The information required by subsection (a) must be filed with the commissioner on or before March 1 of each year. The commissioner shall:

(1) make the information required to be filed under this section available to the public; and

(2) prepare an annual compilation of the data required under subsection (a) that allows for comparative analysis.

(c) The commissioner may require any additional reports as are necessary and appropriate for the commissioner to carry out the commissioner's duties under this article.

(d) The commissioner shall do the following:

(1) Compile and analyze complaints received by the department concerning a denial of coverage under an accident and sickness insurance policy for:

(A) an investigational or experimental treatment; or

(B) a treatment not considered to be medically necessary for a covered individual.

(2) If the commissioner determines that a pattern of denials of coverage is evident through the analysis performed under subdivision (1), report the pattern to the legislative council in an electronic format under IC 5-14-6.

(3) Remove from a report made under subdivision (2) any information that could be used to identify an individual.

As added by P.L.66-2001, SEC.2 and P.L.203-2001, SEC.13. Amended by P.L.18-2016, SEC.3.
Ind. Code § 27-1-15.9-13 — Indiana Code / Title 27 / Article 1 / Chapter 15.9 / Section 27-1-15.9-13
Coverage availability
Status: in_force

Sec. 13. Portable electronics insurance may be sold:

(1) for any period; and

(2) under:

(A) an individual policy; or

(B) a group or master policy issued to a vendor to provide insurance for the vendor's customers.

As added by P.L.4-2012, SEC.3.
Ind. Code § 27-1-17-3 — Indiana Code / Title 27 / Article 1 / Chapter 17 / Section 27-1-17-3
Name
Status: in_force

Sec. 3. No foreign or alien insurance company shall be admitted to do business in this state having a name which, at the date of such admission, could not be taken by a domestic corporation under the provisions of IC 27-1-6-3, except that the name of a foreign or alien insurance company need not include the word "company", "corporation", "incorporated", or "mutual", or one (1) of the abbreviations thereof, nor the word "insurance" or the word "assurance" provided the name of such company is authorized by the laws of the state or territory of its organization or domicile and provided such name does not negate the characteristic of such company as an insurance company. No such foreign or alien insurance company after it has been admitted shall, by amendment to its charter, assume any name which, at the date of the filing of such amendment as provided in this chapter, could not be taken by a domestic corporation under the provisions of IC 27-1-6-3.

Formerly: Acts 1935, c.162, s.228; Acts 1969, c.164, s.7. As amended by P.L.252-1985, SEC.73.
Ind. Code § 27-7-1-9 — Indiana Code / Title 27 / Article 7 / Chapter 1 / Section 27-7-1-9
Foreign Lloyds association; certificate of authority; application; unearned premium reserve
Status: in_force

Sec. 9. The insurance commissioner may, in the insurance commissioner's discretion, issue a certificate of authority to a Lloyds domiciled in another state to do business in this state, for permission to do which application is made as may be authorized by the articles of association or copartnership agreement under which said Lloyds is operated. However, in no event shall authority be given to any such Lloyds to do any kind of insurance business other than those specified in section 7 of this chapter. The application for such certificate shall specify the kind of business such Lloyds desires the authority to transact in this state. It must be signed by the attorney or attorneys in fact for such Lloyds, and must file with the insurance commissioner a certificate from the insurance department of its home state that it has and maintains at all times an unearned premium reserve as is required of stock companies of said state, and that the total subscription of its subscribers shall not be less than two hundred fifty thousand dollars ($250,000), and that at least twenty-five percent (25%) thereof is paid in cash.

Formerly: Acts 1919, c.177, s.9. As amended by P.L.252-1985, SEC.225; P.L.148-2017, SEC.14.
Ind. Code § 27-2-25-2.5 — Indiana Code / Title 27 / Article 2 / Chapter 25 / Section 27-2-25-2.5
"Episode of care"
Status: in_force

Sec. 2.5. As used in this chapter, "episode of care" means the medical care ordered to be provided for a specific medical procedure, condition, or illness.

As added by P.L.93-2020, SEC.13.
Ind. Code § 27-1-23.5-12 — Indiana Code / Title 27 / Article 1 / Chapter 23.5 / Section 27-1-23.5-12
ORSA summary report preparation, review
Status: in_force

Sec. 12. (a) Except as provided in subsection (b), an ORSA summary report must be prepared in a manner consistent with the ORSA guidance manual. Documentation and supporting information must be maintained and made available upon examination or request of the commissioner.

(b) The commissioner's review of an ORSA summary report, and any requests for additional information, must be made in a manner similar to the procedures used by the commissioner in the analysis and examination of multistate or global insurers and insurance groups.

As added by P.L.129-2014, SEC.8.
Ind. Code § 27-1-36-52 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-52
Effective notice
Status: in_force

Sec. 52. (a) A notice by the commissioner to an insurer that may result in regulatory action under this chapter, if transmitted by registered or certified mail, is effective when the notice is put in the mail.

(b) A transmission by the commissioner to an insurer under this chapter other than a notice described in subsection (a) is effective upon the insurer's receipt of the transmission.

As added by P.L.186-1996, SEC.1.
Ind. Code § 27-17-1-14 — Indiana Code / Title 27 / Article 17 / Chapter 1 / Section 27-17-1-14
"Service area"
Status: in_force

Sec. 14. "Service area" means a geographic area within a radius of sixty (60) miles from the home or place of business of a cardholder.

As added by P.L.73-2006, SEC.3.