Ind. Code § 27-8-5-18 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-18
Extension to family members or dependents; premiums; exclusions; group accident and sickness insurance
Status: in_force

Sec. 18. (a) Except for a policy that conforms to the description in section 16(2) of this chapter, a group accident and sickness insurance policy may be extended to insure the employees or members, or any class or classes of employees or members, with respect to their family members or dependents, subject to subsections (b) and (c).

(b) The premium for the insurance must be paid from funds contributed by the employer, union, association, or other person to whom the policy has been issued or from funds contributed by the covered persons, or from both sources of funds. Except as provided in subsection (c), a policy on which no part of the premium for the coverage of family members or dependents is to be derived from funds contributed by the covered persons must insure all eligible employees or members, or any class or classes of eligible employees or members, with respect to their spouses and dependent children.

(c) Except as provided in section 24 of this chapter, an insurer may exclude or limit the coverage on any family member or dependent as to whom evidence of individual insurability is not satisfactory to the insurer.

As added by P.L.257-1985, SEC.4. Amended by P.L.125-1992, SEC.3.
Ind. Code § 27-13-3-2 — Indiana Code / Title 27 / Article 13 / Chapter 3 / Section 27-13-3-2
Denial of application
Status: in_force

Sec. 2. An application for a certificate of authority may be denied only after the commissioner complies with the requirements set forth in IC 27-13-24.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-1-24.2-6 — Indiana Code / Title 27 / Article 1 / Chapter 24.2 / Section 27-1-24.2-6
"Insured"
Status: in_force

Sec. 6. As used in this chapter, "insured" means an individual covered under a health plan.

As added by P.L.189-2025, SEC.1.
Ind. Code § 27-13-10-3 — Indiana Code / Title 27 / Article 13 / Chapter 10 / Section 27-13-10-3
Records of grievances
Status: in_force

Sec. 3. A health maintenance organization or limited service health maintenance organization shall maintain records regarding all grievances of enrollees that the organization has received since the examination by the commissioner of the grievance procedure of the organization that immediately preceded the receipt of the grievances.

As added by P.L.26-1994, SEC.25. Amended by P.L.191-1997, SEC.5.
Ind. Code § 27-3-2-7 — Indiana Code / Title 27 / Article 3 / Chapter 2 / Section 27-3-2-7
Option to discontinue writing insurance on mutual or assessment plan
Status: in_force

Sec. 7. It shall not be obligatory upon any company, after the issuing of stock as aforesaid, to accept applications for insurance upon the mutual or assessment plan.

Formerly: Acts 1895, c.158, s.7.
Ind. Code § 27-4-1-2 — Indiana Code / Title 27 / Article 4 / Chapter 1 / Section 27-4-1-2
Definitions
Status: in_force

Sec. 2. When and as used in this chapter:

(a) The term "person" shall mean any individual, corporation, company including any farm mutual insurance company, association, partnership, firm, reciprocal exchange, inter-insurer, Lloyds insurers, society, fraternal benefit society, lodge, order, council, corps, and any other association or legal entity, engaged in the business of insurance, including but not in limitation of the foregoing, insurance producers, brokers, solicitors, advisors, auditors, and adjusters.

(b) "Department" shall mean the department of insurance of this state created and defined as a department in the state government of the state of Indiana by IC 27-1.

(c) "Commissioner" shall mean the insurance commissioner of this state appointed pursuant to, and on and in whom the powers, duties, management, and control of the department are conferred and vested by, the provisions of IC 27-1.

Formerly: Acts 1947, c.112, s.2. As amended by P.L.252-1985, SEC.145; P.L.129-2003, SEC.7; P.L.178-2003, SEC.34.
Ind. Code § 27-13-25-2 — Indiana Code / Title 27 / Article 13 / Chapter 25 / Section 27-13-25-2
Appointment of commissioner as rehabilitator or liquidator; grounds
Status: in_force

Sec. 2. The commissioner may apply for an order appointing the commissioner as rehabilitator or liquidator to rehabilitate or liquidate a health maintenance organization:

(1) upon at least one (1) of the grounds set forth in IC 27-9-3-1 or IC 27-9-3-6; or

(2) when, in the commissioner's opinion, the continued operation of the health maintenance organization would be hazardous to the enrollees of the organization or the people of Indiana.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-1-12.6-5 — Indiana Code / Title 27 / Article 1 / Chapter 12.6 / Section 27-1-12.6-5
Right to return contracts
Status: in_force

Sec. 5. Each annuity contract shall contain a provision giving the purchaser an unrestricted right to return the contract to the company or to the insurance producer through whom it was purchased, on or before the tenth day after it is received by the purchaser, such return entitling the purchaser to a return of the value of a variable annuity account or the monies paid by the purchaser to a fixed account in connection with the issuance of the contract. This provision shall be conspicuously placed on the face of the contract. This provision does not apply to contracts issued in connection with a pension, annuity, or profit-sharing plan qualified or exempt under Sections 401, 403, 404, or 501 of the Internal Revenue Code, if participation in the plan is a condition of employment.

As added by Acts 1977, P.L.286, SEC.2. Amended by P.L.2-1987, SEC.37; P.L.116-1994, SEC.26; P.L.178-2003, SEC.17.
Ind. Code § 27-16-2-3 — Indiana Code / Title 27 / Article 16 / Chapter 2 / Section 27-16-2-3
"Client"
Status: in_force

Sec. 3. "Client" means a person that enters into a professional employer agreement with a professional employer organization.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-8-15-34 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-34
Repealed
Status: repealed

As added by P.L.93-1995, SEC.23. Repealed by P.L.91-1998, SEC.24.
Ind. Code § 27-1-36-24 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-24
"Total adjusted capital"
Status: in_force

Sec. 24. As used in this chapter, "total adjusted capital" means the sum of:

(1) an insurer's statutory capital and surplus determined in accordance with the statutory accounting principles and practices that are applicable to the annual financial statements required to be filed under IC 27-1-3.5; and

(2) other items, if any, that the RBC Instructions may provide.

As added by P.L.186-1996, SEC.1. Amended by P.L.124-2018, SEC.59.
Ind. Code § 27-9-3.1-20 — Indiana Code / Title 27 / Article 9 / Chapter 3.1 / Section 27-9-3.1-20
Application of counterparty rights
Status: in_force

Sec. 20. All rights of counterparties under this chapter apply to netting agreements and qualified financial contracts entered into on behalf of the general account or separate accounts if the assets of each separate account are:

(1) available only to counterparties to netting agreements and qualified financial contracts; and

(2) entered into on behalf of the separate account.

As added by P.L.11-2011, SEC.36.
Ind. Code § 27-13-8-0.1 — Indiana Code / Title 27 / Article 13 / Chapter 8 / Section 27-13-8-0.1
Application of certain amendments to chapter
Status: in_force

Sec. 0.1. The amendments made to section 2 of this chapter by P.L.133-1999 apply to external grievances filed by enrollees after January 1, 2000.

As added by P.L.220-2011, SEC.458.
Ind. Code § 27-2-15-4.2 — Indiana Code / Title 27 / Article 2 / Chapter 15 / Section 27-2-15-4.2
"Municipality"
Status: in_force

Sec. 4.2. As used in this chapter, "municipality" has the meaning set forth in IC 36-1-2-11.

As added by P.L.238-2013, SEC.4.
Ind. Code § 27-10-3-11 — Indiana Code / Title 27 / Article 10 / Chapter 3 / Section 27-10-3-11
Surety bail agents; terminating appointment; premiums owed; remedies
Status: in_force

Sec. 11. (a) An insurer who appoints a surety bail agent in Indiana shall give notice of the appointment to the commissioner along with a written application for license for the bail agent. All appointments are subject to the issuance of a license to the surety bail agent.

(b) If an insurer appoints a surety bail agent under subsection (a), not later than sixty (60) days after the appointment, the appointee shall submit to the commissioner an affidavit:

(1) on a form prescribed by the commissioner;

(2) signed by the appointee; and

(3) that states:

(A) whether the appointee owes premiums to a former insurer or an agency to which the appointee reported on behalf of a former insurer;

(B) to whom the appointee owes a premium;

(C) the amount of the premium owed; and

(D) whether there is a dispute concerning the premium.

(c) An appointee shall provide a copy of an affidavit submitted under subsection (b) by certified mail to each of the appointee's former insurers or agents to which the appointee reported on behalf of a former insurer in the six (6) years immediately preceding the appointee's appointment under subsection (a).

(d) Not more than one hundred eighty (180) days after receiving a copy of an appointee's affidavit provided under subsection (c), a former insurer or agent that has knowledge that the affidavit is untrue may file a petition with the commissioner stating that the appointee still owes a premium to the insurer or agent in violation of IC 27-10-4-7 and requesting relief. At the same time that the insurer or agent files the petition with the commissioner, the insurer or agent shall mail a copy of the petition to the appointee by certified mail. The appointee may file a response with the commissioner not later than ten (10) days after the appointee receives the petition.

(e) Upon receipt of the petition and response, if filed, under subsection (d), the commissioner may conduct an investigation and institute proceedings in accordance with section 9 of this chapter.

(f) The remedies provided in this section are not the exclusive remedies available to an insurer or agent. The election of an insurer or agent to seek a remedy under this section does not preclude the insurer or agent from seeking other remedies available at law or in equity, and is not a prerequisite for an insurer or agent to seek other remedies available at law or in equity.

(g) An insurer that terminates the appointment of a surety bail agent shall file written notice of the termination with the commissioner together with a statement that the insurer has given or mailed notice to the surety bail agent. The notice filed with the commissioner must state the reasons, if any, for the termination. Information furnished to the commissioner is confidential and may not be used as evidence in or a basis for any action against the insurer or any of the insurer's representatives.

As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993, SEC.21; P.L.348-1995, SEC.5; P.L.102-2005, SEC.7.
Ind. Code § 27-8-17-19 — Indiana Code / Title 27 / Article 8 / Chapter 17 / Section 27-8-17-19
Prohibited bases for compensation of agent
Status: in_force

Sec. 19. The compensation of a utilization review agent for the performance of utilization review may not be based on:

(1) the extent to which certifications are denied; or

(2) the amount by which subsequent claims are reduced for payment.

As added by P.L.128-1992, SEC.1.
Ind. Code § 27-1-22-7 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-7
Rate adjustment filing or deviation; effectiveness unless disapproved; hearing; approval or disapproval
Status: in_force

Sec. 7. (a) When a filing or deviation involving a rate adjustment depends upon a change in the relationship between the proposed rates and the anticipated production expense portion thereof from the relationship anticipated under any rates previously filed and currently in effect for the company or rating organization involved, such filing or deviation shall be subject to the provisions of subsection (b).

(b) Each filing or deviation subject to this section shall be on file for a waiting period of twenty (20) days before it becomes effective. If within such waiting period or after hearing as provided in this section, the commissioner finds that the filing or deviation does not meet the requirements of this chapter, the commissioner shall send to the insurer or rating organization which made the filing or to the insurer which filed the deviation written notice of disapproval specifying in the notice in what respects the filing or deviation fails to meet the requirements of this chapter and stating that the same shall not become effective. Such filing or deviation shall be deemed to meet the requirements of this act unless disapproved:

(1) within such waiting period; or

(2) if a hearing has been called and written notice thereof given by the commissioner during such waiting period, then within ten (10) days after the date of commencement of such hearing.

Upon the commissioner's own motion, or upon timely written request by any insurance producer or broker of the company or companies to which such filing or deviation is applicable, if such request is in good faith and states reasonable grounds, the commissioner may at any time within the waiting period call a hearing upon not less than ten (10) nor more than fifteen (15) days written notice to the company or rating organization making the filing or to the company filing the deviation. Within ten (10) days after the commencement of such hearing, the commissioner shall in writing either approve such filing or deviation or shall disapprove the same as provided in this section.

Formerly: Acts 1967, c.133, s.7. As amended by P.L.252-1985, SEC.110; P.L.178-2003, SEC.24; P.L.136-2018, SEC.166.
Ind. Code § 27-14.5-1-18 — Indiana Code / Title 27 / Article 14.5 / Chapter 1 / Section 27-14.5-1-18
"Member"
Status: in_force

Sec. 18. "Member" means a person that, according to the:

(1) records; and

(2) articles of incorporation and bylaws;

of a mutual insurance company or mutual insurance holding company, as applicable, is a member or policyholder of the mutual insurance company or mutual insurance holding company, as applicable, with voting rights.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-7-3.6-6 — Indiana Code / Title 27 / Article 7 / Chapter 3.6 / Section 27-7-3.6-6
Deposits
Status: in_force

Sec. 6. The following shall be deposited in the title insurance enforcement fund:

(1) Policy reporting fees remitted by title insurers to the commissioner under section 7 of this chapter.

(2) Other amounts remitted to the commissioner or the department that are required by law to be deposited into the title insurance enforcement fund.

As added by P.L.171-2006, SEC.5. Amended by P.L.1-2007, SEC.185.
Ind. Code § 27-1-37.5-14 — Indiana Code / Title 27 / Article 1 / Chapter 37.5 / Section 27-1-37.5-14
Contrary contract provision void
Status: in_force

Sec. 14. A provision that:

(1) is contained in a policy or contract that is entered into, amended, or renewed after June 30, 2025; and

(2) contradicts this chapter;

is void.

As added by P.L.77-2018, SEC.2. Amended by P.L.144-2025, SEC.24.
Ind. Code § 27-1-3.5-6 — Indiana Code / Title 27 / Article 1 / Chapter 3.5 / Section 27-1-3.5-6
Annual audit; filing; time; extension
Status: in_force

Sec. 6. (a) A domestic insurer shall have an audit by an independent auditor every year and shall file an audited financial report with the commissioner every year before June 1 immediately following the December 31 that ends the year reported on in the financial report. The commissioner may require a domestic insurer to file an audited financial report earlier than June 1 if the commissioner gives the domestic insurer ninety (90) days advance notice of the earlier filing date.

(b) An extension of the June 1 filing date may be granted by the commissioner for thirty (30) days upon a showing by the insurer and its independent auditor of the reasons for requesting the extension and a determination by the commissioner that there is good cause for an extension. The request for an extension must be submitted in writing at least ten (10) days before the due date, and must include sufficient detail to permit the commissioner to make an informed decision with respect to the requested extension.

As added by P.L.244-1989, SEC.2. Amended by P.L.251-1995, SEC.6.
Ind. Code § 27-1-24.2-1.5 — Indiana Code / Title 27 / Article 1 / Chapter 24.2 / Section 27-1-24.2-1.5
"Actual acquisition cost"
Status: in_force

Sec. 1.5. As used in this chapter, "actual acquisition cost" means the purchase price of a drug paid by a pharmacy net of all discounts, rebates, chargebacks, and other adjustments to the price of the drug. The term does not include professional fees.

As added by P.L.189-2025, SEC.1.
Ind. Code § 27-1-8-5 — Indiana Code / Title 27 / Article 1 / Chapter 8 / Section 27-1-8-5
Execution and presentation of articles of amendment to department
Status: in_force

Sec. 5. The form of the articles of amendment shall be prescribed and furnished by the department. The articles of amendment shall be prepared and signed in triplicate originals by the president or a vice-president and by the secretary or an assistant secretary of the corporation, and shall be acknowledged before a notary public by the officers signing the articles and shall be presented in triplicate originals to the department at its office, for the approval or disapproval of the department.

Formerly: Acts 1935, c.162, s.105.
Ind. Code § 27-8-13-8 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-8
Application of chapter
Status: in_force

Sec. 8. (a) Except as otherwise specifically provided, this chapter applies to the following:

(1) All Medicare supplement policies delivered or issued for delivery in Indiana on or after June 1, 1989.

(2) All certificates issued under group Medicare supplement policies that have been delivered or issued for delivery in Indiana.

(b) This chapter does not apply to insurance policies or health care benefit plans, including group conversion policies, provided to Medicare eligible persons that are not marketed or held to be Medicare supplement policies or benefit plans.

As added by P.L.255-1989, SEC.5. Amended by P.L.126-1992, SEC.6.
Ind. Code § 27-1-3-8 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-8
Repealed
Status: repealed

Formerly: Acts 1935, c.162, s.15. Repealed by P.L.26-1991, SEC.28.
Ind. Code § 27-14.5-4-7 — Indiana Code / Title 27 / Article 14.5 / Chapter 4 / Section 27-14.5-4-7
Insurance commissioner to inform applicant of decision on plan of reorganization
Status: in_force

Sec. 7. (a) The commissioner shall transmit to the applicant any order approving or disapproving a plan submitted under this article.

(b) If the commissioner disapproves a plan, the commissioner shall provide the applicant with a written statement detailing:

(1) the reasons for; and

(2) all findings in connection with;

the disapproval.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-4-1-15 — Indiana Code / Title 27 / Article 4 / Chapter 1 / Section 27-4-1-15
Enforcement; additional personnel
Status: in_force

Sec. 15. (a) For the purpose of maintaining the affirmative, active, and definite administration of the provisions of this chapter, the commissioner, with the approval of the governor, may appoint such additional actuaries, agents, deputies, examiners, assistants, stenographers, reporters, and other employees in the department as may be found necessary to carry out the provisions of this chapter. Except as otherwise provided in this chapter, such additional deputies, examiners, assistants, reporters, and employees so appointed shall be chosen for their fitness, either professional or practical, as the nature of the position may require, irrespective of their political beliefs or affiliations. The technical or professional qualifications of any applicant shall be determined by examination, professional rating, or otherwise, as the commissioner with the approval of the governor may determine. Subject to the approval of the governor and the state budget director, the salaries of such additional actuaries, agents, deputies, examiners, assistants, stenographers, reporters, and other employees shall be fixed by the commissioner. Any actuary agent, deputy, examiner, assistant, stenographer, or employee so employed may be removed at any time by the commissioner.

(b) In the absence of the commissioner, he may, by written order, designate a deputy to conduct any hearing, and, in such case, such deputy commissioner shall possess and may exercise all powers of the commissioner with respect to the matter in hearing.

(c) Neither the commissioner nor any actuary, deputy, examiner, assistant, or employee in the department shall be liable in their individual capacity, except to the state of Indiana, for any act done or omitted in connection with the performance of their respective duties under the provisions of this chapter.

Formerly: Acts 1947, c.112, s.15. As amended by P.L.252-1985, SEC.155.
Ind. Code § 27-7-17.5-7 — Indiana Code / Title 27 / Article 7 / Chapter 17.5 / Section 27-7-17.5-7
Dental service; fee amount
Status: in_force

Sec. 7. A dental plan may not directly or indirectly require a provider to provide a dental service to a covered individual at a fee amount that is:

(1) set by the dental plan; or

(2) subject to the approval of the dental plan;

unless the dental service is a covered service.

As added by P.L.42-2022, SEC.1.
Ind. Code § 27-2-27-4 — Indiana Code / Title 27 / Article 2 / Chapter 27 / Section 27-2-27-4
"Consumer"
Status: in_force

Sec. 4. As used in this chapter, "consumer" means a resident of Indiana whose nonpublic information is in a licensee's possession, custody, or control.

As added by P.L.130-2020, SEC.10.
Ind. Code § 27-8-5-26 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-26
Post-mastectomy coverage
Status: in_force

Sec. 26. (a) As used in this section, "mastectomy" means the removal of all or part of the breast for reasons that are determined by a licensed physician to be medically necessary.

(b) A policy of accident and sickness insurance that provides coverage for a mastectomy may not be issued, amended, delivered, or renewed in Indiana unless the policy provides coverage as required under 29 U.S.C. 1185b, including coverage for:

(1) prosthetic devices; and

(2) reconstructive surgery incident to a mastectomy including:

(A) all stages of reconstruction of the breast on which the mastectomy has been performed;

(B) surgery and reconstruction of the other breast to produce symmetry; and

(C) chest wall reconstruction, including aesthetic flat closure (as defined by the National Cancer Institute);

in the manner determined by the attending physician and the patient to be appropriate.

(c) In addition to the coverage required by 29 U.S.C. 1185b, a policy of accident and sickness insurance that provides coverage for a mastectomy must provide coverage for:

(1) custom fabricated breast prostheses; and

(2) one (1) additional breast prosthesis per breast affected by the mastectomy.

(d) Coverage required under this section is subject to:

(1) the deductible and coinsurance provisions applicable to a mastectomy; and

(2) all other terms and conditions applicable to other benefits.

(e) An insurer that issues a policy of accident and sickness insurance shall provide to an insured, at the time the policy is issued and annually thereafter, written notice of the coverage required under this section. Notice that is sent by the insurer that meets the requirements set forth in 29 U.S.C. 1185b constitutes compliance with this subsection.

