Ind. Code § 27-13-23-3 — Indiana Code / Title 27 / Article 13 / Chapter 23 / Section 27-13-23-3
Availability of books and records
Status: in_force

Sec. 3. Each health maintenance organization that is subject to an examination under this chapter shall make its books and records, and the books and records in its custody or control, available for examination and otherwise facilitate the completion of the examination.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-13-35-1 — Indiana Code / Title 27 / Article 13 / Chapter 35 / Section 27-13-35-1
Adoption of rules to carry out article
Status: in_force

Sec. 1. The commissioner may adopt reasonable rules under IC 4-22-2 that are necessary or proper to carry out this article.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-1-22-15 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-15
Examination of licensed rating organization; report of examination in another state; cost of examination
Status: in_force

Sec. 15. (a) The commissioner shall, at least once every three (3) years, make or cause to be made an examination of each licensed rating organization, and may, as often as he may deem it expedient, make or cause to be made an examination of each advisory organization and of each group, association, or other organization of insurers which engages in joint underwriting or joint reinsurance pursuant to section 13 of this chapter to ascertain whether such rating or advisory organization or group, association or other organization complies with the applicable provisions of this chapter. In lieu of any such examination the commissioner may accept the report of an examination made by the insurance supervisory official of another state.

(b) The officers, managers, agents, and employees of any such organization, group or association may be examined at any time under oath and shall exhibit all books, records, accounts, documents, or agreements governing its method of operation, together with all data, statistics and information of every kind and character collected or considered by such organization, group or association in the conduct of the operations to which such examination relates.

(c) The reasonable cost of any examination authorized by this chapter shall be paid by the organization, group, or association examined, upon presentation to it of a detailed account of such cost.

(d) No report of examination shall be made public until the organization examined has an opportunity to review the proposed report and to have a hearing with reference thereto, after which hearing the report shall be filed for public inspection and become admissible in evidence as a public record.

Formerly: Acts 1967, c.133, s.15. As amended by P.L.252-1985, SEC.118.
Ind. Code § 27-1-6-12 — Indiana Code / Title 27 / Article 1 / Chapter 6 / Section 27-1-6-12
Commencement of corporate existence; powers
Status: in_force

Sec. 12. Upon the issuance of the permit for completion of organization by the department, the corporate existence shall begin, and thereupon such incorporators and their associates shall become a body corporate with power to sue and be sued, contract and be contracted with, adopt a seal, and do such other acts, subject to the provisions and to the restrictions of this article, as shall be needful to accomplish the purpose of completing its organization, provided, that such company shall not issue policies or enter into contracts of insurance until it shall have received the certificate of the department authorizing it so to do.

Formerly: Acts 1935, c.162, s.72. As amended by P.L.252-1985, SEC.22.
Ind. Code § 27-8-13-12 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-12
Reasonable benefits; loss ratio standards
Status: in_force

Sec. 12. (a) Medicare supplement policies must return to policyholders benefits that are reasonable in relation to the premium charged.

(b) The commissioner shall adopt rules under IC 4-22-2 to establish minimum standards for loss ratios of Medicare supplement policies on the basis of incurred claims experience, or incurred health care expenses if coverage is provided by a health maintenance organization on a service rather than reimbursement basis, and earned premiums in accordance with accepted actuarial principles and practices.

As added by P.L.255-1989, SEC.9. Amended by P.L.126-1992, SEC.10.
Ind. Code § 27-1-35-1 — Indiana Code / Title 27 / Article 1 / Chapter 35 / Section 27-1-35-1
Applicability of law
Status: in_force

Sec. 1. This chapter applies to licensed insurers either domiciled in Indiana or domiciled in a state that is not an accredited state having in effect a substantially similar law. All provisions of the Insurance Holding Company System Regulation Act, to the extent the provisions are not superseded by this chapter, continue to apply to all parties within holding company systems subject to this chapter.

As added by P.L.130-1994, SEC.36 and P.L.116-1994, SEC.47.
Ind. Code § 27-4-1.5-11 — Indiana Code / Title 27 / Article 4 / Chapter 1.5 / Section 27-4-1.5-11
Direction by insurer to use different body parts from those directed by insured; unfair claims settlement practice
Status: in_force

Sec. 11. An insurer that:

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

(2) directs a body shop to repair the motor vehicle using a type of body part different from the type of body part that the insured approved for use in the repair of the motor vehicle;

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

As added by P.L.194-1991, SEC.2.
Ind. Code § 27-9-4-3 — Indiana Code / Title 27 / Article 9 / Chapter 4 / Section 27-9-4-3
Insurers domiciled in reciprocal states; title to property in Indiana; filing of claims by Indiana residents
Status: in_force

Sec. 3. (a) The domiciliary liquidator of an insurer domiciled in a reciprocal state shall, except as to special deposits and security on secured claims under section 4(c) of this chapter, be vested by operation of law with the title to all of the assets, property, contracts, and rights of action, insurance producers' balances, and all of the books, accounts, and other records of the insurer located in Indiana. The date of vesting shall be the date of the filing of the petition, if that date is specified by the domiciliary law for the vesting of property in the domiciliary state. Otherwise, the date of vesting shall be the date of entry of the order directing possession to be taken. The domiciliary liquidator shall have the immediate right to recover balances due from insurance producers and to obtain possession of the books, accounts, and other records of the insurer located in Indiana. The domiciliary liquidator also shall have the right to recover all other assets of the insurer located in Indiana, subject to section 4 of this chapter.

(b) If a domiciliary liquidator is appointed for an insurer not domiciled in a reciprocal state, the commissioner shall be vested by operation of law with the title to all of the property, contracts and rights of action, and all of the books, accounts, and other records of the insurer located in Indiana, at the same time that the domiciliary liquidator is vested with title in the domicile. The Indiana insurance commissioner may petition for a conservation or liquidation order under section 1 or 2 of this chapter, or for an ancillary receivership under section 4 of this chapter, or after approval by the Marion County circuit court may transfer title to the domiciliary liquidator, as the interests of justice and the equitable distribution of the assets require.

(c) Claimants residing in Indiana may file claims with the liquidator or ancillary receiver, if any, in Indiana or with the domiciliary liquidator, if the domiciliary law permits. The claims must be filed on or before the last date fixed for the filing of claims in the domiciliary liquidation proceedings.

As added by Acts 1979, P.L.255, SEC.1. Amended by P.L.178-2003, SEC.79.
Ind. Code § 27-1-42-1 — Indiana Code / Title 27 / Article 1 / Chapter 42 / Section 27-1-42-1
Application of chapter
Status: in_force

Sec. 1. This chapter applies to a certificate of insurance that is issued in connection with a contract related to property, operations, or risks located in Indiana, regardless of the location of the policyholder, insurer, insurance producer, or person that requests or requires the issuance of the certificate of insurance.

As added by P.L.70-2013, SEC.1.
Ind. Code § 27-7-3-3.5 — Indiana Code / Title 27 / Article 7 / Chapter 3 / Section 27-7-3-3.5
Requirements applicable to issuers of title insurance
Status: in_force

Sec. 3.5. (a) A domestic corporation admitted to do business as described in section 3