(f) The coverage required under this section applies to a policy of accident and sickness insurance that provides coverage for a mastectomy, regardless of whether an individual who:

(1) underwent a mastectomy; and

(2) is covered under the policy;

was covered under the policy at the time of the mastectomy.

(g) Except as provided in subsection (b)(2)(C) and subsection (c), this section does not require an insurer to provide coverage related to post mastectomy care that exceeds the coverage required for post mastectomy care under federal law.

As added by P.L.150-1997, SEC.3. Amended by P.L.96-2002, SEC.2; P.L.204-2003, SEC.1; P.L.67-2020, SEC.2; P.L.3-2024, SEC.5.
Ind. Code § 27-1-7-12.5 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-12.5
Directors; good faith discharge of duties; liability; conflict of interest; authorization of unlawful payments to shareholders
Status: in_force

Sec. 12.5. (a) A director shall, based on facts then known to the director, discharge the duties as a director, including the director's duties as a member of a committee:

(1) in good faith;

(2) with the care an ordinarily prudent person in a like position would exercise under similar circumstances; and

(3) in a manner the director reasonably believes to be in the best interests of the corporation.

(b) In discharging the director's duties, a director is entitled to rely on information, opinions, reports, or statements, including financial statements and other financial data, if prepared or presented by:

(1) one (1) or more officers or employees of the corporation whom the director reasonably believes to be reliable and competent in the matters presented;

(2) legal counsel, public accountants, or other persons as to matters the director reasonably believes are within the person's professional or expert competence; or

(3) a committee of the board of directors of which the director is not a member if the director reasonably believes the committee merits confidence.

(c) A director is not acting in good faith if the director has knowledge concerning the matter in question that makes reliance otherwise permitted by subsection (b) unwarranted.

(d) A director may, in considering the best interests of a corporation, consider the effects of any action on shareholders, members, policyholders, agents, employees, suppliers, and customers of the corporation, and the communities in which offices or other facilities of the corporation are located, and any other factors the director considers pertinent.

(e) A director is not liable for any action taken as a director, or any failure to take any action, unless:

(1) the director has breached or failed to perform the duties of the director's office under subsections (a) through (d); and

(2) the breach or failure to perform constitutes willful misconduct or recklessness.

(f) A conflict of interest transaction is a transaction with the corporation in which a director of the corporation has a direct or indirect interest. A conflict of interest transaction is not voidable by the corporation solely because of the director's interest in the transaction if any one (1) of the following is true:

(1) The material facts of the transaction and the director's interest were disclosed or known to the board of directors or a committee of the board of directors and the board of directors or committee authorized, approved, or ratified the transaction.

(2) The material facts of the transaction and the director's interest were disclosed or known to the shareholders entitled to vote and they authorized, approved, or ratified the transaction.

(3) The transaction was fair to the corporation.

(g) For purposes of subsection (f), a director of the corporation has an indirect interest in a transaction if:

(1) another entity in which the director has a material financial interest or in which the director is a general partner is a party to the transaction; or

(2) another entity of which the director is a director, officer, or trustee is a party to the transaction and the transaction is, or is required to be, considered by the board of directors of the corporation.

(h) For purposes of subsection (f)(1), a conflict of interest transaction is authorized, approved, or ratified if it receives the affirmative vote of a majority of the directors on the board of directors (or on the committee) who have no direct or indirect interest in the transaction, but a transaction may not be authorized, approved, or ratified under this section by a single director. If a majority of the directors who have no direct or indirect interest in the transaction vote to authorize, approve, or ratify the transaction, a quorum is present for the purpose of taking action under this section. The presence of, or a vote cast by, a director with a direct or indirect interest in the transaction does not affect the validity of any action taken under subsection (f)(1) if the transaction is otherwise authorized, approved, or ratified as provided in subsection (f)(1).

(i) For purposes of subsection (f)(2), shares owned by or voted under the control of a director who has a direct or indirect interest in the transaction, and shares owned by or voted under the control of an entity described in subsection (g), may be counted in a vote of shareholders to determine whether to authorize, approve, or ratify a conflict of interest transaction.

(j) Subject to subsection (e), a director who votes for or assents to a payment in the form of a dividend or otherwise to the corporation's shareholders made in violation of this article or the articles of incorporation is personally liable to the corporation for the amount of the payment that exceeds what could have been paid without violating this article or the articles of incorporation.

(k) A director held liable for an unlawful payment under subsection (j) is entitled to contribution:

(1) from every other director who voted for or assented to the distribution, subject to subsection (e); and

(2) from each shareholder for the amount the shareholder accepted.

(l) The purchase and holding of a contract of insurance or annuity or a certificate in a group policy by a director does not constitute a conflict of interest.

As added by P.L.266-1987, SEC.4.
Ind. Code § 27-14.5-6-5 — Indiana Code / Title 27 / Article 14.5 / Chapter 6 / Section 27-14.5-6-5
Petition for judicial review; action for mandate
Status: in_force

Sec. 5. (a) A person who is aggrieved by an agency action of the commissioner under this article may petition for judicial review of the action in accordance, so far as practicable, with IC 4-21.5-5.

(b) A person who is aggrieved by a failure of the commissioner to act or make a determination required by this article may bring an action for mandate in the circuit court of Marion County to compel the commissioner to act or make the determination.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-9-3.1-10 — Indiana Code / Title 27 / Article 9 / Chapter 3.1 / Section 27-9-3.1-10
"Swap agreement"
Status: in_force

Sec. 10. As used in this chapter, "swap agreement" has the meaning set forth in the Federal Deposit Insurance Act (12 U.S.C. 1821).

As added by P.L.11-2011, SEC.36.
Ind. Code § 27-1-36-40 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-40
Action by commissioner after authorized control level event
Status: in_force

Sec. 40. (a) If an authorized control level event occurs with respect to an insurer, the commissioner shall:

(1) take the actions required under section 36 of this chapter regarding an insurer; or

(2) if the commissioner considers it to be in the best interests of:

(A) the policyholders and creditors of the insurer; and

(B) the public;

take any action necessary to cause the insurer to be placed under regulatory control under IC 27-9.

(b) An authorized control level event is sufficient grounds for the commissioner to:

(1) determine, under IC 27-9-2-1, that an insurer has committed or engaged in, or is about to commit or engage in, an act, a practice, or a transaction that would subject the insurer to a delinquency proceeding under IC 27-9-3-1 or IC 27-9-3-6; and

(2) serve upon the insurer, under IC 27-9-2-1, orders reasonably necessary to correct, eliminate, or remedy the conduct, condition, or ground.

The commissioner has the rights, powers, and duties with respect to the insurer that are set forth in IC 27-9.

(c) If the commissioner takes action under subsection (a)(2), the insurer is entitled to the protections of IC 27-9-2 pertaining to summary proceedings.

As added by P.L.186-1996, SEC.1.
Ind. Code § 27-1-24.2-3 — Indiana Code / Title 27 / Article 1 / Chapter 24.2 / Section 27-1-24.2-3
"Common control"
Status: in_force

Sec. 3. As used in this chapter, "common control" includes:

(1) sharing common management or managers; and

(2) having common members on boards of directors.

As added by P.L.189-2025, SEC.1.
Ind. Code § 27-14.5-5-7 — Indiana Code / Title 27 / Article 14.5 / Chapter 5 / Section 27-14.5-5-7
Insurance holding company system; when separate filing or approval is not required
Status: in_force

Sec. 7. (a) A mutual insurance holding company, an intermediate stock holding company, and stock insurance company subsidiaries that are owned entirely or in part, directly or indirectly, by the mutual insurance holding company constitute an insurance holding company system (as defined in IC 27-1-23-1).

(b) Notwithstanding subsection (a), a separate filing or approval is not required under IC 27-1-23 for a reorganization that:

(1) is included in a plan approved under this article; and

(2) does not involve the acquisition of control of an insurance company that is not affiliated with the applicant before the reorganization.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-1-7-7 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-7
Meetings of shareholders, members, or policyholders; location; annual meeting; special meetings; notice; quorum; actions taken without meeting
Status: in_force

Sec. 7. (a) All meetings of shareholders, members, or policyholders shall be held within this state and at the principal office of the corporation, unless otherwise provided in the articles of incorporation.

(b) An annual meeting of shareholders, members, or policyholders shall be held within five (5) months after the close of each fiscal year of the corporation and at such time within that period as the bylaws may provide. The failure to hold the annual meeting at the designated time shall not work any forfeiture or a dissolution of the corporation. The time and place of such annual meeting of a mutual company may be stated in the policies thereof or notice of such meeting shall be given as provided in subsection (d).

(c) Special meetings of the shareholders, members, or policyholders may be called by the president, by the board of directors, by shareholders, members, or policyholders holding not less than one-fourth (1/4) of all of the shares or policies outstanding and entitled by the articles of incorporation to vote on the business proposed to be transacted thereat, or by such other officers or persons as the bylaws may provide.

(d) A written or printed notice stating the place, day, and hour of the meeting, and in case of a special meeting, the purpose or purposes for which the meeting is called, shall be delivered or mailed by the secretary, or by the officers or persons calling the meeting, to each shareholder, member, or policyholder of record, entitled by the articles of incorporation and by this article to vote at such meeting, at such address as appears upon the records of the corporation, at least thirty (30) days before the date of the meeting. Notice of any meeting of the shareholders, members, or policyholders may be waived in writing by any shareholder, member, or policyholder if the waiver sets forth in reasonable detail the purpose or purposes for which the meeting is called and the time and place thereof. Attendance at any meeting in person or by proxy shall constitute a waiver of notice of such meeting.

(e) Unless otherwise provided in the articles of incorporation or by the provisions of this article or the bylaws, at any meeting of the shareholders, members, or policyholders, a majority of the shares of the outstanding capital stock entitled by the articles of incorporation to vote at such meeting or in the case of a company other than a stock company, not less than ten percent (10%) of the policyholders or members entitled to vote at such meeting, represented in person or by proxy, shall constitute a quorum.

(f) Unless otherwise provided in the articles of incorporation or bylaws, action to be taken at a meeting of shareholders, members, or policyholders may be taken without a meeting if the action is taken by all the shareholders, members, or policyholders entitled to vote on the action. The action must be evidenced by one (1) or more written consents that:

(1) describe the action taken;

(2) are signed by all the shareholders, members, or policyholders entitled to vote on the action; and

(3) are delivered to the corporation for inclusion in the minutes or for filing with the corporate records.

(g) The record date for determining shareholders, members, or policyholders entitled to take action without a meeting is the date the first shareholder, member, or policyholder signs the consent under subsection (f).

(h) Action taken under subsection (f) is effective when the last shareholder, member, or policyholder signs the consent, unless the consent specifies a different prior or subsequent effective date.

(i) A consent signed under subsection (f) has the effect of a meeting vote and may be described as a meeting vote in any document.

Formerly: Acts 1935, c.162, s.85; Acts 1965, c.6, s.1. As amended by P.L.252-1985, SEC.28; P.L.185-1997, SEC.1.
Ind. Code § 27-1-12.3-2 — Indiana Code / Title 27 / Article 1 / Chapter 12.3 / Section 27-1-12.3-2
Required provisions in policies
Status: in_force

Sec. 2. Policies issued after August 31, 1983, must contain a provision for policy loan interest rates permitting:

(1) a maximum interest rate of not more than eight percent (8%) per year; or

(2) an adjustable interest rate established from time to time as follows:

(A) The maximum rate of interest shall be the greater of the rate determined by the published monthly average for the calendar month ending two (2) months before the date on which the interest rate is determined or the rate used to compute the cash surrender values under the policy during the applicable loan period as required in IC 27-1-12-7(5), plus one percent (1%) per year.

(B) The maximum interest rate for each policy shall be determined at regular intervals at least once every twelve (12) months, but not more frequently than once every three (3) months. The interval must be specified in the policy.

(C) As of the time of the periodic maximum interest determination, the interest rate on the policy loan will be fixed, not below the minimum rate, as follows:

(i) If the maximum rate is greater than the last previous establishment or change of the interest rate, the interest rate may at the option of the insurer be increased to any rate not in excess of the maximum rate.

(ii) If the maximum rate is less than the last previous establishment or change of the interest rate, the interest rate will be decreased to the new maximum rate.

(iii) Notwithstanding subparts (i) and (ii) of this clause (C), no change in interest rate which is less than one-half percent (1/2%) will be made.

(D) The most recently determined interest rate on a loan made on any policy will apply to the unpaid amount of all policy loans previously made thereon.

As added by Acts 1981, P.L.240, SEC.1. Amended by P.L.260-1983, SEC.6.
Ind. Code § 27-1-25.1-1 — Indiana Code / Title 27 / Article 1 / Chapter 25.1 / Section 27-1-25.1-1
"Affiliate"
Status: in_force

Sec. 1. As used in this chapter, "affiliate" has the meaning set forth in IC 27-1-25-1(b).

As added by P.L.160-2003, SEC.22.
Ind. Code § 27-13-8-3 — Indiana Code / Title 27 / Article 13 / Chapter 8 / Section 27-13-8-3
Annual Statement Blank; quarterly reports
Status: in_force

Sec. 3. (a) This section applies to a domestic health maintenance organization that is authorized to transact business in Indiana.

(b) On or before March 1 of each year, a health maintenance organization shall file with the NAIC and with the department a copy of the health maintenance organization's Annual Statement Blank and additional filings prescribed by the commissioner for the preceding year. A health maintenance organization shall also file quarterly statements with the NAIC and with the department, on or before May 15, August 15, and November 15 of each year, in a form prescribed by the commissioner. The information filed with the NAIC under this subsection:

(1) must be:

(A) in the same format; and

(B) of the same scope;

as is required by the commissioner under section 1 of this chapter;

(2) to the extent required by the NAIC, must include the signed jurat page and the actuarial certification; and

(3) must be filed electronically in accordance with NAIC electronic filing specifications.

The commissioner may, for good cause shown, grant an exemption from the requirement of this section to domestic health maintenance organizations that operate only in Indiana. If a health maintenance organization files any amendment or addendum to the health maintenance organization's Annual Statement Blank or quarterly statement with the commissioner, the health maintenance organization shall also file a copy of the amendment or addendum with the NAIC. Annual Statement Blanks and quarterly financial statements are considered filed with the NAIC when delivered to the address designated by the NAIC for the filings, regardless of whether the filing is accompanied by any applicable fee.

(c) The commissioner may, for good cause shown, grant a health maintenance organization an extension of time for the filing required by subsection (b).

(d) In the absence of actual malice:

(1) members of the NAIC;

(2) duly authorized committees, subcommittees, and task forces of members of the NAIC;

(3) delegates of members of the NAIC;

(4) employees of the NAIC; and

(5) other persons responsible for collecting, reviewing, analyzing, and disseminating information developed from the filing of Annual Statement Blanks under this section;

shall be considered to be acting as agents of the commissioner under the authority of this section and are not subject to civil liability for libel, slander, or any other cause of action by virtue of the collection, review, analysis, or dissemination of the data and information collected from the filings required by this section.

(e) The commissioner may suspend, revoke, or refuse to renew the certificate of authority of a health maintenance organization that fails to file the health maintenance organization's Annual Statement Blank or quarterly statements with the NAIC or with the department within the time allowed by subsection (b) or (c).

As added by P.L.203-2001, SEC.22. Amended by P.L.124-2018, SEC.93.
Ind. Code § 27-1-10-3 — Indiana Code / Title 27 / Article 1 / Chapter 10 / Section 27-1-10-3
Reinsurance of noncancellable policies
Status: in_force

Sec. 3. Nothing contained in this article shall authorize or be construed to authorize the dissolution of any life insurance company or health and accident insurance company having noncancellable policies in force, after the same shall have commenced business, unless and until all of its policies shall have been reinsured, to the satisfaction of the commissioner, in a solvent life insurance company or health and accident insurance company respectively.

Formerly: Acts 1935, c.162, s.133. As amended by P.L.252-1985, SEC.49.
Ind. Code § 27-13-31-3 — Indiana Code / Title 27 / Article 13 / Chapter 31 / Section 27-13-31-3
Information and records subject to subpoena or discovery
Status: in_force

Sec. 3. (a) Notwithstanding IC 27-13-30, the information considered by a health care review committee and the record of the actions and proceedings of the committee are confidential for purposes of IC 5-14-3-4 and not subject to subpoena or order to produce, except:

(1) in proceedings before the appropriate state licensing or certifying agency; and

(2) in an appeal, if permitted, from the finding or recommendation of the health care review committee.

(b) If information considered by a health care review committee or records of the actions and proceedings of a health care review committee are used under subsection (a) by a state licensing or certifying agency or in an appeal, the information or records:

(1) shall be kept confidential; and

(2) are subject to the same provisions concerning discovery and use in legal actions as are the original information and records in the possession and control of a health care review committee.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-7-10-14 — Indiana Code / Title 27 / Article 7 / Chapter 10 / Section 27-7-10-14
Foreign risk retention groups seeking to do or doing business in Indiana; required information
Status: in_force

Sec. 14. (a) A risk retention group that is chartered and licensed in a state other than Indiana and that seeks to do business in Indiana shall comply with this section and with sections 15 through 22 of this chapter.

(b) Before offering insurance in Indiana, a risk retention group shall submit to the commissioner the following:

(1) A statement that sets forth the following:

(A) The state or states in which the risk retention group is chartered and licensed as a liability insurance company.

(B) The date on which the charter of the group was issued.

(C) The group's principal place of business.

(D) Any other information (including information on the membership of the group) that the commissioner may require to verify that the group meets the definition of risk retention group in section 11 of this chapter.

(2) A copy of the plan of operations or feasibility study, and of any revisions of that plan or study, submitted by the risk retention group to the state in which the group is chartered and licensed.

(3) A copy of the group's charter or license from its chartering state.

(4) A statement of registration (for which a filing fee shall be determined by the commissioner) that designates the commissioner as its agent for the purpose of receiving service of legal documents or process.

(c) A risk retention group that is chartered and licensed in a state other than Indiana and that is doing or seeks to do business in Indiana shall submit a copy of any revision of its plan of operation or feasibility study to the commissioner of this state at the same time that the revision is submitted to the commissioner of the group's chartering state.

(d) A risk retention group that is chartered and licensed in a state other than Indiana and that is doing business in Indiana shall submit to the commissioner of this state the following:

(1) A copy of the group's financial statement submitted to the state in which the risk retention group is chartered and licensed, which must be certified by an independent public accountant and must contain a statement of opinion on loss and loss adjustment expense reserves made by a member of the American Academy of Actuaries or by a qualified loss reserve specialist (under criteria established by the NAIC).

(2) A copy of each examination of the risk retention group as certified by the commissioner or public official conducting the examination.

(3) Upon request by the commissioner, a copy of any information or document pertaining to any outside audit performed with respect to the risk retention group.

(4) Such information as may be required to verify that the group continues to meet the definition of risk retention group in section 11 of this chapter.

As added by P.L.162-1988, SEC.2. Amended by P.L.124-2018, SEC.73.
Ind. Code § 27-11-7-2 — Indiana Code / Title 27 / Article 11 / Chapter 7 / Section 27-11-7-2
Financial affairs of fraternal benefit societies
Status: in_force

Sec. 2. (a) All assets shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights in the assets or become entitled to any apportionment on the surrender of any part of the assets, except as provided in the benefit contract.

(b) A society may create, maintain, invest, disburse, and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society.

(c) A society may, pursuant to resolution of its supreme governing body, establish and operate one (1) or more separate accounts and issue contracts on a variable basis, subject to the provisions of law regulating life insurers establishing accounts and issuing contracts. To the extent the society considers it necessary in order to comply with any applicable federal or state laws or any rules issued under the applicable federal or state laws, the society may:

(1) adopt special procedures for the conduct of the business and affairs of a separate account;

(2) for persons having beneficial interest in the account, provide special voting and other rights, including without limitation special rights and procedures relating to investment policy, investment advisory services, selection of certified public accountants, and selection of a committee to manage the business and affairs of the account; and

(3) issue contracts on a variable basis to which IC 27-11-6-5 and IC 27-11-6-7 shall not apply.

As added by P.L.262-1985, SEC.1. Amended by P.L.136-2018, SEC.202.
Ind. Code § 27-8-29-1 — Indiana Code / Title 27 / Article 8 / Chapter 29 / Section 27-8-29-1
"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 27-8-28-1.

As added by P.L.66-2001, SEC.3 and P.L.203-2001, SEC.14.
Ind. Code § 27-15-10-1 — Indiana Code / Title 27 / Article 15 / Chapter 10 / Section 27-15-10-1
Purpose of provisions; prohibitions
Status: in_force

Sec. 1. (a) The sole purpose of any dividend preservation provision shall be to provide for reasonable policyholder dividend expectations on policies that provide for the distribution of policy dividends.

(b) No dividend preservation provision in a plan under this article shall be permitted:

(1) to be a substitute for the distribution of consideration to eligible members upon extinguishing their membership interests as required by this article; or

(2) to diminish any contractual rights to a dividend that a member or policyholder may have.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-14.5-1-8 — Indiana Code / Title 27 / Article 14.5 / Chapter 1 / Section 27-14.5-1-8
"Applicant"
Status: in_force

Sec. 8. "Applicant" means, with respect to a plan, a person that has submitted a plan to the commissioner under this article.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-7-1-6 — Indiana Code / Title 27 / Article 7 / Chapter 1 / Section 27-7-1-6
Unearned premium reserve
Status: in_force

Sec. 6. Such Lloyds shall maintain the same unearned premium reserve as is required of all domestic stock companies writing a like business.

Formerly: Acts 1919, c.177, s.6.
Ind. Code § 27-1-34-9 — Indiana Code / Title 27 / Article 1 / Chapter 34 / Section 27-1-34-9
Rules
Status: in_force

Sec. 9. The department of insurance shall adopt rules under IC 4-22-2 necessary to implement this chapter, including but not limited to:

(1) certificate of registration requirements;

(2) reinsurance requirements;

(3) reserve levels;

(4) deposits;

(5) financial reporting;

(6) fidelity bonds; and

(7) the operations;

of multiple employer welfare arrangements.

As added by P.L.1-1992, SEC.149.
Ind. Code § 27-13-19-1 — Indiana Code / Title 27 / Article 13 / Chapter 19 / Section 27-13-19-1
"Discontinuance" defined
Status: in_force

Sec. 1. As used in this chapter, "discontinuance" means the termination of the contract between a group contract holder and a health maintenance organization due to the receivership of the health maintenance organization. The term does not refer to the termination of an individual contract.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-1-49-5 — Indiana Code / Title 27 / Article 1 / Chapter 49 / Section 27-1-49-5
"Price protection rebate"
Status: in_force

Sec. 5. As used in this chapter, "price protection rebate" means a negotiated price concession that accrues directly or indirectly to an insurer, or another party on behalf of an insurer, if there is an increase in the wholesale acquisition cost of a prescription drug above a specified threshold.

As added by P.L.166-2023, SEC.2.
Ind. Code § 27-1-37.7-4 — Indiana Code / Title 27 / Article 1 / Chapter 37.7 / Section 27-1-37.7-4
Submitting information on prior authorization disputes
Status: in_force

Sec. 4. A health care provider or health plan may submit information concerning a dispute between a health care provider and a health plan regarding prior authorization to the department.

As added by P.L.215-2025, SEC.53.
Ind. Code § 27-8-8-7 — Indiana Code / Title 27 / Article 8 / Chapter 8 / Section 27-8-8-7
Association plan of operation
Status: in_force

Sec. 7. (a) The association shall submit to the commissioner a plan of operation and any amendments to the plan of operation that are necessary or appropriate to assure the fair, reasonable, and equitable administration of the association. The plan of operation and an amendment to the plan of operation are effective:

(1) if the plan or amendment is not disapproved by the commissioner within thirty (30) days after being submitted to the commissioner; or

(2) upon the commissioner's written approval, if sooner than the time set in subdivision (1).

(b) If the association fails to submit a suitable plan of operation within one hundred eighty (180) days from September 1, 1978, or if at any other time the association fails to submit suitable amendments to the plan, the commissioner shall adopt rules under IC 4-22-2 necessary to effectuate the provisions of this chapter. The rules continue in force until modified by the commissioner or superseded by a plan submitted by the association and approved by the commissioner.

(c) A member insurer shall comply with the plan of operation.

(d) The plan of operation must, in addition to requirements stated elsewhere in this chapter establish:

(1) procedures for handling the assets of the association;

(2) the amount and method of reimbursing members of the board under section 4 of this chapter;

(3) regular places and times for meetings, including, if desired by the association, telephone conference calls, of the board;

(4) procedures for records to be kept of all financial transactions of the association, its agents, and the board;

(5) procedures whereby selections for the board will be made and submitted to the commissioner; and

(6) any additional procedures for assessments under sections 6 and 6.2 of this chapter.

The plan of operation may contain additional provisions necessary or appropriate for the execution of the powers and duties of the association.

(e) The plan of operation may provide that any or all powers and duties of the association, except those under sections 5(r)(3), 6, 6.2, and 6.5 of this chapter, may be delegated to a corporation, association, or other organization that performs or will perform functions similar to those of the association, or its equivalent, in two (2) or more states. The corporation, association, or organization must be reimbursed for payments made on behalf of the association and must be paid for its performance of any function of the association. A delegation under this subsection takes effect only with the approval of both the board and the commissioner and may be made only to a corporation, association, or organization that extends protection that is not substantially less favorable and effective than that provided by this chapter.

(f) To the extent and in the manner specified in the plan of operation, the board may create one (1) or more committees, each of which may exercise the authority of the board to the extent specified in the plan of operation or by the board.

As added by Acts 1978, P.L.129, SEC.3. Amended by P.L.193-2006, SEC.21.
Ind. Code § 27-1-3-32 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-32
Posting of life insurance and other financial information
Status: in_force

Sec. 32. The department shall develop, post, and maintain on the department's Internet web site information related to life insurance, including the manner in which an individual may do the following:

(1) Obtain information concerning the existence of a life insurance policy.

(2) File a claim for life insurance benefits.

(3) Make provision for resolution of financial affairs after the individual's death, including notification of life insurance beneficiaries and making financial documents known and accessible to survivors.

As added by P.L.166-2015, SEC.1.
Ind. Code § 27-15-6-3 — Indiana Code / Title 27 / Article 15 / Chapter 6 / Section 27-15-6-3
Effect of plan and amendment
Status: in_force

Sec. 3. When the plan of conversion and the amendment to the articles of incorporation of the converting mutual become effective:

(1) the converting mutual shall:

(A) be converted from a domestic mutual insurance company to a domestic stock insurance company; and

(B) have all the rights, privileges, immunities, and powers and be subject to all the duties and liabilities of a stock insurance company existing under this title;

(2) the membership interests of every member and policyholder of the converting mutual are extinguished and cease; and

(3) the rights of every member and policyholder of the converting mutual under any contract of insurance continue in force under the terms of the contract, including rights, if any, to policyholder dividends.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-2-27-15 — Indiana Code / Title 27 / Article 2 / Chapter 27 / Section 27-2-27-15
"Third party service provider"
Status: in_force

Sec. 15. As used in this chapter, "third party service provider" means a person that contracts with a licensee to maintain, process, store, or otherwise is permitted access to nonpublic information through its provision of services to the licensee.

As added by P.L.130-2020, SEC.10.
Ind. Code § 27-8-25-2 — Indiana Code / Title 27 / Article 8 / Chapter 25 / Section 27-8-25-2
"Clinical trial"
Status: in_force

Sec. 2. As used in this chapter, "clinical trial" means a Phase I, II, III, or IV research study:

(1) that is conducted:

(A) using a particular care method to prevent, diagnose, or treat a cancer for which:

(i) there is no clearly superior, noninvestigational alternative care method; and

(ii) available clinical or preclinical data provides a reasonable basis from which to believe that the care method used in the research study is at least as effective as any noninvestigational alternative care method;

(B) in a facility where personnel providing the care method to be followed in the research study have:

(i) received training in providing the care method;

(ii) expertise in providing the type of care required for the research study; and

(iii) experience providing the type of care required for the research study to a sufficient volume of patients to maintain expertise; and

(C) to scientifically determine the best care method to prevent, diagnose, or treat the cancer; and

(2) that is approved or funded by one (1) of the following:

(A) A National Institutes of Health institute.

(B) A cooperative group of research facilities that has an established peer review program that is approved by a National Institutes of Health institute or center.

(C) The federal Food and Drug Administration.

(D) The United States Department of Veterans Affairs.

(E) The United States Department of Defense.

(F) The institutional review board of an institution located in Indiana that has a multiple project assurance contract approved by the National Institutes of Health Office for Protection from Research Risks as provided in 45 CFR 46.103.

(G) A research entity that meets eligibility criteria for a support grant from a National Institutes of Health center.

As added by P.L.109-2009, SEC.3.
Ind. Code § 27-2-15-6 — Indiana Code / Title 27 / Article 2 / Chapter 15 / Section 27-2-15-6
Claims against set aside; use of funds
Status: in_force

Sec. 6. (a) Upon a judgment being rendered under IC 36-7-9-13(c) or IC 36-7-9-13(d), the municipality is entitled to the available insurance proceeds set aside only:

(1) to the extent of the costs set forth in IC 36-7-9-12; and

(2) for demolition and rehabilitation expenses certified under section 5(b) of this chapter.

Available insurance proceeds set aside under section 5 of this chapter may not be used to pay the costs of fire service, police service, or any other service provided in the normal course of the municipality's business.

(b) All claims by the municipality against the available insurance proceeds must be made within one (1) year after the date of the fire or explosion or within one (1) year after the final outcome of a case or appeal initiated under IC 36-7-9, whichever is later. Proceeds in the escrow account that are not claimed in this manner shall be paid to the insured.

As added by P.L.247-1989, SEC.2. Amended by P.L.238-2013, SEC.9.
Ind. Code § 27-1-50.3-11 — Indiana Code / Title 27 / Article 1 / Chapter 50.3 / Section 27-1-50.3-11
Authorization to grant grace period for payment of fee; penalty; sanctions
Status: in_force

Sec. 11. (a) For good cause shown by a managed care organization due to financial or other difficulties, as determined by the office, the office is authorized to grant grace periods, of up to thirty (30) days, for the managed care organization's payment of an installment payment due under this chapter.

(b) If a managed care organization that is liable for an assessment under this chapter fails to make an installment payment by the payment's due date, and no grace period has been granted to the managed care organization for the payment of the installment payment, the managed care organization shall pay a penalty of ten percent (10%) of the amount of the installment payment not paid, plus ten percent (10%) of the portion remaining unpaid on the last day of every thirty (30) day period thereafter. These penalty payments shall be deposited into the managed care assessment fee holding fund.

(c) If a managed care organization that is liable for an assessment under this chapter is granted a grace period but fails to make its installment payment by the end of the grace period, the managed care organization shall pay a penalty of five percent (5%) of the amount of the installment payment not paid, plus five percent (5%) of the portion remaining unpaid on the last day of every thirty (30) day period thereafter. These penalty payments shall be deposited into the managed care assessment fee holding fund.

(d) Notwithstanding subsections (b) and (c), with respect to a managed care organization that has a comprehensive risk contract with the office under IC 12-15 that fails to make an installment payment not later than sixty (60) days after the due date or, if applicable, not later than sixty (60) days after the end of a grace period, the office may additionally impose a contractual sanction allowed against the managed care organization, and may terminate the contract with the office.

(e) Notwithstanding subsections (b) through (d), with respect to a managed care organization that fails to make an installment payment not later than sixty (60) days after the due date or, if applicable, not later than sixty (60) days after the end of a grace period, the department may suspend or revoke, after notice and hearing, the managed care organization's certificate of authority, license, or other authority to operate in Indiana.

As added by P.L.216-2025, SEC.47.
Ind. Code § 27-4-5-2 — Indiana Code / Title 27 / Article 4 / Chapter 5 / Section 27-4-5-2
Prohibition of unauthorized insurance business; exceptions; business by mail; venue; validity of contract; right to defend; prerequisites to action
Status: in_force

Sec. 2. (a) It is a Class A infraction for an insurer to transact insurance business in this state, as set forth in subsection (b), without a certificate of authority from the commissioner. However, this section does not apply to the following:

(1) The lawful transaction of surplus lines insurance.

(2) The lawful transaction of reinsurance by insurers.

(3) Transactions in this state involving a policy lawfully solicited, written, and delivered outside of this state covering only subjects of insurance not resident, located, or expressly to be performed in this state at the time of issuance, and which transactions are subsequent to the issuance of such policy.

(4) Attorneys acting in the ordinary relation of attorney and client in the adjustment of claims or losses.

(5) Transactions in this state involving group life and group sickness and accident or blanket sickness and accident insurance or group annuities where the master policy of such groups was lawfully issued and delivered in and pursuant to the laws of a state in which the insurer was authorized to do an insurance business, to a group organized for purposes other than the procurement of insurance, and where the policyholder is domiciled or otherwise has a bona fide situs.

(6) Transactions in this state relative to a policy issued or to be issued outside this state involving insurance on vessels, craft or hulls, cargos, marine builder's risk, marine protection and indemnity or other risk, including strikes and war risks commonly insured under ocean or wet marine forms of policy.

(7) Transactions in this state involving life insurance, health insurance, or annuities provided to religious or charitable institutions organized and operated without profit to any private shareholder or individual for the benefit of such institutions and individuals engaged in the service of such institutions.

(8) Transactions in this state involving contracts of insurance not readily obtainable in the ordinary insurance market and issued to one (1) or more industrial insureds. For purposes of this section, an "industrial insured" means an insured:

(A) who procures the insurance of any risk or risks by use of the services of a full-time employee acting as an insurance manager or buyer or the services of a regularly retained and continuously qualified insurance consultant;

(B) whose aggregate annual premium for insurance on all risks totals at least twenty-five thousand dollars ($25,000);

(C) who has at least twenty-five (25) full-time employees;

(D) who, on or before February 1 (for the preceding six (6) month period ending December 31) and August 1 (for the preceding six (6) month period ending June 30) of each year, remits to the department an amount equal to two and one-half percent (2.5%) of all gross premiums upon all policies and contracts procured by the insured under this section, plus:

(i) ten percent (10%) of the amount due for the first month after the date specified in this clause, during which the amount described in this clause is not remitted in compliance with this clause; and

(ii) an additional one percent (1%) of the amount due for each additional month during which the amount due under this clause is unpaid; and

(E) who files with the department, with the amount remitted under clause (D), an affidavit specifying all transactions undertaken and policies and contracts procured during the preceding calendar year, including the following:

(i) The description and location of the insured property or risk and the name of the insured.

(ii) The gross premiums charged for the policy or contract.

(iii) The name and home office address of the insurer that issues the policy or contract and the kind of insurance affected.

(iv) A statement that the insured, after diligent effort, was unable to procure from any insurer authorized to transact the particular kind of insurance business in Indiana the full amount of insurance coverage required to protect the insured.

(9) Transactions in Indiana involving the rendering of any service by any ambulance service provider and all fees, costs, and membership payments charged for the service. To qualify under this subdivision, the ambulance service provider:

(A) must have its ambulance service program approved by an ordinance of the legislative body of the county or city in which it operates; and

(B) may not offer any membership program that includes benefits exceeding five (5) years in duration.

(b) Any of the following acts in this state effected by mail or otherwise by or on behalf of an unauthorized insurer constitutes the transaction of an insurance business in this state. The venue of an act committed by mail is at the point where the matter transmitted by mail is delivered and takes effect. Unless otherwise indicated, the term "insurer" as used in this section includes all persons engaged as principals in the business of insurance and also includes interinsurance exchanges and mutual benefit societies.

(1) The making of or proposing to make, as an insurer, an insurance contract.

(2) The making of or proposing to make, as guarantor or surety, any contract of guaranty or suretyship as a vocation and not merely incidental to any other legitimate business or activity of the guarantor or surety.

(3) The taking or receiving of any application for insurance.

(4) The receiving or collection of any premium, commission, membership fees, assessments, dues, or other consideration for any insurance or any part thereof.

(5) The issuance or delivery of contracts of insurance to residents of this state or to persons authorized to do business in this state.

(6) Acting as an agent for or otherwise representing or aiding on behalf of another person or insurer in the solicitation, negotiation, procurement, or effectuation of insurance or renewals thereof or in the dissemination of information as to coverage or rates, or forwarding of applications, or delivery of policies or contracts, or inspection of risks, a fixing of rates or investigation or adjustment of claims or losses or in the transaction of matters subsequent to effectuation of the contract and arising out of it, or representing or assisting a person or an insurer in the transaction of insurance with respect to subjects of insurance resident, located, or to be performed in this state. This subdivision does not prohibit full-time salaried employees of a corporate insured from acting in the capacity of an insurance manager or buyer in placing insurance in behalf of the employer.

(c)(1) The failure of an insurer transacting insurance business in this state to obtain a certificate of authority does not impair the validity of any act or contract of such insurer and does not prevent such insurer from defending any action at law or suit in equity in any court of this state, but no insurer transacting insurance business in this state without a certificate of authority may maintain an action in any court of this state to enforce any right, claim, or demand arising out of the transaction of such business until such insurer obtains a certificate of authority.

(2) In the event of failure of any such unauthorized insurer to pay any claim or loss within the provisions of such insurance contract, any person who assisted or in any manner aided directly or indirectly in the procurement of such insurance contract is liable to the insured for the full amount of the claim or loss in the manner provided by the insurance contract.

Formerly: Acts 1969, c.194, s.2. As amended by Acts 1978, P.L.2, SEC.2720; P.L.161-1988, SEC.1; P.L.130-1994, SEC.39; P.L.116-1994, SEC.51; P.L.252-1995, SEC.2; P.L.11-2011, SEC.25; P.L.46-2019, SEC.1.
Ind. Code § 27-7-15-1 — Indiana Code / Title 27 / Article 7 / Chapter 15 / Section 27-7-15-1
"Casualty insurance company"
Status: in_force

Sec. 1. 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.32.
Ind. Code § 27-16-5-5 — Indiana Code / Title 27 / Article 16 / Chapter 5 / Section 27-16-5-5
Fees for registration under IC 27-16-4-7
Status: in_force

Sec. 5. A PEO seeking registration under IC 27-16-4-7 shall pay an initial and annual fee not to exceed two hundred fifty dollars ($250).

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-11-6-5 — Indiana Code / Title 27 / Article 11 / Chapter 6 / Section 27-11-6-5
Effect of changes, additions, or amendments to laws of society upon owner and beneficiaries of benefit contract
Status: in_force

Sec. 5. Any changes, additions, or amendments to the laws of the society duly made or enacted subsequent to the issuance of the certificate shall bind the owner and the beneficiaries and shall govern and control the benefit contract in all respects as though the changes, additions, or amendments had been made before and were in force at the time of the application for insurance, except that no change, addition, or amendment shall destroy or diminish benefits that the society contracted to give the owner as of the date of issuance.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-1-31-3 — Indiana Code / Title 27 / Article 1 / Chapter 31 / Section 27-1-31-3
Notice of nonrenewal
Status: in_force

Sec. 3. (a) Except as provided in subsection (b), if an insurer refuses to renew a policy of insurance written by the insurer, the insurer shall mail written notice of nonrenewal to the insured:

(1) at least forty-five (45) days before the expiration date of the policy, if the coverage provided is for one (1) year, or less; or

(2) at least forty-five (45) days before the anniversary date of the policy, if the coverage provided is for more than one (1) year.

(b) This subsection does not apply to worker's compensation insurance. If an insurer refuses to renew a policy of insurance written by the insurer, the insurer shall mail written notice of nonrenewal to the insured at least sixty (60) days before the anniversary date of the policy if the coverage is provided to a municipality (as defined in IC 36-1-2-11) or county entity.

(c) A notice of nonrenewal is not required if:

(1) the insured is transferred from an insurer to an affiliate of the insurer for future coverage; and

(2) the transfer results in the same or broader coverage.

As added by P.L.271-1987, SEC.4. Amended by P.L.160-2003, SEC.23; P.L.148-2017, SEC.7; P.L.196-2021, SEC.28; P.L.158-2024, SEC.11.
Ind. Code § 27-1-15.6-25 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-25
Representation of a fraternal benefit society
Status: in_force

Sec. 25. An individual who performed the functions of a person representing a fraternal benefit society before July 1, 1977, is not required to take an examination, but is entitled to have an insurance producer's license issued to the individual, subject to IC 27-1-15.7 and the requirements of this chapter.

As added by P.L.132-2001, SEC.3.
Ind. Code § 27-1-37.4-6 — Indiana Code / Title 27 / Article 1 / Chapter 37.4 / Section 27-1-37.4-6
Contradictory contract provisions
Status: in_force

Sec. 6. A contractual provision that:

(1) is contained in a contract that is entered into, amended, or renewed after December 31, 2017; and

(2) contradicts this chapter;

is void.

As added by P.L.45-2017, SEC.1.
Ind. Code § 27-8-5.9-2 — Indiana Code / Title 27 / Article 8 / Chapter 5.9 / Section 27-8-5.9-2
"PPACA"
Status: in_force

Sec. 2. As used in this chapter, "PPACA" has the meaning set forth in IC 27-19-2-14.

As added by P.L.288-2019, SEC.7.
Ind. Code § 27-1-40-4 — Indiana Code / Title 27 / Article 1 / Chapter 40 / Section 27-1-40-4
Trust account; requirements; trust agreement
Status: in_force

Sec. 4. (a) A trust account established under section 3(2) of this chapter must contain, at all times, an amount equal to the United States branch's reserves and other liabilities, plus the:

(1) minimum capital and surplus requirement; or

(2) authorized control level risk based capital requirement;

whichever is greater, that applies to a domestic company granted a certificate of authority under this title to transact the same kind of insurance business as the United States branch transacts.

(b) One (1) or more trustees must be appointed to administer the trust.

(c) A trust agreement for a trust account established under section 3(2) of this chapter, and amendments to the trust agreement:

(1) must be authenticated in a manner prescribed by the commissioner; and

(2) are effective only when approved by the commissioner after the commissioner finds all of the following:

(A) The trust agreement and amendments are sufficient in form and in conformity with law.

(B) All trustees appointed under subsection (b) are eligible to serve as trustees.

(C) The trust agreement is adequate to protect the interests of the beneficiaries of the trust.

(d) The commissioner may withdraw an approval granted under subsection (c)(2) if, after notice and hearing, the commissioner determines that one (1) or more of the conditions required under subsection (c)(2) for approval no longer exist.

(e) The commissioner may approve modifications of, or variations in, a trust agreement under subsection (c) if the modifications or variations are not prejudicial to the interests of Indiana residents, United States policyholders, and creditors of the United States branch.

(f) A trust agreement for a trust account established under section 3(2) of this chapter must contain provisions that:

(1) vest legal title to trust assets in the trustees and lawfully appointed successors of the trustees;

(2) require that all assets deposited in the trust account be continuously kept in the United States;

(3) provide for appointment of a new trustee in case of a vacancy, subject to the approval of the commissioner;

(4) require that the trustees continuously maintain a record sufficient to identify the assets of the trust account;

(5) require that the trust assets consist of:

(A) cash;

(B) investments of the same kind as the investments in which funds of a domestic company may be invested; and

(C) interest accrued on the cash and investments specified in clauses (A) and (B), if collectible by the trustees;

(6) establish that the trust:

(A) is for the exclusive benefit, security, and protection of:

(i) United States policyholders of the United States branch; and

(ii) United States creditors of the United States branch after all obligations to policyholders are paid; and

(B) shall be maintained as long as any liability of the United States branch arising out of the United States branch's insurance transactions in the United States is outstanding; and

(7) establish that trust assets, other than income as specified in subsection (g), may not be withdrawn or permitted by the trustees to be withdrawn without the approval of the commissioner, except for any of the following purposes:

(A) To make deposits required by the law of any state for the security or benefit of all policyholders of the United States branch in the United States.

(B) To substitute other assets permitted by law and at least equal in value and quality to the assets withdrawn, upon the specific written direction of the United States manager of the United States branch when the United States manager is empowered and acting under general or specific written authority previously granted or delegated by the alien company's board of directors.

(C) To transfer the assets to an official liquidator or rehabilitator under a court order.

(g) A trust agreement for a trust account established under section 3(2) of this chapter may provide that income, earnings, dividends, or interest accumulations of the trust assets may be paid over to the United States manager of the United States branch upon request of the United States manager if the total amount of trust assets following the payment to the United States manager is not less than the amount required under subsection (a).

(h) A trust agreement for a trust account established under section 3(2) of this chapter may provide that written approval of the insurance supervising official of another state in which:

(1) trust assets are deposited; and

(2) the United States branch is authorized to transact insurance business;

is sufficient, and approval of the commissioner is not required, for withdrawal of the trust assets in the other state if the amount of total trust assets after the withdrawal will not be less than the amount required under subsection (a). However, the United States branch shall provide written notice to the commissioner of the nature and extent of the withdrawal.

(i) The commissioner may at any time:

(1) make examinations of the trust assets of a United States branch that holds a certificate of authority under this chapter, at the expense of the United States branch; and

(2) require the trustees to file a statement, on a form prescribed by the commissioner, certifying the assets of the trust account and the amounts of the assets.

(j) Refusal or neglect of a trustee to comply with this section is grounds for:

(1) the revocation of the United States branch's certificate of authority; or

(2) the liquidation of the United States branch.

As added by P.L.173-2007, SEC.20.
Ind. Code § 27-13-27-2 — Indiana Code / Title 27 / Article 13 / Chapter 27 / Section 27-13-27-2
Fees required by IC 27-1-3-15
Status: in_force

Sec. 2. In addition to the fees required by section 1 of this chapter, a health maintenance organization subject to this article must pay the fees required by IC 27-1-3-15. For purposes of IC 27-1-3-15, a contract between a health maintenance organization and a subscriber or enrollee and an evidence of coverage shall constitute a single policy.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-7-16-5 — Indiana Code / Title 27 / Article 7 / Chapter 16 / Section 27-7-16-5
"Tenant users liability insurance"
Status: in_force

Sec. 5. As used in this chapter, "tenant users liability insurance" means insurance that provides liability coverage for property damage or bodily injury to a third party caused by a vendor, exhibitor, or performer during a special event.

As added by P.L.146-2015, SEC.33.
Ind. Code § 27-1-47-3 — Indiana Code / Title 27 / Article 1 / Chapter 47 / Section 27-1-47-3
Value-added products or services that may be offered or provided
Status: in_force

Sec. 3. (a) A person holding a license under this title may offer or provide, for free or for less than fair market value, value-added products or services that are at least tangentially related to an insurance contract or the administration of an insurance contract if:

(1) the value-added products or services:

(A) are not offered in a manner that is unfairly discriminatory; and

(B) are made available based on documented, objective criteria; and

(2) the documented, objective criteria under which the value-added products or services are offered are maintained for inspection by the insurance commissioner within thirty (30) days after the insurance commissioner's request for inspection.

(b) The products and services that may be offered or provided for free or for less than fair market value under subsection (a) include but are not limited to the following:

(1) Loss control, including wellness programs.

(2) Claim filing assistance.

(3) Administration of the continuation of health benefits requirements of the Consolidated Omnibus Budget Reconciliation Act (COBRA).

(4) Compliance with the requirements of the Health Insurance Portability and Accountability Act (HIPAA).

(5) Risk management or analysis.

(6) Regulatory and legislative updates.

(7) Group policy administration.

(8) Payroll, accounting, and tax services.

(9) Legal and human resources.

(10) Referrals to third-party service providers that offer discounted rates.

(c) A value-added product or service that is provided for free or for less than fair market value under subsection (a) by:

(1) an insurer, acting by or through its employee, affiliate, insurance producer, or a third-party representative; or

(2) an insurance producer, acting on the insurance producer's own behalf;

shall be provided along with contact information for the purpose of ensuring that the consumer is assisted with questions concerning the product or service.

As added by P.L.196-2021, SEC.33. Amended by P.L.226-2023, SEC.19.
Ind. Code § 27-6-9-5 — Indiana Code / Title 27 / Article 6 / Chapter 9 / Section 27-6-9-5
Licensed producer
Status: in_force

Sec. 5. As used in this chapter, "licensed producer" means an insurance producer, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law.

As added by P.L.26-1991, SEC.26. Amended by P.L.178-2003, SEC.44.
Ind. Code § 27-1-51-10 — Indiana Code / Title 27 / Article 1 / Chapter 51 / Section 27-1-51-10
Calculating covered individual's contribution
Status: in_force

Sec. 10. (a) Except as provided in subsection (b), when calculating a covered individual's contribution to an applicable cost sharing requirement, an insurer and administrator must include any cost sharing amounts paid:

(1) by the covered individual; and

(2) on behalf of the covered individual by another person.

(b) If application of subsection (a) would result in a covered individual becoming ineligible for a health savings account under Section 223 of the Internal Revenue Code, the requirement under subsection (a) applies with respect to the deductible of a high deductible health plan after the covered individual satisfies the minimum deductible under Section 223 of the Internal Revenue Code. However, subsection (a) applies to items or services that are preventative care under Section 223(c)(2)(C) of the Internal Revenue Code regardless of whether the minimum deductible under Section 223 of the Internal Revenue Code is satisfied.

As added by P.L.237-2025, SEC.10.
Ind. Code § 27-1-12.1-4 — Indiana Code / Title 27 / Article 1 / Chapter 12.1 / Section 27-1-12.1-4
Parent
Status: in_force

Sec. 4. As used in this chapter, "parent" means a person that through at least one (1) intermediary wholly owns a limited purpose subsidiary.

As added by P.L.11-2011, SEC.7. Amended by P.L.115-2011, SEC.1.
Ind. Code § 27-8-12-4 — Indiana Code / Title 27 / Article 8 / Chapter 12 / Section 27-8-12-4
"Insurance policy" defined
Status: in_force

Sec. 4. As used in this chapter, "insurance policy" means any policy, contract, subscriber agreement, rider, or endorsement delivered or issued for delivery in Indiana by an insurer, a fraternal benefit society, a nonprofit corporation, a health maintenance organization (as defined in IC 27-13-1-19), a limited service health maintenance organization (as defined in IC 27-13-34-4), a preferred provider arrangement, or any other organization.

As added by P.L.275-1987, SEC.1. Amended by P.L.26-1994, SEC.16.
Ind. Code § 27-8-15-18 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-18
Offer to transfer
Status: in_force

Sec. 18. A small employer insurer may not offer to transfer a small employer into or out of a plan with substantially the same benefit design unless the offer is made to transfer all small employers in that plan without regard to case characteristics, claim experience, health status, or duration since issue.

As added by P.L.127-1992, SEC.1.
Ind. Code § 27-3-3-4 — Indiana Code / Title 27 / Article 3 / Chapter 3 / Section 27-3-3-4
Parent and subsidiary as separate corporations
Status: in_force

Sec. 4. Notwithstanding a plan of acquisition effected pursuant to this chapter, the parent corporation and its subsidiary insurer shall in all respects stand before the law as separate and distinct corporations, with neither of the corporations having any liability to the creditors, policyholders, if any, or shareholders of the other, notwithstanding any actions or omissions of the officers, directors, or shareholders of either or both of the corporations.

Formerly: Acts 1973, P.L.278, SEC.1.
Ind. Code § 27-8-4-3 — Indiana Code / Title 27 / Article 8 / Chapter 4 / Section 27-8-4-3
Forms of insurance
Status: in_force

Sec. 3. Credit life insurance and credit accident and health insurance shall be issued only in the following forms:

A. Individual policies of life insurance issued to debtors on the term plan;

B. Individual policies of accident and health insurance issued to debtors on a term plan or disability benefit provisions in individual policies of credit life insurance;

C. Group policies of life insurance issued to creditors providing insurance upon the lives of debtors on the term plan;

D. Group policies of accident and health insurance issued to creditors on a term plan insuring debtors or disability benefit provisions in group credit life insurance policies to provide such coverage.

Formerly: Acts 1961, c.47, s.3.
Ind. Code § 27-7-8-4 — Indiana Code / Title 27 / Article 7 / Chapter 8 / Section 27-7-8-4
Payment of premiums; persons authorized
Status: in_force

Sec. 4. The following may periodically pay to the insurer, as provided in the contract to insure, the premiums on a group legal insurance policy:

(1) An employer for its employees.

(2) An association for its members.

(3) A labor union for its members.

As added by Acts 1978, P.L.129, SEC.2.
Ind. Code § 27-8-25-6 — Indiana Code / Title 27 / Article 8 / Chapter 25 / Section 27-8-25-6
"Policy of accident and sickness insurance"
Status: in_force

Sec. 6. As used in this chapter, "policy of accident and sickness insurance" has the meaning set forth in IC 27-8-5-1.

As added by P.L.109-2009, SEC.3.
Ind. Code § 27-1-46.5-2 — Indiana Code / Title 27 / Article 1 / Chapter 46.5 / Section 27-1-46.5-2
"Full Medicare"
Status: in_force

Sec. 2. As used in this chapter, "full Medicare" refers to the amount the Medicare program pays for a covered service, including all hospital-specific Medicare adjustments.

As added by P.L.216-2025, SEC.46.
Ind. Code § 27-6-8-9 — Indiana Code / Title 27 / Article 6 / Chapter 8 / Section 27-6-8-9
Powers and duties of commissioner
Status: in_force

Sec. 9. (a) The commissioner shall:

(i) Notify the association of the existence of an insolvent insurer not later than three (3) working days after the commissioner receives an order of liquidation.

(ii) Upon request of the board of directors, provide the association with a statement of the net direct written premiums of each member insurer.

(b) The commissioner may:

(i) Require that the association notify the insureds of the insolvent insurer and any other interested parties of the order of liquidation and of their rights under this chapter. This notification shall be by mail at their last known address, where available, but if sufficient information for notification by mail is not available, notice by publication in a newspaper of general circulation in all counties in which the insolvent insurer transacted insurance business shall be sufficient.

(ii) Require each insurance producer of the insolvent insurer to give prompt written notice by first class mail of such insolvency and the rights of the insured under this chapter to each insured of the insolvent insurer for whom the insurance producer is insurance producer of record, at such insured's last known address.

(iii) Suspend or revoke, after notice and hearing, the certificate of authority to transact insurance in this state of any member insurer which fails to pay an assessment when due or fails to comply with the plan of operation. As an alternative, the commissioner may levy a fine on any member insurer which fails to pay an assessment when due. The fine shall not exceed five percent (5%) of the unpaid assessment per month, except that no fine shall be less than one hundred dollars ($100) per month.

(iv) Revoke the designation of any servicing facility if the commissioner finds claims are being handled unsatisfactorily.

(v) Any final action or order of the commissioner under this chapter shall be subject to judicial review in a court of competent jurisdiction.

(c) If the commissioner determines that any member insurer may be subject to a future delinquency proceeding under IC 27-9, the commissioner may do the following to assist in the performance of the commissioner's duties:

(1) Share confidential and privileged documents, material, or information reported under an enterprise risk filing with the association regarding the member insurer.

(2) Share confidential and privileged documents, material, the contents of an examination report, a preliminary examination report or its results, or any matter relating thereto, including working papers, recorded information, documents, and copies thereof produced by, obtained by, or disclosed to the commissioner or to any other person in the course of any examination with the association regarding the member insurer.

(3) Disclose the information described in this subsection to the association so long as the association agrees in writing to hold the information confidential in a manner consistent with this chapter and uses the information to prepare for the possible liquidation of the member insurer. Access to the information disclosed by the commissioner to the association under this subsection shall be limited to the association's staff and its counsel. The board of directors of the association may have access to the information disclosed by the commissioner to the association once the member insurer is subject to a delinquency proceeding under IC 27-9, subject to any terms and conditions established by the commissioner.

(4) Disclose the information described in this subsection with associations in other states and with any organization of one (1) or more state associations of similar purposes so long as the recipient of the information agrees in writing to hold the information confidential in a manner consistent with this chapter and uses the information to prepare for the possible liquidation of the member insurer. Access to the information disclosed by the commissioner under this subsection shall be limited to the association's staff and its counsel. The board of directors of the association may have access to the information disclosed by the commissioner to the association once the member insurer is subject to a delinquency proceeding under IC 27-9, subject to any terms and conditions established by the commissioner.

(5) If the commissioner determines that a liquidation is likely, the commissioner may cooperate with the association and with any organization of one (1) or more state associations of similar purposes to provide for an orderly transition to liquidation to minimize any delay in the handling and payment of claims.

Formerly: Acts 1971, P.L.390, SEC.1. As amended by P.L.163-1988, SEC.4; P.L.178-2003, SEC.41; P.L.86-2026, SEC.15.
Ind. Code § 27-1-8-8 — Indiana Code / Title 27 / Article 1 / Chapter 8 / Section 27-1-8-8
Presentation of articles of amendment to secretary of state; duties of secretary of state
Status: in_force

Sec. 8. When the articles of amendment have been approved by the attorney-general and returned to the department, then the department shall present the same to the secretary of state for the state of Indiana. If the secretary of state finds that the articles conform to law, he shall indorse his approval upon each of the triplicate copies of the articles, and when all fees have been paid as required by law, he shall file one (1) copy in his office and shall return the other two (2) copies of the articles of amendment bearing the indorsement of his approval, to the corporation, one (1) of which copies the corporation shall file with the department.

Formerly: Acts 1935, c.162, s.108.
Ind. Code § 27-1-4.1-7 — Indiana Code / Title 27 / Article 1 / Chapter 4.1 / Section 27-1-4.1-7
Level of disclosure
Status: in_force

Sec. 7. (a) Subject to subsection (b), an insurer or insurance group may complete a CGAD using corporate governance information at the level of disclosure at which the insurer's or insurance group's system of corporate governance is structured, as follows:

(1) The ultimate controlling parent level.

(2) An intermediate holding company level.

(3) The individual legal entity level.

(b) An insurer or insurance group may, but is not required to, choose the level of disclosure at which to complete a CGAD under subsection (a) according to one (1) of the following criteria:

(1) The level at which the insurer's or insurance group's risk tolerance is determined.

(2) The level at which the insurer's or insurance group's earnings, capital, liquidity, operations, and reputation are:

(A) collectively overseen; and

(B) supervised.

(3) The level at which legal liability for failure of general corporate governance would be placed.

(c) If the insurer or insurance group chooses the level of disclosure at which to complete a CGAD under subsection (a) according to a criterion described in subsection (b), the insurer or insurance group shall:

(1) indicate which of the three (3) criteria was used to determine the level of disclosure; and

(2) explain any change in the level of disclosure that is subsequently used.

As added by P.L.146-2015, SEC.19.
Ind. Code § 27-8-11-12 — Indiana Code / Title 27 / Article 8 / Chapter 11 / Section 27-8-11-12
Right to provide prescription cost information; point of sale cost limit; pharmacist may not be required to collect higher copayment
Status: in_force

Sec. 12. (a) As used in this section, "drug" means a prescription drug.

(b) As used in this section, "insurer" refers to an insurer that provides coverage for drugs. The term includes a person that administers drug benefits on behalf of an insurer.

(c) As used in this section, "pharmacy" refers to a pharmacist or pharmacy that has entered into an agreement with an insurer under section 3 of this chapter.

(d) A pharmacy or pharmacist shall have the right to provide an insured with information concerning the amount of the insured's cost share for a prescription drug. Neither a pharmacy nor a pharmacist shall be proscribed by an insurer from discussing this information or from selling to the insured a more affordable alternative if an affordable alternative is available.

(e) An insurer that covers prescription drugs may not include a provision that requires an insured to make payment for a prescription drug at the point of sale in an amount that exceeds the lesser of:

(1) the contracted copayment amount; or

(2) the amount of total approved charges by the insurer at the point of sale.

This subsection does not prohibit the adjudication of claims in accordance with an accident and sickness insurance policy issued or administered by an insurer. The insured is not liable for any additional charges or entitled to any credits as a result of the adjudicated claim.

(f) The insurer or a pharmacy benefit manager may not require a pharmacy or pharmacist to collect a higher copayment for a prescription drug from an insured than the insurer or pharmacy benefit manager allows the pharmacy or pharmacist to retain.

As added by P.L.209-2018, SEC.12. Amended by P.L.114-2020, SEC.20; P.L.9-2022, SEC.52.
Ind. Code § 27-10-3-20 — Indiana Code / Title 27 / Article 10 / Chapter 3 / Section 27-10-3-20
Notice of probationary status for failure to pay child support; suspension; reinstatement
Status: in_force

Sec. 20. (a) Upon receiving an order from the bureau (Title IV-D agency) under IC 31-25-4-32(i) or IC 31-25-4-34(d), the commissioner shall place on probationary status any license issued under this chapter and held by the person who is the subject of the order. The commissioner shall send the person a notice that does the following:

(1) States that the person's license has been placed on probationary status.

(2) States that the person's license will be suspended if the commissioner has not received notice from the bureau under IC 31-25-4-32(m) or IC 31-25-4-34(g) within twenty (20) days after the date of the notice.

(3) Describes the amount of child support that the person is in arrears.

(4) Explains the procedures to:

(A) pay the person's child support arrearage in full; and

(B) establish a payment plan with the bureau to pay the arrearage, which must include an income withholding order under IC 31-16-15-2 or IC 31-16-15-2.5.

(b) If the commissioner has not received notice from the bureau under IC 31-25-4-32(m) or IC 31-25-4-34(g) within twenty (20) days after the date of the notice in subsection (a), the commissioner shall suspend the license issued to the person under this chapter.

(c) The commissioner may not reinstate any license placed on probationary status or suspended under this section until the commissioner receives a notice from the bureau under IC 31-25-4-32(m) or IC 31-25-4-34(g) that the person has addressed the delinquency.

As added by P.L.23-1996, SEC.30. Amended by P.L.1-1997, SEC.116; P.L.145-2006, SEC.167; P.L.103-2007, SEC.9; P.L.150-2018, SEC.12.
Ind. Code § 27-7-15-6 — Indiana Code / Title 27 / Article 7 / Chapter 15 / Section 27-7-15-6
Provision of group non-trucking liability insurance policy
Status: in_force

Sec. 6. An insurer that is authorized under IC 27-1-3-20 to:

(1) transact business as a casualty insurance company; and

(2) offer motor vehicle insurance;

may provide a group non-trucking liability insurance policy.

As added by P.L.146-2015, SEC.32.
Ind. Code § 27-1-15.6-7.3 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-7.3
Insurance producer frameable certificates
Status: in_force

Sec. 7.3. (a) The commissioner may design or have designed an insurance producer certificate suitable for framing and display.

(b) Upon request of an insurance producer, the commissioner may issue a certificate described in subsection (a).

(c) The commissioner may impose and collect a reasonable fee for a certificate issued under subsection (b).

(d) The commissioner shall establish guidelines to implement this section.

As added by P.L.173-2007, SEC.11. Amended by P.L.3-2008, SEC.209; P.L.81-2019, SEC.19.
Ind. Code § 27-10-3-9 — Indiana Code / Title 27 / Article 10 / Chapter 3 / Section 27-10-3-9
Suspension or revocation of licenses; hearings; witnesses; attorneys; penalty
Status: in_force

Sec. 9. (a) If, after investigation, the commissioner determines that a licensed bail agent or recovery agent has been guilty of violating any of the laws of this state relating to bail bonds or has committed any disqualifying offense, the commissioner shall, upon ten (10) days notice in writing to:

(1) the bail agent or recovery agent; and

(2) the insurer represented by the bail agent if a surety bail agent;

accompanied by a copy of the charges of the unlawful conduct of the bail agent or the recovery agent, suspend the license of the bail agent or the recovery agent, unless on or before the expiration of the ten (10) days the bail agent or the recovery agent makes a written response to the commissioner concerning the charges.

(b) If, after the expiration of ten (10) days and within twenty (20) days after the expiration of the ten (10) days, the bail agent or the recovery agent fails to make a written response to the charges, the commissioner shall suspend or revoke the license of the bail agent or the recovery agent. If, however, the bail agent or the recovery agent files a written response denying the charges within the time specified, the commissioner shall call a hearing within a reasonable time for the purpose of taking testimony and evidence on any issue of facts made by the charges and answer.

(c) The commissioner shall give notice to:

(1) the bail agent or the recovery agent; and

(2) the insurer represented by the bail agent if a surety bail agent;

of the time and place of the hearing. The parties may produce witnesses and appear personally with or without representation by counsel.

(d) If, following the hearing, the commissioner determines by a preponderance of the evidence that the bail agent or the recovery agent is guilty as alleged in the charges, whether or not convicted in court, the commissioner shall publish the determination not later than thirty (30) days after the conclusion of the hearing and shall:

(1) revoke the license of the bail agent or the recovery agent; or

(2) suspend the bail agent for a definite period of time to be fixed in the order of suspension.

The commissioner may also levy a civil penalty against the bail agent or the recovery agent that is not more than ten thousand dollars ($10,000).

As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993, SEC.19; P.L.102-2005, SEC.6.
Ind. Code § 27-16-8-2 — Indiana Code / Title 27 / Article 16 / Chapter 8 / Section 27-16-8-2
Fully insured welfare benefit plans
Status: in_force

Sec. 2. A fully insured welfare benefit plan offered to covered employees of a single PEO is:

(1) considered to be a single employer welfare benefit plan; and

(2) not a multiple employer welfare arrangement (as defined in IC 27-1-34-1(b)) and is not required to comply with IC 27-1-34.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-1-37.5-6 — Indiana Code / Title 27 / Article 1 / Chapter 37.5 / Section 27-1-37.5-6
"Participating provider"
Status: in_force

Sec. 6. As used in this chapter, "participating provider" refers to the following:

(1) A health care provider that has entered into an agreement with an insurer under IC 27-8-11-3.

(2) A participating provider (as defined in IC 27-13-1-24).

As added by P.L.77-2018, SEC.2.
Ind. Code § 27-1-39-5 — Indiana Code / Title 27 / Article 1 / Chapter 39 / Section 27-1-39-5
"Member" defined
Status: in_force

Sec. 5. As used in this chapter, "member" means an independent postsecondary educational institution that enters into an agreement under section 7 of this chapter to form a consortium.

As added by P.L.38-2006, SEC.1. Amended by P.L.2-2007, SEC.353.
Ind. Code § 27-1-38-5 — Indiana Code / Title 27 / Article 1 / Chapter 38 / Section 27-1-38-5
"Person that sells, solicits, advertises, or offers insurance on behalf of a depository institution" defined
Status: in_force

Sec. 5. As used in this chapter, "person that sells, solicits, advertises, or offers insurance on behalf of a depository institution" means a person to which one (1) of the following applies:

(1) The person represents to a customer that the sale, solicitation, advertisement, or offer of insurance is by or on behalf of the depository institution.

(2) The depository institution:

(A) refers a customer to the person; and

(B) has a contractual arrangement with the person to receive commissions or fees on sales of insurance that result from referrals to the person.

(3) Documents that provide evidence of the sale, solicitation, advertisement, or offer of insurance identify or refer to the depository institution.

As added by P.L.130-2002, SEC.2.
Ind. Code § 27-1-2.2-11 — Indiana Code / Title 27 / Article 1 / Chapter 2.2 / Section 27-1-2.2-11
Severability
Status: in_force

Sec. 11. The provisions of this chapter are severable in the manner provided in IC 1-1-1-8(b).

As added by P.L.136-2020, SEC.1.
Ind. Code § 27-1-12-33 — Indiana Code / Title 27 / Article 1 / Chapter 12 / Section 27-1-12-33
Variable life insurance policies; contents; regulation
Status: in_force

Sec. 33. Variable life insurance policies (contracts providing for immediate or future life insurance benefits as described in Class 1 (c) of IC 27-1-5-1), to the extent that benefits thereunder are on a variable basis, shall contain a statement to that effect in lieu of stipulating the dollar amount of benefits. Such policies shall also contain such grace period, reinstatement, and nonforfeiture provisions, and shall be subject to the establishment of such reserve liabilities, in accordance with actuarial procedures that recognize the variable nature of benefits provided and any mortality guarantees, as the commissioner shall by regulation prescribe. Upon promulgation of such regulation, variable life insurance policies shall not thereafter be subject to the grace period, nonforfeiture, policy loan, reinstatement, and valuation provisions of the Indiana Insurance Law applicable to or required to be contained in other policies of life insurance. Such regulation shall establish such other requirements with respect to variable life insurance policies, variable life insurance, or any matter incidental thereto, as the commissioner deems to be in the public interest.

Formerly: Acts 1973, P.L.276, SEC.1. As amended by P.L.86-2018, SEC.204.
Ind. Code § 27-1-15.6-29.5 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-29.5
Determination of suspension or revocation of license
Status: in_force

Sec. 29.5. If the commissioner receives a copy of a final order from the securities commissioner under IC 23-19-6-4(h), the commissioner shall:

(1) determine whether the person who is the subject of the final order is licensed by the department under this chapter; and

(2) if the person is licensed under this chapter, institute proceedings to determine whether the person's license should be suspended or revoked.

The determination under subdivision (2) may be based solely on the final order by the securities commissioner.

As added by P.L.48-2006, SEC.10. Amended by P.L.27-2007, SEC.27.
Ind. Code § 27-6-9-13 — Indiana Code / Title 27 / Article 6 / Chapter 9 / Section 27-6-9-13
Reinsurance intermediary-manager; requirements
Status: in_force

Sec. 13. No person, firm, association, or corporation may act as a RM:

(1) for a reinsurer domiciled in this state, unless the RM is a licensed producer in this state;

(2) in this state, if the RM maintains an office either directly, or as a member or employee of a firm, limited liability company, or association, or as an officer, director, or employee of a corporation in this state, unless the RM is a licensed producer in this state;

(3) in another state for a nondomestic insurer, unless the RM is:

(A) a licensed producer in Indiana or another state having a law substantially similar to this chapter; or

(B) the person is licensed in this state as a nonresident reinsurance intermediary.

As added by P.L.26-1991, SEC.26. Amended by P.L.8-1993, SEC.424.
Ind. Code § 27-9-3-27 — Indiana Code / Title 27 / Article 9 / Chapter 3 / Section 27-9-3-27
Claims by creditors holding voidable preferences
Status: in_force

Sec. 27. (a) Claims of a creditor who has received or acquired a preference, lien, conveyance, transfer, assignment, or encumbrance, voidable under IC 27-9, shall not be allowed unless he surrenders the preference, lien, conveyance, transfer, assignment, or encumbrance. If the avoidance is effected by a proceeding in which a final judgment has been entered, the claim shall not be allowed unless the money is paid or the property is delivered to the liquidator within thirty (30) days from the date of entering of the final judgment, except that the Marion County circuit court may allow further time if there is an appeal or other continuation of the proceeding.

(b) A claim allowable under subsection (a) by reason of the avoidance, whether voluntary or involuntary, or a preference, lien, conveyance, transfer, assignment, or encumbrance, may be filed as an excused late filing under section 33 of this chapter if filed within thirty (30) days from the date of the avoidance (or within the further time allowed by the court under subsection (a)).

As added by Acts 1979, P.L.255, SEC.1.
Ind. Code § 27-15-16-1 — Indiana Code / Title 27 / Article 15 / Chapter 16 / Section 27-15-16-1
Parent company
Status: in_force

Sec. 1. A parent company under this article:

(1) shall locate its executive offices in Indiana;

(2) shall employ at least five hundred (500) persons or a substantial percentage of its workforce in Indiana;

(3) shall be organized under the laws of Indiana; and

(4) may be:

(A) a corporation organized for the purpose of serving as a holding company for the former mutual or a corporation that, before the conversion, was a subsidiary of the converting mutual; or

(B) any other existing or newly created corporation.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-13-36.2-7 — Indiana Code / Title 27 / Article 13 / Chapter 36.2 / Section 27-13-36.2-7
Repealed
Status: repealed

As added by P.L.178-2003, SEC.88. Repealed by P.L.1-2007, SEC.248.
Ind. Code § 27-4-6-5 — Indiana Code / Title 27 / Article 4 / Chapter 6 / Section 27-4-6-5
Acts of unauthorized foreign or alien insurer appointing commissioner as attorney for service of process; method of service
Status: in_force

Sec. 5. (a) Any of the following acts in this state, effected by mail or otherwise, by any such unauthorized foreign or alien insurer:

(1) the issuance or delivery of contracts of insurance to residents of this state;

(2) the solicitation of applications for such contracts;

(3) the collection of premiums, membership fees, assessments or other considerations for such contracts; or

(4) any other transaction of insurance business;

is equivalent to and shall constitute an appointment by such insurer of the commissioner of insurance, and the commissioner's successor or successors in office, to be its true and lawful attorney, upon whom may be served all statements of charges, notices and lawful process in any proceeding instituted in respect to the misrepresentations set forth in section 3 of this chapter under IC 27-4-1 or in any action, suit, or proceeding for the recovery of any penalty provided in IC 27-4-1, and any such act shall be signification of its agreement that the service of statement of charges, notices, or process is of the same legal force and validity as personal service of such statement of charges, notices, or process in this state, upon such insurer.

(b) Service of a statement of charges and notices under IC 27-4-1 shall be made by any deputy or employee of the department of insurance delivering to and leaving with the commissioner or some person in apparent charge of the commissioner's office, two (2) copies of the statement of charges and notices. Service of process issued by any court in any action, suit, or proceeding to collect any penalty under IC 27-4-1 shall be made by delivering and leaving with the commissioner, or some person in apparent charge of the commissioner's office, two (2) copies of the process. The commissioner shall forthwith cause to be mailed by registered mail one (1) of the copies of such statement of charges, notices, or process to the defendant at its last known principal place of business, and shall keep a record of all statements of charges, notices, and process so served. Such service of statement of charges, notices, or process shall be sufficient provided they shall have been so mailed and the defendant's receipt or receipt issued by the post office with which the letter is registered, showing the name of the sender of the letter and the name and address of the person to whom the letter is addressed, and the affidavit of the person mailing such letter showing a compliance with this section are filed with the commissioner in the case of any statement of charges or notices, or with the clerk of the court in which such action is pending in the case of any process, on or before the date the defendant is required to appear or within such further time as may be allowed.

(c) Service of statement of charges, notices, and process in any such proceeding, action, or suit shall, in addition to the manner provided in subsection (b), be valid if served upon any person within this state who on behalf of such insurer is:

(1) soliciting insurance;

(2) making, issuing, or delivering any contract of insurance; or

(3) collecting or receiving in this state any premium for insurance;

and a copy of such statement of charges, notices, or process is sent within ten (10) days after the date of the service of the statement of charges, notices, or process by registered mail by or on behalf of the commissioner to the defendant at the last known principal place of business of the defendant, and the defendant's receipt, or the receipt issued by the post office with which the letter is registered, showing the name of the sender of the letter, the name and address of the person to whom the letter is addressed, and the affidavit of the person mailing the same showing a compliance with this section are filed with the commissioner in the case of any statement of charges or notices, or with the clerk of the court in which such action is pending in the case of any process, on or before the date the defendant is required to appear or within such further time as the court may allow.

(d) No cease or desist order or judgment by default or a judgment by confession under this section shall be entered until the expiration of thirty (30) days from the date of the filing of the affidavit of compliance.

(e) Service of process and notice under the provisions of this chapter shall be in addition to all other methods of service provided by law, and nothing in this chapter shall limit or prohibit the right to serve any statement of charges, notices, or process upon any insurer in any other manner permitted by law.

Formerly: Acts 1963, c.163, s.5. As amended by P.L.252-1985, SEC.174; P.L.136-2018, SEC.179.
Ind. Code § 27-13-1-17 — Indiana Code / Title 27 / Article 13 / Chapter 1 / Section 27-13-1-17
"Group contract holder"
Status: in_force

Sec. 17. "Group contract holder" means the person to whom a group contract has been issued.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-8-23-1 — Indiana Code / Title 27 / Article 8 / Chapter 23 / Section 27-8-23-1
Applicable provisions
Status: in_force

Sec. 1. IC 12-15-29-9 and IC 12-15-29-10 apply to this chapter.

As added by P.L.46-1995, SEC.68 and P.L.133-1995, SEC.20.
Ind. Code § 27-8-1-12 — Indiana Code / Title 27 / Article 8 / Chapter 1 / Section 27-8-1-12
Examination of sufficiency of treasurer's bond
Status: in_force

Sec. 12. Said bond of treasurer shall be examined as to its efficiency annually by the state comptroller, and it shall then be renewed if the state comptroller shall deem the present bond insufficient. Said bond shall be recorded in the recorder's office in the county in this state in which one (1) of the incorporators resides, and a certified copy of said record shall, by said recorder, be forwarded to the state comptroller, who shall file and preserve the same in the state comptroller's office.

Formerly: Acts 1883, c.136, s.12. As amended by P.L.9-2024, SEC.485.
Ind. Code § 27-8-3-25 — Indiana Code / Title 27 / Article 8 / Chapter 3 / Section 27-8-3-25
Fees
Status: in_force

Sec. 25. The fees to be paid by each such corporation, association, or society to the insurance commissioner for the authority to such corporation, association, or society, and its insurance producers under the license granted by him to each corporation, association, or society, to transact business in the state of Indiana shall be as follows:

For filing copy of charter or articles of incorporation, twenty-five dollars ($25).

For filing each annual statement, twenty dollars ($20).

For issuing certificate of authority or license to company, corporation, association or society, one dollar ($1).

For issuing license to each insurance producer, one dollar ($1).

For affixing seal and certifying to any paper, one dollar ($1).

For renewal of license, each such corporation, association, or society shall file with the commissioner its annual statement, for which it shall pay the sum of twenty dollars ($20).

For the privilege of transacting business in this state, a foreign or alien company, association, or society, admitted and licensed under this chapter, shall pay an annual tax upon premiums or assessments derived from business written within this state, such tax to be as defined and determined under IC 27-1-18-2, which is declared to be applicable in its terms and provisions to such a company, association, or society; provided also, that when any other state or country shall impose any obligations in excess of those imposed by this chapter upon any such corporation, association, or society of this state, a like obligation shall be imposed on similar corporations and their agents of such state or country doing business in this state; and provided also, that such corporation, association, or society, in transacting business in this state, shall be subject only to the provisions of this chapter.

Formerly: Acts 1897, c.195, s.25; Acts 1955, c.55, s.1. As amended by P.L.252-1985, SEC.293; P.L.178-2003, SEC.59.
Ind. Code § 27-7-17-4 — Indiana Code / Title 27 / Article 7 / Chapter 17 / Section 27-7-17-4
"Blanket travel insurance"
Status: in_force

Sec. 4. As used in this chapter, "blanket travel insurance" means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

As added by P.L.19-2022, SEC.5.
Ind. Code § 27-7-16-3 — Indiana Code / Title 27 / Article 7 / Chapter 16 / Section 27-7-16-3
"Group"
Status: in_force

Sec. 3. As used in this chapter, "group" means a group of individuals who:

(1) have similar professional attributes;

(2) belong to the group for purposes other than that of obtaining insurance; and

(3) are eligible to purchase casualty and liability insurance.

As added by P.L.146-2015, SEC.33.
Ind. Code § 27-1-20-29 — Indiana Code / Title 27 / Article 1 / Chapter 20 / Section 27-1-20-29
Exemption of abstract and title insurance companies
Status: in_force

Sec. 29. Nothing contained in this article shall be construed to affect or apply to any corporation organized before March 8, 1935, under any law of this state which is authorized to engage in the making of abstracts of title to real estate and the issuing of certificates insuring or guaranteeing the titles to real estate.

Formerly: Acts 1935, c.162, s.272d. As amended by P.L.252-1985, SEC.100.
Ind. Code § 27-8-22.1-1 — Indiana Code / Title 27 / Article 8 / Chapter 22.1 / Section 27-8-22.1-1
"Accident and sickness insurance policy" defined
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), 2(a), 2(b), 2(e), 2(f), and 2(h).

As added by P.L.161-2001, SEC.4.
Ind. Code § 27-1-25-15 — Indiana Code / Title 27 / Article 1 / Chapter 25 / Section 27-1-25-15
Violations; offense; notice
Status: in_force

Sec. 15. (a) An administrator acting without a license issued under this chapter commits a Class C infraction.

(b) The commissioner shall notify the prosecuting attorney or the attorney general of Indiana of violations under subsection (a).

As added by Acts 1980, P.L.168, SEC.2. Amended by P.L.160-2003, SEC.20.
Ind. Code § 27-1-46-13 — Indiana Code / Title 27 / Article 1 / Chapter 46 / Section 27-1-46-13
Provision of good faith estimates
Status: in_force

Sec. 13. A provider facility may provide a good faith estimate to an individual under this chapter:

(1) in a writing delivered to the individual;

(2) by electronic mail; or

(3) through a mobile application or other Internet web based method, if available;

according to the preference expressed by the individual.

As added by P.L.93-2020, SEC.12.
Ind. Code § 27-1-24.5-27.7 — Indiana Code / Title 27 / Article 1 / Chapter 24.5 / Section 27-1-24.5-27.7
Limitation on cost sharing; calculating covered individual's contribution
Status: in_force

Sec. 27.7. (a) This section applies to a health plan that is issued, delivered, amended, or renewed after December 31, 2025.

(b) A pharmacy benefit manager shall apply the annual limitation on cost sharing set forth in the federal Patient Protection and Affordable Care Act under 42 U.S.C. 18022(c)(1) to prescription drugs that:

(1) are covered under a health plan administered by the pharmacy benefit manager;

(2) are life-saving or intended to manage chronic pain; and

(3) do not have an approved generic version.

(c) Except as provided in subsection (d), when calculating a covered individual's contribution to an applicable cost sharing requirement, a pharmacy benefit manager must include any cost sharing amounts paid:

(1) by the covered individual; or

(2) on behalf of the covered individual by another person.

(d) If application of subsection (c) would result in a covered individual becoming ineligible for a health savings account under Section 223 of the Internal Revenue Code, the requirement under subsection (c) applies with respect to the deductible of a high deductible health plan after the covered individual satisfies the minimum deductible under Section 223 of the Internal Revenue Code. However, subsection (c) applies to items or services that are preventative care under Section 223(c)(2)(C) of the Internal Revenue Code regardless of whether the minimum deductible under Section 223 of the Internal Revenue Code is satisfied.

(e) A pharmacy benefit manager may not directly or indirectly:

(1) set;

(2) alter;

(3) implement; or

(4) condition;

the terms of health plan coverage, including the benefit design, based in part or entirely on information about the availability or amount of financial or product assistance available for a prescription drug.

As added by P.L.237-2025, SEC.8.
Ind. Code § 27-8-14.3-5 — Indiana Code / Title 27 / Article 8 / Chapter 14.3 / Section 27-8-14.3-5
"Consensus statement"
Status: in_force

Sec. 5. As used in this chapter, "consensus statement" means a statement that is:

(1) issued by an independent, multidisciplinary panel of experts that:

(A) uses a transparent methodology and reporting structure; and

(B) has a conflict of interest policy;

(2) aimed at specific clinical circumstances;

(3) based on the best available evidence; and

(4) developed for the purpose of optimizing the outcomes of clinical care.

As added by P.L.37-2024, SEC.2.
Ind. Code § 27-1-2.3-1 — Indiana Code / Title 27 / Article 1 / Chapter 2.3 / Section 27-1-2.3-1
"Ambulance"
Status: in_force

Sec. 1. As used in this chapter, "ambulance" refers only to a vehicle that is used to provide ambulance service on land.

As added by P.L.170-2022, SEC.36.
Ind. Code § 27-8-20-5 — Indiana Code / Title 27 / Article 8 / Chapter 20 / Section 27-8-20-5
"Health maintenance organization" defined
Status: in_force

Sec. 5. As used in this chapter, "health maintenance organization" has the meaning set forth in IC 27-13-1-19.

As added by P.L.277-1993(ss), SEC.120. Amended by P.L.26-1994, SEC.19.
Ind. Code § 27-13-19-2 — Indiana Code / Title 27 / Article 13 / Chapter 19 / Section 27-13-19-2
Replacement coverage; challenge of enrollee
Status: in_force

Sec. 2. (a) A carrier that provides replacement coverage with respect to group health care services after the discontinuance of the prior health maintenance organization contract or policy providing health care services must, immediately upon beginning to provide the replacement coverage, cover all enrollees who were covered under the previous health maintenance organization contract or policy on the date of discontinuance.

(b) A carrier that provides replacement coverage under this section may challenge whether an individual designated as an enrollee under the previous health maintenance organization contract qualified as an enrollee under the previous health maintenance organization contract.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-8-18-5 — Indiana Code / Title 27 / Article 8 / Chapter 18 / Section 27-8-18-5
Inquiry into legal status of charitable entity
Status: in_force

Sec. 5. A life insurance company that is requested to:

(1) issue a life insurance policy; or

(2) transfer ownership of a life insurance policy;

to an entity that is purported to be a charitable entity has no obligation to inquire into the legal status of that entity under any law.

As added by P.L.129-1992, SEC.1.
Ind. Code § 27-2-23-17 — Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-17
Commissioner accommodations for insurer compliance
Status: in_force

Sec. 17. The commissioner may do the following:

(1) Either:

(A) limit an insurer's death master file comparisons required by section 11 of this chapter to the insurer's electronic searchable files; or

(B) approve a plan and time period for conversion of an insurer's files to electronic searchable files.

(2) Either:

(A) exempt an insurer from the death master file comparisons required by section 11 of this chapter; or

(B) upon demonstration of hardship by the insurer, permit an insurer to perform the death master file comparisons less frequently than required by section 11 of this chapter.

(3) Allow an insurer to begin compliance with this chapter according to a plan and time period approved by the commissioner.

As added by P.L.90-2014, SEC.1.
Ind. Code § 27-1-50-11 — Indiana Code / Title 27 / Article 1 / Chapter 50 / Section 27-1-50-11
Disclosure of information to plan sponsor
Status: in_force

Sec. 11. An insurer shall disclose the following information to a plan sponsor on at least an annual basis:

(1) The approximate amount of rebates expected to be received by the insurer concerning the dispensing or administration of prescription drugs to the covered individuals of the plan sponsor.

(2) An explanation that the plan sponsor may choose to:

(A) apply the rebates to reduce premiums for all covered individuals; or

(B) calculate defined cost sharing for a covered individual at the point of sale based on a price that is reduced by an amount equal to at least eighty-five percent (85%) of all rebates received or estimated to be received by the insurer concerning the dispensing or administration of the covered individual's prescription drugs.

(3) An explanation that, in the individual market, IC 27-1-49 requires that covered individual defined cost sharing be calculated at the point of sale based on a price that is reduced by at least eighty-five percent (85%) of the rebates concerning the dispensing or administration of the covered individual's prescription drugs.

As added by P.L.166-2023, SEC.3. Amended by P.L.158-2024, SEC.16.
Ind. Code § 27-15-6-2 — Indiana Code / Title 27 / Article 15 / Chapter 6 / Section 27-15-6-2
Effective date
Status: in_force

Sec. 2. The plan of conversion and the amendment to the articles of incorporation of the converting mutual become effective upon the date and time of return of the articles of amendment by the secretary of state as provided in IC 27-1-8-8, unless a later date and time are specified in the articles of amendment, in which event the plan of conversion and amendment become effective and take place at the later date and time.

As added by P.L.94-1999, SEC.3. Amended by P.L.208-2018, SEC.33.
Ind. Code § 27-7-3-4 — Indiana Code / Title 27 / Article 7 / Chapter 3 / Section 27-7-3-4
Corporate rights; powers and privileges
Status: in_force

Sec. 4. Every such company shall possess and may exercise all the rights, powers, and privileges conferred upon domestic corporations by IC 23-1 but only to the extent that the same may be necessary, convenient or expedient to accomplish the purposes for which it is organized, and in addition thereto, but subject to the restrictions and limitations contained in this chapter, every such company shall possess and may exercise the power of making insurance to insure against the loss or damage on account of encumbrances upon or defects in the title to real estate. In all things not specifically provided for in this chapter, the provisions of IC 23-1 shall apply.

Formerly: Acts 1937, c.104, s.4. As amended by P.L.252-1985, SEC.250.
Ind. Code § 27-8-9-11 — Indiana Code / Title 27 / Article 8 / Chapter 9 / Section 27-8-9-11
Bailee's coverage primary
Status: in_force

Sec. 11. (a) This section applies to a motor vehicle while under the control of either of the following:

(1) A bailee.

(2) An agent or employee of a bailee.

(b) As used in this section, "bailee" refers only to a person who is in the business of storing, parking, servicing, or repairing vehicles.

(c) Notwithstanding section 7 of this chapter, any coverage available to the bailee is primary.

(d) Recovery may not be made under the vehicle owner's policy until the limits of all motor vehicle insurance coverage available to the bailee have been exhausted.

As added by P.L.226-1993, SEC.7.
Ind. Code § 27-13-36-5 — Indiana Code / Title 27 / Article 13 / Chapter 36 / Section 27-13-36-5
Referrals to out of network providers
Status: in_force

Sec. 5. (a) The provisions of the section do not apply until July 1, 1999.

(b) When an enrollee's primary care provider determines that the enrollee needs a particular health care service and the health maintenance organization determines that the type of health care service needed by the enrollee to treat a specific condition:

(1) is a covered service; and

(2) is not available from the health maintenance organization's network of participating providers;

the primary care provider and the health maintenance organization shall refer the enrollee to an appropriate provider who is not a participating provider within a reasonable amount of time and within a reasonable proximity of the enrollee.

(c) When an enrollee receives health care services from a provider to whom the enrollee was referred as described in subsection (b), the health maintenance organization shall pay the out of network provider the lesser of the following:

(1) The usual, customary, and reasonable charge in the health maintenance organization's service area for the health care services provided by the out of network provider.

(2) An amount agreed to between the health maintenance organization and the out of network provider.

The enrollee's treating provider may collect from the enrollee only the deductible or copayment, if any, that the enrollee would be responsible to pay if the health care services had been provided by a participating provider. The enrollee may not be billed by the health maintenance organization or by the out of network provider for any difference between the out of network provider's charge and the amount paid by the health maintenance organization to the out of network provider as provided in this subsection.

(d) A contract between a health maintenance organization and a primary care provider may not provide for a financial or other penalty to the primary care provider for making a determination allowed under subsection (b).

As added by P.L.69-1998, SEC.14.
Ind. Code § 27-1-24.2-11 — Indiana Code / Title 27 / Article 1 / Chapter 24.2 / Section 27-1-24.2-11
"Pharmacy affiliate"
Status: in_force

Sec. 11. As used in this chapter, "pharmacy affiliate" means a pharmacy, including a specialty pharmacy, that directly or indirectly, through one (1) or more intermediaries:

(1) owns or controls;

(2) is owned or controlled by; or

(3) is under common ownership or common control with;

an insurer, a pharmacy benefit manager, or other administrator of pharmacy benefits.

As added by P.L.189-2025, SEC.1.
Ind. Code § 27-1-3-16 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-16
Disposition of taxes and fees accrued
Status: in_force

Sec. 16. All taxes provided by this article and all fees accruing to the department as provided in this article shall be paid into the state treasury monthly.

Formerly: Acts 1935, c.162, s.23. As amended by P.L.252-1985, SEC.10; P.L.146-2015, SEC.2.
Ind. Code § 27-2-20-3 — Indiana Code / Title 27 / Article 2 / Chapter 20 / Section 27-2-20-3
Adoption of rules
Status: in_force

Sec. 3. The commissioner may adopt rules under IC 4-22-2 to implement this chapter. These rules:

(1) must be consistent with; and

(2) may not be more restrictive than;

the standards contained in 15 U.S.C. 6801 et seq.

As added by P.L.203-2001, SEC.6.
Ind. Code § 27-1-37.5-15 — Indiana Code / Title 27 / Article 1 / Chapter 37.5 / Section 27-1-37.5-15
Violation of chapter
Status: in_force

Sec. 15. A violation of this chapter by a utilization review entity is an unfair or deceptive act or practice in the business of insurance under IC 27-4-1-4.

As added by P.L.77-2018, SEC.2. Amended by P.L.144-2025, SEC.25.
Ind. Code § 27-5.1-2-2 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-2
Farm mutual insurance companies existing on June 30, 2003
Status: in_force

Sec. 2. (a) A farm mutual insurance company that holds a certificate of authority to do business in Indiana on June 30, 2003, is a standard company under this article unless the farm mutual insurance company:

(1) elects to become an extended company under IC 27-5.1-4; and

(2) is authorized by the commissioner to do business as an extended company.

(b) A standard company described in subsection (a) may elect to become an extended company at any time by:

(1) complying with IC 27-5.1-4-2(b); and

(2) submitting to an examination that may be conducted at the discretion of the commissioner.

(c) An election made under this section is effective upon the date the commissioner issues a new certificate of authority.

As added by P.L.129-2003, SEC.8.
Ind. Code § 27-1-29.1-24 — Indiana Code / Title 27 / Article 1 / Chapter 29.1 / Section 27-1-29.1-24
Expiration of chapter; certification by commissioner
Status: in_force

Sec. 24. This chapter expires when the insurance commissioner certifies to the executive director of the legislative services agency that:

(1) the fund has no remaining members;

(2) all payments of liabilities of former members of the fund have been determined and finalized; and

(3) the balance in the fund has been distributed to former members of the fund in accordance with section 23(b)(4) of this chapter.

As added by P.L.46-2023, SEC.5.
Ind. Code § 27-8-24.1-0.1 — Indiana Code / Title 27 / Article 8 / Chapter 24.1 / Section 27-8-24.1-0.1
Application of chapter
Status: in_force

Sec. 0.1. The addition of this chapter by P.L.166-2003 applies to an accident and sickness insurance policy that is issued, delivered, amended, or renewed after December 31, 2003.

As added by P.L.220-2011, SEC.449.
Ind. Code § 27-1-36-46 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-46
Comparison of insurer's total adjusted capital to RBC levels
Status: in_force

Sec. 46. (a) The comparison of an insurer's total adjusted capital to any of its RBC levels is a regulatory tool that may indicate the need for possible corrective action with respect to the insurer and it is not intended as a means to rank insurers generally. Except as provided in subsection (b), the action of an insurer, an insurance producer, a broker, or other person engaged in any manner in the insurance business, in:

(1) making, publishing, disseminating, circulating, or placing before the public; or

(2) causing, directly or indirectly to be made, published, disseminated, circulated, or placed before the public, in a newspaper, magazine, or other publication, or in the form of a notice, circular, pamphlet, letter, or poster, or over any radio or television station, or in any other way;

an advertisement, an announcement, or a statement containing an assertion, a representation, or a statement regarding the RBC level of an insurer or any component derived in the calculation of the RBC level of an insurer is misleading and is prohibited.

(b) If:

(1) a materially false statement with respect to the comparison regarding an insurer's total adjusted capital to an RBC level of the insurer or an inappropriate comparison of any other amount to the insurer's RBC levels is published in any written publication; and

(2) the insurer is able to demonstrate to the commissioner with substantial proof the:

(A) falsity; or

(B) inappropriateness;

of the statement;

the insurer may publish an announcement in a written publication if the sole purpose of the announcement is to rebut the materially false statement.

As added by P.L.186-1996, SEC.1. Amended by P.L.178-2003, SEC.31.
Ind. Code § 27-2-27-22 — Indiana Code / Title 27 / Article 2 / Chapter 27 / Section 27-2-27-22
Notice to ceding insurers and commissioner of cybersecurity event
Status: in_force

Sec. 22. (a) In the case of a cybersecurity event involving nonpublic information that:

(1) is used by a licensee acting as an assuming insurer; or

(2) is in the possession, custody, or control of a licensee that:

(A) is acting as an assuming insurer; and

(B) does not have a direct contractual relationship with the affected consumers;

the assuming insurer shall notify its affected ceding insurers and the commissioner of its state of domicile within three (3) business days after making the determination that a cybersecurity event has occurred and the ceding insurers that have a direct contractual relationship with affected consumers shall fulfill the consumer notification requirements imposed under IC 24-4.9 and any other notification requirements relating to a cybersecurity event imposed under section 21(c) through 21(f) of this chapter.

(b) In the case of a cybersecurity event involving nonpublic information that is in the possession, custody, or control of a third party service provider of a licensee that is an assuming insurer:

(1) the assuming insurer shall notify its affected ceding insurers and the commissioner of its state of domicile within three (3) business days after receiving notice from its third party service provider that a cybersecurity event has occurred; and

(2) the ceding insurers that have a direct contractual relationship with affected consumers shall fulfill the consumer notification requirements imposed under IC 24-4.9 and any other notification requirements relating to a cybersecurity event imposed under section 21(c) through 21(f) of this chapter.

(c) Except for the obligations set forth in this section, a licensee acting as assuming insurer has no notice obligations relating to a cybersecurity event or other data breach under section 21 of this chapter or any other law of Indiana.

As added by P.L.130-2020, SEC.10.
Ind. Code § 27-1-12.8-16 — Indiana Code / Title 27 / Article 1 / Chapter 12.8 / Section 27-1-12.8-16
"Tail risk"
Status: in_force

Sec. 16. As used in this chapter, "tail risk" means a risk that occurs where:

(1) the frequency of low probability events is higher than expected under a normal probability distribution; or

(2) there are observed events of very significant size or magnitude.

As added by P.L.276-2013, SEC.10.
Ind. Code § 27-11-3-3 — Indiana Code / Title 27 / Article 11 / Chapter 3 / Section 27-11-3-3
Personal liability of officers and members; indemnification and reimbursement of certain persons; maintenance of insurance on certain persons
Status: in_force

Sec. 3. (a) The officers and members of the supreme governing body or any subordinate body of a society are not personally liable for any benefits provided by a society.

(b) Any person may be indemnified and reimbursed by any society for expenses reasonably incurred by and liabilities imposed upon the person in connection with or arising out of any action, suit, or proceeding, whether civil, criminal, administrative, or investigative, or threat thereof, in which the person may be involved by reason of the fact that the person is or was a director, officer, employee, or agent of the society or of any firm, limited liability company, corporation, or organization that the person served in any capacity at the request of the society. A person shall not be indemnified or reimbursed:

(1) in relation to any matter in such action, suit, or proceeding as to which the person is adjudged to be or has been guilty of breach of a duty as a director, officer, employee, or agent of the society; or

(2) in relation to any matter in an action, suit, proceeding, or threat that has been made the subject of a compromise settlement;

unless in either case the person acted in good faith for a purpose the person reasonably believed to be in or not opposed to the best interests of the society and, in a criminal action or proceeding, had no reasonable cause to believe that this conduct was unlawful.

(c) The determination whether the conduct of such person met the standard required in order to justify indemnification and reimbursement in relation to any matter described in subsection (b)(1) or (b)(2) may only be made by the supreme governing body or board of directors by a majority vote of a quorum consisting of persons who were not parties to the action, suit, or proceeding or by a court of competent jurisdiction. The termination of any action, suit, or proceeding by judgment, order, settlement, conviction, or upon a plea of no contest does not in itself create a conclusive presumption that the person did not meet the standard of conduct required in order to justify indemnification and reimbursement.

(d) The right of indemnification and reimbursement provided in this section is not exclusive of other rights to which the person may be entitled as a matter of law and shall inure to the benefit of that person's heirs, executors, and administrators.

(e) A society may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee, or agent of the society or who is or was serving at the request of the society as a director, officer, employee, or agent of any other firm, corporation, limited liability company, or organization against any liability asserted against the person and incurred by the person in any such capacity or arising out of the person's status, whether or not the society would have the power to indemnify the person against such liability under this section.

As added by P.L.262-1985, SEC.1. Amended by P.L.8-1993, SEC.435.
Ind. Code § 27-8-19.8-4.3 — Indiana Code / Title 27 / Article 8 / Chapter 19.8 / Section 27-8-19.8-4.3
"Viatical settlement agent" defined
Status: in_force

Sec. 4.3. As used in this chapter, "viatical settlement agent" means a person that solicits, offers, or attempts to negotiate a viatical settlement contract with a viator.

As added by P.L.32-1998, SEC.3.
Ind. Code § 27-7-9-2 — Indiana Code / Title 27 / Article 7 / Chapter 9 / Section 27-7-9-2
"Insurer"
Status: in_force

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

As added by P.L.164-1986, SEC.1.
Ind. Code § 27-5.1-2-24.5 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-24.5
Waiver of merger requirements
Status: in_force

Sec. 24.5. (a) The commissioner may waive the requirements of this chapter or IC 27-1-9, whichever is applicable, for a merger or consolidation of a farm mutual insurance company with any other company (as defined in IC 27-1-2-3) if:

(1) the farm mutual insurance company is notified that it will lose reinsurance coverage within one hundred twenty (120) days; or

(2) another emergency event occurs that places the farm mutual insurance company in imminent danger of insolvency.

(b) A farm mutual insurance company that decides to merge or consolidate as a result of an emergency event described in subsection (a) shall provide notice of the emergency event to the commissioner not later than ten (10) days after the emergency event occurs.

(c) The commissioner shall issue a decision on the proposed merger or consolidation not more than ninety (90) days after receiving notice from a farm mutual insurance company under subsection (b).

As added by P.L.86-2026, SEC.10.
Ind. Code § 27-1-22-6 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-6
Bad faith filing; burden of proof; order to rewrite policies at approved rate
Status: in_force

Sec. 6. (a) A "bad-faith filing", as used in this chapter, means a rate filing made by any filer who, in bad faith, files a rate which it knows, or should know, is grossly inadequate for the insurance coverage provided, and which is filed and used for the purpose of unfairly obtaining a particular risk or limited group of risks, and which is available only to such risk or limited group of risks.

(b) At any hearing conducted under this section, the burden shall be on the filer to prove that such filing is not in violation of this section. If, after such hearing, the commissioner finds that the filer has failed to prove that such filing is not in violation of this section, based on the evidence adduced at the hearing and made a part of the record, he may order all policies written under such bad-faith filing to be rewritten at an approved rate from the date of the inception of such policies of insurance, or all such policies shall be cancelled pro rata in accordance with the policy provisions.

(c) Nothing in this section shall be deemed to supersede the provisions set forth in section 24 of this chapter.

Formerly: Acts 1967, c.133, s.6. As amended by P.L.252-1985, SEC.109.
Ind. Code § 27-7-2-19 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-19
Repealed
Status: repealed

Formerly: Acts 1935, c.323, s.19a; Acts 1959, c.231, s.7. Repealed by P.L.249-1989, SEC.19.
Ind. Code § 27-2-25.5-1 — Indiana Code / Title 27 / Article 2 / Chapter 25.5 / Section 27-2-25.5-1
Submitting claims data; requirements; compliance with federal law
Status: in_force

Sec. 1. (a) Not more than four (4) times per calendar year for a contract holder, a third party administrator, an insurer (as defined in IC 27-1-2-3(x)) that issues a policy of accident and sickness insurance (as defined in IC 27-8-5-1(a)), or a health maintenance organization (as defined in IC 27-13-1-19) that has contracted to administer a self-funded group plan or a fully insured group plan shall provide claims data to the contract holder for which the contract was entered into not later than fifteen (15) business days from a request for the claims data. The claims data must include the following:

(1) The effective date of coverage.

(2) The total number of covered individuals.

(3) The total monthly earned premium.

(4) The total monthly dollar value of paid claims, regardless of the period in which the claims were incurred.

(5) The:

(A) beginning and ending date of the period for which claims were paid; and

(B) percentage of claims that were paid in:

(i) less than thirty (30) days;

(ii) thirty (30) days to sixty (60) days;

(iii) sixty-one (61) days to ninety (90) days; and

(iv) over ninety (90) days.

(6) For groups insuring at least one hundred (100) employees:

(A) the reserve value as of the beginning of the period; and

(B) the reserve value as of the date through which the paid claims data was obtained.

(7) A description of each large or catastrophic claim exceeding fifty thousand dollars ($50,000), including:

(A) the diagnosis;

(B) the dollar amount of the claim;

(C) whether the claim is opened or closed; and

(D) the length of time the claim was open.

(8) Any other claims data requested by the contract holder.

(b) The department may prescribe the format and manner for the submission of the data described in subsection (a) with the purpose of ensuring that the information is provided in an easily readable manner.

(c) Information provided under this section must be provided in accordance with the federal Health Insurance Portability and Accountability Act, including 45 CFR Part 160 and Part 164, Subparts A and E.

(d) The department shall perform an examination under IC 27-1-3.1 for any alleged violation of this section.

As added by P.L.203-2023, SEC.22. Amended by P.L.216-2025, SEC.48.
Ind. Code § 27-7-3.7-2 — Indiana Code / Title 27 / Article 7 / Chapter 3.7 / Section 27-7-3.7-2
"Escrow account"
Status: in_force

Sec. 2. As used in this chapter, "escrow account" means a checking account established by a closing agent with a:

(1) bank;

(2) savings and loan association;

(3) credit union; or

(4) savings bank;

that is chartered under the laws of a state or the United States and used exclusively for the deposit and disbursement of funds for an escrow transaction.

As added by P.L.92-2009, SEC.1.
Ind. Code § 27-1-3-5 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-5
Certified copies of documents and commissioner's certification of facts as prima facie evidence
Status: in_force

Sec. 5. Copies of all certificates, documents, reports, or other papers lawfully received and filed by the department pursuant to this article or any other law of this state, when duly certified by the commissioner or any deputy and authenticated by the official seal of the department, shall be taken and received in all courts and places as prima facie evidence of the facts stated in the certificates, documents, reports, or other papers, and a certificate from the commissioner under the official seal of the department as to the existence or nonexistence of the facts relating to any insurance company which would not appear from a certified copy of any paper lawfully filed with the department shall be taken and received in all courts and places as prima facie evidence of the existence or nonexistence of the facts stated in the certificate from the commissioner.

Formerly: Acts 1935, c.162, s.12. As amended by P.L.252-1985, SEC.7; P.L.136-2018, SEC.144.
Ind. Code § 27-9-3.1-3 — Indiana Code / Title 27 / Article 9 / Chapter 3.1 / Section 27-9-3.1-3
"Commodity contract"
Status: in_force

Sec. 3. As used in this chapter, "commodity contract" means any of the following:

(1) A contract for the purchase or sale of a commodity:

(A) for future delivery on; or

(B) subject to the rules of;

a board of trade or contract market under the federal Commodity Exchange Act (7 U.S.C. 1 et seq.) or a board of trade outside the United States.

(2) An agreement that is:

(A) subject to regulation under Section 19 of the federal Commodity Exchange Act (7 U.S.C. 1 et seq.); and

(B) commonly known to the commodities trade as a margin account, margin contract, leverage account, or leverage contract.

(3) An agreement or transaction that is:

(A) subject to regulation under Section 4c(b) of the federal Commodity Exchange Act (7 U.S.C. 1 et seq.); and

(B) commonly known to the commodities trade as a commodity option.

(4) A combination of the contracts, agreements, or transactions described in subdivisions (1) through (3).

(5) An option to enter into:

(A) a contract;

(B) an agreement;

(C) a transaction; or

(D) a combination of contracts, agreements, or transactions;

described in subdivisions (1) through (4).

As added by P.L.11-2011, SEC.36.
Ind. Code § 27-8-14-3 — Indiana Code / Title 27 / Article 8 / Chapter 14 / Section 27-8-14-3
"Insured"
Status: in_force

Sec. 3. 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.119-1991, SEC.3.
Ind. Code § 27-11-5-2 — Indiana Code / Title 27 / Article 11 / Chapter 5 / Section 27-11-5-2
Operation of not-for-profit institutions
Status: in_force

Sec. 2. A society may create, maintain, and operate or may establish organizations to operate not-for-profit institutions to further the purposes permitted by IC 27-11-2-3. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-6-1.1-3 — Indiana Code / Title 27 / Article 6 / Chapter 1.1 / Section 27-6-1.1-3
Repealed
Status: repealed

As added by P.L.260-1983, SEC.1. Repealed by P.L.116-1994, SEC.78.
Ind. Code § 27-1-24.5-14 — Indiana Code / Title 27 / Article 1 / Chapter 24.5 / Section 27-1-24.5-14
"Pharmacy benefit manager network"
Status: in_force

Sec. 14. As used in this chapter, "pharmacy benefit manager network" means a group of pharmacies or pharmacists that is offered:

(1) through an agreement or health plan contract; and

(2) to provide pharmacist services for health plans.

As added by P.L.68-2020, SEC.1.
Ind. Code § 27-11-9-1 — Indiana Code / Title 27 / Article 11 / Chapter 9 / Section 27-11-9-1
Appointment of attorney for service of process; method of serving process
Status: in_force

Sec. 1. (a) Every society authorized to do business in Indiana shall appoint in writing an individual resident of Indiana, a corporate resident of Indiana, or an authorized Indiana insurer to be its true and lawful attorney upon whom all lawful process in any action or proceeding against it shall be served and shall agree in such writing that:

(1) any lawful process against it that is served on the attorney shall be of the same legal force and validity as if served upon the society; and

(2) the authority shall continue in force so long as any liability remains outstanding in this state.

Copies of the appointment, certified by the commissioner, shall be considered sufficient evidence thereof and shall be admitted in evidence with the same force and effect as the original might be admitted.

(b) Service shall only be made upon the attorney or, if absent, upon the person in charge of the attorney's office. It shall be made in duplicate and shall constitute sufficient service upon the society. When legal process against a society is served upon the attorney, the attorney shall immediately forward one (1) of the duplicate copies by registered mail, prepaid, directed to the secretary or corresponding officer. No service shall require a society to file its answer, pleading, or defense in less than thirty (30) days from the date of mailing the copy of the service to a society. Legal process shall not be served upon a society except in the manner provided in this section.

As added by P.L.262-1985, SEC.1. Amended by P.L.130-1994, SEC.48; P.L.116-1994, SEC.71; P.L.268-1999, SEC.21.
Ind. Code § 27-1-24.7-4 — Indiana Code / Title 27 / Article 1 / Chapter 24.7 / Section 27-1-24.7-4
"Policyholder"
Status: in_force

Sec. 4. As used in this chapter, "policyholder" means an individual in whose name a health plan is held.

As added by P.L.216-2025, SEC.42.
Ind. Code § 27-1-22-12 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-12
Procedure on complaint by insured
Status: in_force

Sec. 12. Any insured may, in writing, request his insurer or its rating organization to review the manner in which its filing or the filing made by a rating organization on its behalf has been applied with respect to insurance afforded him. Any such insured aggrieved by the failure or refusal of an insurer or rating organization to make such review and to grant appropriate relief within thirty (30) days after such request is received may file a written complaint and request for a hearing with the commissioner, specifying the grounds relied upon. If the complaint charges a violation of this chapter and the commissioner finds that the complaint was made in good faith and that the complainant would be aggrieved if the violation is proven, he shall hold a hearing upon not less than ten (10) days written notice to the complainant, the insurer, and the related rating organization, if any, stating the grounds of complaint. If after such hearing he finds the complaint justified, he shall order the matter complained of to be corrected within a reasonable time, but not less than twenty (20) days after a copy of his written order has been mailed to or served upon the insurer complained against.

Formerly: Acts 1967, c.133, s.12. As amended by P.L.252-1985, SEC.115.
Ind. Code § 27-13-34-3 — Indiana Code / Title 27 / Article 13 / Chapter 34 / Section 27-13-34-3
"Limited health services" defined
Status: in_force

Sec. 3. (a) As used in this chapter, "limited health services" refers to:

(1) dental care services;

(2) vision care services;

(3) mental health services;

(4) substance abuse services;

(5) pharmaceutical services;

(6) podiatric care services; and

(7) other services that the commissioner determines to be limited health services.

(b) The term does not include hospital or emergency services, except as those services are provided incident to a limited health service.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-1-37.2-2 — Indiana Code / Title 27 / Article 1 / Chapter 37.2 / Section 27-1-37.2-2
"Health benefit plan provider" defined
Status: in_force

Sec. 2. As used in this chapter, "health benefit plan provider" means a person that provides coverage under a health benefit plan.

As added by P.L.258-2001, SEC.1.
Ind. Code § 27-1-44.6-4 — Indiana Code / Title 27 / Article 1 / Chapter 44.6 / Section 27-1-44.6-4
"Executive director"
Status: in_force

Sec. 4. As used in this chapter, "executive director" has the meaning in IC 27-1-44.5-1.2.

As added by P.L.195-2021, SEC.12.
Ind. Code § 27-1-15.6-21 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-21
Service of process
Status: in_force

Sec. 21. (a) Service of process upon any nonresident producer licensee in any action or proceeding in any court of competent jurisdiction of Indiana arising out of the nonresident producer's insurance business in Indiana may be made by serving the commissioner with appropriate copies thereof and paying to the commissioner a fee of two dollars ($2). The commissioner shall forward a copy of such process by registered or certified mail to the licensee at the licensee's last known address of record or principal place of business, and shall keep a record of all processes so served upon the commissioner.

(b) The service of process under subsection (a) is sufficient if notice of the service and a copy of the process are sent to the licensee at the licensee's last known address of record or principal place of business by registered or certified mail, return receipt requested not more than ten (10) days after the commissioner is served.

As added by P.L.132-2001, SEC.3.
Ind. Code § 27-1-31-2.5 — Indiana Code / Title 27 / Article 1 / Chapter 31 / Section 27-1-31-2.5
Notice of cancellation
Status: in_force

Sec. 2.5. An insurer may cancel a policy of insurance that the insurer has written that has been in effect ninety (90) days or less by mailing a written notice of cancellation to a person insured under the policy at least:

(1) ten (10) days before cancelling if an insured has failed to pay a premium;

(2) twenty (20) days before cancelling if the insured has perpetrated a fraud or material misrepresentation upon the insurer; or

(3) thirty (30) days before cancelling for any other reason.

As added by P.L.162-1988, SEC.4. Amended by P.L.196-2021, SEC.27.
Ind. Code § 27-2-10-2 — Indiana Code / Title 27 / Article 2 / Chapter 10 / Section 27-2-10-2
Accounting for profits from short term equity trading; persons entitled to bring action; limitation of actions
Status: in_force

Sec. 2. For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director, or officer by reason of his relationship to such domestic stock insurance company, any profit realized by him from any purchase and sale, or any sale and purchase, of any equity security of such company within any period of less than six (6) months, unless such security was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the company, irrespective of any intention on the part of such beneficial owner, director, or officer in entering into such transaction of holding the security purchased or of not repurchasing the security sold for a period exceeding six (6) months. Suit to recover such profit may be instituted at law or in equity in any court of competent jurisdiction by the company, or by the owner of any security of the company in the name and in behalf of the company if the company shall fail or refuse to bring such suit within sixty (60) days after request or shall fail diligently to prosecute the same thereafter; but no such suit shall be brought more than two (2) years after the date such profit was realized. This section shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security involved, or any transaction or transactions which the insurance commissioner by rules and regulations may exempt as not comprehended within the purpose of this section.

Formerly: Acts 1965, c.5, s.2.
Ind. Code § 27-8-29-19 — Indiana Code / Title 27 / Article 8 / Chapter 29 / Section 27-8-29-19
Annual certifications of independent review organizations
Status: in_force

Sec. 19. (a) The department shall establish and maintain a process for annual certification of independent review organizations.

(b) The department shall certify a number of independent review organizations determined by the department to be sufficient to fulfill the purposes of this chapter.

(c) An independent review organization must meet the following minimum requirements for certification by the department:

(1) Medical review professionals assigned by the independent review organization to perform external grievance reviews under this chapter:

(A) must be board certified in the specialty in which a covered individual's proposed service would be provided;

(B) must be knowledgeable about a proposed service through actual clinical experience;

(C) must hold an unlimited license to practice in a state of the United States; and

(D) must not have any history of disciplinary actions or sanctions, including:

(i) loss of staff privileges; or

(ii) restriction on participation;

taken or pending by any hospital, government, or regulatory body.

(2) The independent review organization must have a quality assurance mechanism to ensure:

(A) the timeliness and quality of reviews;

(B) the qualifications and independence of medical review professionals;

(C) the confidentiality of medical records and other review materials; and

(D) the satisfaction of covered individuals with the procedures utilized by the independent review organization, including the use of covered individual satisfaction surveys.

(3) The independent review organization must file with the department the following information on or before March 1 of each year:

(A) The number and percentage of determinations made in favor of covered individuals.

(B) The number and percentage of determinations made in favor of insurers.

(C) The average time to process a determination.

(D) The number of external grievance reviews terminated due to reconsideration of the insurer before a determination was made.

(E) Any other information required by the department.

The information required under this subdivision must be specified for each insurer for which the independent review organization performed reviews during the reporting year.

(4) The independent review organization must retain all records related to an external grievance review for at least three (3) years after a determination is made under section 15 of this chapter.

(5) Any additional requirements established by the department.

(d) The department may not certify an independent review organization that is one (1) of the following:

(1) A professional or trade association of health care providers or a subsidiary or an affiliate of a professional or trade association of health care providers.

(2) An insurer, a health maintenance organization, or a health plan association, or a subsidiary or an affiliate of an insurer, health maintenance organization, or health plan association.

(e) The department may suspend or revoke an independent review organization's certification if the department finds that the independent review organization is not in substantial compliance with the certification requirements under this section.

(f) The department shall make available to insurers a list of all certified independent review organizations.

(g) The department shall make the information provided to the department under subsection (c)(3) available to the public in a format that does not identify individual covered individuals.

As added by P.L.66-2001, SEC.3 and P.L.203-2001, SEC.14. Amended by P.L.1-2002, SEC.121; P.L.160-2011, SEC.25.
Ind. Code § 27-8-24.3-2 — Indiana Code / Title 27 / Article 8 / Chapter 24.3 / Section 27-8-24.3-2
"Abuse" defined
Status: in_force

Sec. 2. As used in this chapter, "abuse" refers to the occurrence of one (1) or more of the following acts between family members or current or former household members:

(1) Attempting to cause or intentionally, knowingly, or recklessly causing bodily injury to, physical harm to, sexual assault on, involuntary sexual intercourse with, or rape of another individual.

(2) Knowingly engaging in a course of conduct or repeatedly committing acts, including stalking (as defined in IC 35-45-10-1) or impermissible contact (as defined in IC 35-45-10-3), under circumstances that place the individual toward whom such acts are directed in reasonable fear of bodily injury or physical harm.

(3) Subjecting another individual to false imprisonment.

(4) Attempting to cause or intentionally, knowingly, or recklessly causing damage to property in order to intimidate or attempt to control the behavior of another individual.

As added by P.L.188-1996, SEC.2.
Ind. Code § 27-10-2-10 — Indiana Code / Title 27 / Article 10 / Chapter 2 / Section 27-10-2-10
Recognizances; affidavits; forms
Status: in_force

Sec. 10. (a) Recognizances for the appearance of prisoners shall in all cases and in all courts be in writing, be taken with at least one (1) resident freehold surety or be secured by a surety company, and be substantially in the following form:

STATE OF INDIANA

)

)

SS:

COUNTY OF _________________

)

State of Indiana.

vs.

John Doe

We, A B and C D, jointly and severally acknowledge ourselves bound to the state of Indiana in ______ dollars. If A B (the prisoner) shall appear on the ____ day of ________, 20___, in the ___________ court, to answer a charge of (here state the offense) and from day to day and from term to term thereof, and abide the order of the court until the cause is determined and not depart therefrom without leave, then this recognizance shall be void, else to remain in full force.

If the above named defendant does not appear at any time fixed in this bond, the court shall order CD (the surety) to produce the defendant. The court shall mail notice of this order to CD, the surety at __________ and __________ in __________ county and state of Indiana. If the surety does not produce the defendant, and does not pay all costs and late surrender fees in compliance with IC 27-10-2-12, the court shall, three hundred sixty-five (365) days after the mailing of the above notice to the surety, declare the bond forfeited, enter judgment forthwith against the surety, and certify the judgment to the clerk for record. Such forfeiture shall be without pleadings and without change of judge or change of venue. The obligors on such bond may appeal to the ruling of the court and appeal to the court of appeals as in other civil cases, and on appeal the evidence may be reviewed. Execution shall issue forthwith to the sheriff against the properties of each of us to be levied as other executions are levied.

Witness our hand and seals this ___ day of _________, 20___.

A B __________ (SEAL)

C D __________ (SEAL)

taken and approved this ___ day of _________, 20___.

__________________________

(Officer taking surety)

Affidavits shall be taken from each personal surety substantially

as follows:

State of Indiana

)

County of ______________

)

I, C D, being duly sworn, on oath say, that I am worth in my personal rights and name, over and above all debts and liabilities of any and every kind, not less than _______ dollars, and that I possess real estate in my own name, located in the above-named county, which is worth over and above all encumbrances and liens, more than ______ dollars; that I am surety on the following recognizance bonds and none other, aggregating the total amount of ________ to-wit: (Here name bonds and amounts, if any) ________, And that I am not surety on any recognizance bond of any kind in any court which bond has been forfeited which judgment remains unpaid.

C D _______________ (SEAL)

Subscribed and sworn to before me, this ___ day of __________, 20___.

_________________________________

(Officer administering oath)

(b) Printed forms of the above bonds shall be kept by all clerks of court that are authorized by law to admit prisoners to bail and shall be supplied by the clerks to sheriffs.

(c) For the purposes of this article, a cause is determined when a:

(1) judgment of conviction or acquittal is entered for a misdemeanor;

(2) judgment is withheld in a misdemeanor case;

(3) judgment of acquittal is entered in a felony case;

(4) sentence is imposed in a felony case; or

(5) defendant has been ordered or admitted to a diversion program.

As added by P.L.261-1985, SEC.1. Amended by P.L.355-1989(ss), SEC.3; P.L.2-2005, SEC.73.
Ind. Code § 27-15-12-2 — Indiana Code / Title 27 / Article 15 / Chapter 12 / Section 27-15-12-2
Formation of trust under trust agreement; beneficiaries; satisfaction of claims; reports
Status: in_force

Sec. 2. (a) At the effective date of the plan of conversion, assets adequate to satisfy a claim described in section 1 of this chapter, consisting of the consideration that otherwise would be distributed directly to eligible members, must be placed in trust under a trust agreement in a form approved by the commissioner. The trustee or trustees of the trust shall:

(1) be appointed by the board of directors of the converting mutual, subject to disapproval of any trustee by the commissioner; and

(2) consist of one (1) or more institutions authorized by Indiana law to act as corporate trustees.

(b) The beneficiaries of the trust:

(1) are the eligible members who, in the absence of the claims, would have been entitled to the consideration placed in the trust; and

(2) may consist of all of the eligible members or specified classes or groups of eligible members.

(c) Assets of the trust shall be made available to pay or otherwise satisfy the claims for which the trust has been established, the expenses of the trust in contesting or resolving those claims, and any other reasonable expenses of the trust. Upon final resolution of the claims, by judgment, settlement or otherwise, or at such other times as may be provided for in the trust agreement, the remaining assets of the trust shall be distributed to the beneficiaries in accordance with their respective interests in the trust.

(d) Until the trust has been terminated, the trustee or trustees shall prepare reports not less frequently than annually, upon termination of the trust, and at such other times as may be requested by the commissioner or the former mutual. The reports must contain information regarding the financial condition of the trust and the status of any resolved and pending claims. The reports shall be provided to the commissioner and the former mutual and the reports or summary reports shall be mailed at least annually to the beneficiaries of the trust at the expense of the trust.

(e) An interest in a trust established under this section does not constitute a security under Indiana law.

(f) The establishment of a trust or pendency of any claim described in this chapter shall not delay or affect the effectiveness of a plan of conversion or an amendment to the articles of incorporation.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-8-5-23 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-23
Statute or rule mandating particular types of health care coverage; applications to insurer
Status: in_force

Sec. 23. (a) This section does not apply to IC 27-8-6.

(b) A statute or rule mandating that one (1) or more particular types of health care coverage be provided does not apply to an insurer unless the statute or rule applies equally to employee welfare benefit plans described in 29 U.S.C. 1001 et seq.

As added by P.L.152-1990, SEC.1. Amended by P.L.119-1991, SEC.2.
Ind. Code § 27-16-3-3 — Indiana Code / Title 27 / Article 16 / Chapter 3 / Section 27-16-3-3
Effect on federal, state, or local requirements
Status: in_force

Sec. 3. (a) This article and a professional employer agreement do not affect, modify, or amend a federal, state, or local:

(1) license;

(2) registration; or

(3) certification;

requirement that applies to a client or covered employee.

(b) The following apply to a federal, state, or local requirement described in subsection (a):

(1) A covered employee who is required to be licensed, registered, or certified is considered solely an employee of the client for purposes of a license, registration, or certification requirement.

(2) A PEO is not considered to engage in an occupation, a trade, a profession, or another activity that is:

(A) subject to a license, registration, or certification requirement; or

(B) otherwise regulated by a governmental entity;

solely because the PEO has entered into and maintained a co-employment relationship with a covered employee who is subject to a requirement or regulation described in clause (A) or (B).

(3) A client has the sole right of direction and control of the professional or licensed activities of a covered employee and of the client's business.

(4) Only a:

(A) covered employee; or

(B) client;

that is subject to a requirement or regulation described in subdivision (2)(A) or (2)(B) is subject to the regulation by a regulatory or governmental entity responsible for licensing, registration, certification, or other regulation of the covered employee or client.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-1-1-3 — Indiana Code / Title 27 / Article 1 / Chapter 1 / Section 27-1-1-3
Personnel
Status: in_force

Sec. 3. The commissioner shall appoint a chief deputy, an actuary, a securities deputy, and such other deputies, examiners, assistants and other employees as may be necessary to carry on the work of the department. With respect to all of such positions, aptitude, previous training and experience, intelligence and moral and physical qualifications shall be carefully considered and such employees shall be chosen for their fitness, either professional or practical, as the nature of the position may require, irrespective of their political beliefs or affiliations; it being the responsibility of the commissioner to develop and maintain a highly trained and effective personnel within the insurance department. The actuary of the department shall have had at least five (5) years experience in a responsible actuarial position in a life or casualty insurance company, in consulting actuarial practice, or in a comparable actuarial position in a state or federal agency; however, only two (2) years experience of the type aforesaid shall be required (a) if the applicant is a fellow or associate of the society of actuaries or the casualty actuarial society, or (b) if said applicant has completed courses in actuarial mathematics or theory in an accredited college or university. The technical or professional qualifications of any applicant shall be determined by examination, professional rating or otherwise, as the commissioner shall determine. The securities deputy and any securities clerk shall each give bond in the sum fixed by the governor, but not less than twenty-five thousand dollars ($25,000) surety, for the faithful performance of their duties.

Formerly: Acts 1945, c.351, s.3; Acts 1959, c.351, s.2. As amended by P.L.100-2012, SEC.63.
Ind. Code § 27-1-37.2-3 — Indiana Code / Title 27 / Article 1 / Chapter 37.2 / Section 27-1-37.2-3
"Health insurance educator" defined
Status: in_force

Sec. 3. As used in this chapter, "health insurance educator" refers to the health insurance educator appointed under section 6 of this chapter.

As added by P.L.258-2001, SEC.1.
Ind. Code § 27-1-16.1-11 — Indiana Code / Title 27 / Article 1 / Chapter 16.1 / Section 27-1-16.1-11
Evidence of coverage
Status: in_force

Sec. 11. A self-storage facility, supervising entity, or insurer shall provide an evidence of coverage to each insured customer.

As added by P.L.81-2013, SEC.3.
Ind. Code § 27-1-6-18 — Indiana Code / Title 27 / Article 1 / Chapter 6 / Section 27-1-6-18
Certificate of authority; issuance; recording
Status: in_force

Sec. 18. When the provisions of sections 2 through 17 of this chapter have been complied with, and the department has made an investigation and examination as required in section 17 of this chapter, then the commissioner may issue a certificate of authority under IC 27-1-3-20, which shall license the company to transact only the kind or kinds of insurance specified in its articles of incorporation. The company shall file a certified copy of such certificate of authority for record with the county recorder of the county where the principal office is located, which certified copy shall be evidence only that the company is authorized and licensed to transact the class or classes of insurance set out in the certificate of authority.

Formerly: Acts 1935, c.162, s.77. As amended by Acts 1977, P.L.283, SEC.1; P.L.136-2018, SEC.147.
Ind. Code § 27-19-2-1 — Indiana Code / Title 27 / Article 19 / Chapter 2 / Section 27-19-2-1
Application of definitions
Status: in_force

Sec. 1. The definitions in this chapter apply throughout this article.

As added by P.L.278-2013, SEC.27.
Ind. Code § 27-8-12-10.6 — Indiana Code / Title 27 / Article 8 / Chapter 12 / Section 27-8-12-10.6
Conditions on eligibility for benefits; restrictions
Status: in_force

Sec. 10.6. (a) A long term care insurance policy may not be delivered or issued for delivery in Indiana if the policy:

(1) conditions eligibility for any benefits on a prior hospitalization requirement;

(2) conditions eligibility for benefits provided in an institutional care setting on the receipt of a higher level of institutional care; or

(3) conditions eligibility for a benefit other than:

(A) a waiver of premium;

(B) postconfinement;

(C) postacute care; or

(D) recuperative benefits;

on a prior institutionalization requirement.

(b) A long term care insurance policy containing a postconfinement, postacute, or recuperative benefit must clearly label in a separate paragraph of the policy a statement entitled "limitations or conditions on eligibility for benefits". Under the statement, the policy must outline any limitations or conditions for benefits.

(c) A long term care insurance policy or rider that conditions eligibility of noninstitutional benefits on the prior receipt of institutional care must not require a prior institutional stay of more than thirty (30) days.

(d) A long term care insurance policy or rider that provides benefits only following institutionalization may not condition such benefits upon admission to a facility for the same or related conditions within a period of less than thirty (30) days after discharge from the institution.

As added by P.L.114-1991, SEC.13.
Ind. Code § 27-13-7-6 — Indiana Code / Title 27 / Article 13 / Chapter 7 / Section 27-13-7-6
Evidence of coverage; prohibited provisions
Status: in_force

Sec. 6. The evidence of coverage required by section 5 of this chapter may not contain provisions or statements:

(1) that are unfair, unjust, inequitable, misleading, or deceptive; or

(2) that encourage misrepresentation prohibited by IC 27-1-15.6-12 or IC 27-4-1-4.

As added by P.L.26-1994, SEC.25. Amended by P.L.132-2001, SEC.17.
Ind. Code § 27-8-14.1-2 — Indiana Code / Title 27 / Article 8 / Chapter 14.1 / Section 27-8-14.1-2
"Health care provider" defined
Status: in_force

Sec. 2. As used in this chapter, "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.

As added by P.L.78-2000, SEC.2.
Ind. Code § 27-8-12-15 — Indiana Code / Title 27 / Article 8 / Chapter 12 / Section 27-8-12-15
Group policy certificate; contents
Status: in_force

Sec. 15. A certificate issued under a group long term care insurance policy that is delivered or issued for delivery in Indiana must include the following:

(1) A description of the principal benefits and coverage provided in the policy.

(2) A statement of the principal exclusions, reductions, and limitations set forth in the policy.

(3) A statement that the group master policy should be consulted to determine the exact terms of the coverage provided by the policy.

As added by P.L.275-1987, SEC.1.
Ind. Code § 27-8-38-4 — Indiana Code / Title 27 / Article 8 / Chapter 38 / Section 27-8-38-4
"Emergency medical services"
Status: in_force

Sec. 4. As used in this chapter, "emergency medical services" has the meaning set forth in IC 16-18-2-110.

As added by P.L.170-2022, SEC.38.
Ind. Code § 27-5.1-2-15 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-15
Commissioner filing fee
Status: in_force

Sec. 15. The commissioner may charge a farm mutual insurance company a reasonable fee, as provided in IC 27-1-3-15, for a filing under this article.

As added by P.L.129-2003, SEC.8.
Ind. Code § 27-2-21-17 — Indiana Code / Title 27 / Article 2 / Chapter 21 / Section 27-2-21-17
Incorrect or incomplete credit information; notice; remedy
Status: in_force

Sec. 17. (a) If:

(1) a determination is made through the dispute resolution process set forth in the federal Fair Credit Reporting Act, 15 U.S.C. 1681i(a)(5), that the credit information of a current insured was incorrect or incomplete; and

(2) the insurer receives notice of the determination from the consumer reporting agency or the insured;

the insurer shall re-underwrite and re-rate the insured not more than thirty (30) days after receiving the notice.

(b) After an insurer re-underwrites or re-rates an insured as described in subsection (a), the insurer shall:

(1) make necessary adjustments, consistent with the insurer's underwriting and rating guidelines; and

(2) if the insurer determines that the insured has overpaid a premium, refund to the insured the amount of overpayment calculated back to the shorter of the:

(A) immediately preceding twelve (12) month period of coverage; or

(B) actual policy period.

As added by P.L.201-2003, SEC.1.
Ind. Code § 27-1-35-16 — Indiana Code / Title 27 / Article 1 / Chapter 35 / Section 27-1-35-16
Orders to cease placing business
Status: in_force

Sec. 16. If the commissioner believes that the controlling producer or any other person has not materially complied with this chapter or any rule or order adopted under this chapter, after notice and opportunity to be heard, the commissioner may order the controlling producer to cease placing business with the controlled insurer.

As added by P.L.130-1994, SEC.36 and P.L.116-1994, SEC.47.
Ind. Code § 27-8-9-7 — Indiana Code / Title 27 / Article 8 / Chapter 9 / Section 27-8-9-7
Coverage for a permittee or passenger
Status: in_force

Sec. 7. (a) This section does not apply to cases covered by section 10 or 11 of this chapter.

(b) In any case arising from a permittee's use of a motor vehicle for which the owner of the vehicle has motor vehicle insurance coverage, the owner's motor vehicle insurance coverage is considered primary if both of the following apply:

(1) The vehicle, at the time damage occurred, was operated with the permission of the owner of the motor vehicle.

(2) The use was within the scope of the permission granted.

(c) The permittee may not recover under any other motor vehicle insurance coverage available to the permittee until the limit of all coverage provided by the owner's policy is first exhausted.

(d) In a case arising from an owner's use of a motor vehicle for which the owner of the vehicle has motor vehicle insurance coverage, the owner's motor vehicle insurance policy is considered primary for any claim made by a passenger in the motor vehicle.

(e) A passenger in a motor vehicle at the time a case described in subsection (b) or (d) arises may not recover under any other motor vehicle insurance coverage available to the passenger until the limit of all coverage available to the passenger under the owner's motor vehicle insurance policy is first exhausted.

As added by P.L.261-1983, SEC.3. Amended by P.L.226-1993, SEC.4; P.L.74-2009, SEC.1; P.L.93-2010, SEC.17.
Ind. Code § 27-8-19.8-16 — Indiana Code / Title 27 / Article 8 / Chapter 19.8 / Section 27-8-19.8-16
Disclosure of identity of individuals associated with viatical settlement providers
Status: in_force

Sec. 16. The department may at any time require a viatical settlement provider or an applicant for a license to disclose fully the identity of all of the viatical settlement provider's or applicant's officers, employees, partners, and stockholders.

As added by P.L.130-1994, SEC.47 and P.L.116-1994, SEC.70. Amended by P.L.32-1998, SEC.18.
Ind. Code § 27-6-8-10 — Indiana Code / Title 27 / Article 6 / Chapter 8 / Section 27-6-8-10
Effect of paid claims
Status: in_force

Sec. 10. (Effect of Paid Claims) (a) Any person recovering under this chapter shall be deemed to have assigned the person's rights under the policy to the association to the extent of the person's recovery from the association. Every insured or claimant seeking the protection of this chapter shall cooperate with the association to the same extent as the person would have been required to cooperate with the insolvent insurer. The association shall have no cause of action against the insured of the insolvent insurer for any sums it has paid out except such causes of action as the insolvent insurer would have had if such sums had been paid by the insolvent insurer. In the case of an insolvent insurer operating on a plan with assessment liability, payments of claims of the association shall not operate to reduce the liability of insureds to the receiver, liquidator, or statutory successor for unpaid assessments previously made and no assessment shall be thereafter made for the purpose of reimbursing the association.

(b) The receiver, liquidator, or statutory successor of an insolvent insurer shall be bound by settlements of covered claims by the association or a similar organization in another state functioning pursuant to IC 27-6-8-8(d). The court having jurisdiction shall grant such claims priority equal to that which the claimant would have been entitled in the absence of this chapter against the assets of the insolvent insurer. The expenses of the association or similar organization in handling claims shall be accorded the same priority as the liquidator's expenses.

(c) The association shall periodically file with the receiver or liquidator of the insolvent insurer statements of the covered claims paid by the association and estimates of anticipated claims on the association which shall preserve the rights of the association against the assets of the insolvent insurer.

(d) The association shall have a right to recover from the insurance producer of record any part of the paid claim for unearned premium that represents unearned commission to the insurance producer.

Formerly: Acts 1971, P.L.390, SEC.1. As amended by Acts 1977, P.L.281, SEC.7; P.L.178-2003, SEC.42.
Ind. Code § 27-2-14-1 — Indiana Code / Title 27 / Article 2 / Chapter 14 / Section 27-2-14-1
Definitions
Status: in_force

Sec. 1. As used in this chapter:

"Authorized agency" means the state police, the prosecuting attorney responsible for prosecutions in the county where the theft occurred, or any law enforcement agency.

"Insurer" means an insurance company.

"Relevant" means information having any tendency to make the existence of any fact that is of consequence to the investigation or determination of an allegedly fraudulent vehicle theft claim more probable or less probable than it would have been without the evidence.

As added by Acts 1981, P.L.246, SEC.1.
Ind. Code § 27-1-3-35 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-35
State innovation waiver application
Status: in_force

Sec. 35. (a) The governor and the commissioner may apply to the United States Secretary of Health and Human Services for a waiver for state innovation under Section 1332 of the federal Patient Protection and Affordable Care Act (42 U.S.C. 18052).

(b) If the waiver applied for under subsection (a) is granted, the governor and the commissioner may implement a state plan of innovation that meets the waiver requirements established under federal law and as approved by the United States Secretary of Health and Human Services.

As added by P.L.208-2018, SEC.4.
Ind. Code § 27-8-31.2-1 — Indiana Code / Title 27 / Article 8 / Chapter 31.2 / Section 27-8-31.2-1
"Insurer"
Status: in_force

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

As added by P.L.251-2003, SEC.4.
Ind. Code § 27-2-19-6 — Indiana Code / Title 27 / Article 2 / Chapter 19 / Section 27-2-19-6
Authorization or release from claimant; when required; exceptions
Status: in_force

Sec. 6. (a) Except as provided in subsections (b) and (c), a law enforcement agency, an insurer, or a governmental agency that has reason to believe that an application for insurance or a claim for insurance proceeds is being, or is likely to be, presented:

(1) based upon misrepresentation; and

(2) with intent to defraud;

is not required to obtain any authorization or release in order to receive or provide any information other than medical records and medical reports and medical related information contained in medical records and medical reports regarding or in any way potentially relating to that claim or application from or to any other law enforcement agency, insurer, or governmental agency.

(b) In claims for bodily injury, only information:

(1) regarding the type of injury claimed;

(2) regarding the date of the alleged injury;

(3) regarding the name and address of each medical provider submitted to support the claimed injuries; and

(4) referred to in subsection (a);

may be released without first obtaining authorization or a release from the injured claimant.

(c) Medical records and medical reports and medical related information contained in medical records and medical reports may not be released under this chapter without first obtaining authorization or a release from the injured claimant unless:

(1) the claim is a bodily injury claim; and

(2) the parties requesting the release have complied with section 8 of this chapter.

As added by P.L.187-1996, SEC.1.
Ind. Code § 27-8-6-1 — Indiana Code / Title 27 / Article 8 / Chapter 6 / Section 27-8-6-1
Professional services for which reimbursement authorized
Status: in_force

Sec. 1. Notwithstanding any provision of any individual or group policy of accident and health insurance, or any provision of a policy, contract, plan, or agreement for hospital or medical service or indemnity, wherever such policy, contract, plan, or agreement provides for reimbursement for any service which is in the lawful scope of practice of a duly licensed dentist, health service provider in psychology, podiatrist, osteopath, optometrist, or chiropractor, the person entitled to benefits or the person performing services under the policy, contract, plan, or agreement shall be entitled to reimbursement on an equal basis for such service, whether the service is performed by a physician, dentist, health service provider in psychology, podiatrist, osteopath, optometrist, or chiropractor duly licensed under the laws of this state.

Formerly: Acts 1969, c.409, s.1; Acts 1974, P.L.126, SEC.1. As amended by P.L.260-1985, SEC.1.
Ind. Code § 27-8-19.8-8.5 — Indiana Code / Title 27 / Article 8 / Chapter 19.8 / Section 27-8-19.8-8.5
Persons required to be licensed as insurance producer with life qualification
Status: in_force

Sec. 8.5. The following must be licensed as an insurance producer with a life qualification under IC 27-1-15.6-7:

(1) A viatical settlement broker.

(2) A person who solicits, offers, or attempts to negotiate a viatical settlement contract with a viator.

As added by P.L.32-1998, SEC.10. Amended by P.L.132-2001, SEC.14; P.L.178-2003, SEC.71.
Ind. Code § 27-1-44.5-9 — Indiana Code / Title 27 / Article 1 / Chapter 44.5 / Section 27-1-44.5-9
Duties of executive director
Status: in_force

Sec. 9. (a) The executive director shall do the following:

(1) Report to the governor and, in an electronic format under IC 5-14-6, to the general assembly not later than September 1 of each year on the following:

(A) The status of the operations of the data base.

(B) The financial stability of the data base.

(C) The status of efforts to obtain funding for the data base.

(2) Seek to establish agreements or requests with the federal Centers for Medicare and Medicaid Services to obtain their health claims data.

(3) Maximize private and federal funding opportunities, including private and federal grants, and the use of fees for the costs of implementing and operating the data base.

(4) Establish a fee formula for data licensing and claims data collection and release.

(5) Ensure privacy and security of the data collected.

(6) Provide leadership and coordination of public and private health care quality and performance measurements to ensure efficiency, cost effectiveness, transparency, and informed choice by consumers and public and private purchasers.

(7) Seek to establish agreements for voluntary reporting of health care claims data from health payers that are not subject to mandatory reporting requirements in order to ensure availability of the most comprehensive and systemwide data on health care costs and quality.

(8) Determine the data to be collected from health payers and the method of collection, including mandatory and voluntary reporting of health care and health quality data.

(9) Determine the measures necessary to implement the reporting requirements in a manner that is cost effective and reasonable for data sources and timely, relevant, and reliable for consumers, public and private purchasers, providers, and policymakers.

(10) Determine the reports and data to be made available to the public, with recommendations from the advisory board, in order to accomplish the purposes of this chapter, including conducting studies and reporting the results of the studies.

(b) The executive director may contract with third parties to collect and process the health care data collected under this chapter.

As added by P.L.195-2021, SEC.9.
Ind. Code § 27-1-20-14 — Indiana Code / Title 27 / Article 1 / Chapter 20 / Section 27-1-20-14
Pension plan for officers and employees
Status: in_force

Sec. 14. Any insurance company organized under the laws of this state, in addition to the rights and powers conferred upon it by the law under which it was organized and/or under which it operates, shall have the power to establish a pension plan or system for the benefit of its officers and employees. Before such a plan or system is adopted by a company, it shall be submitted to and approved by the commissioner of insurance.

Formerly: Acts 1935, c.162, s.262a.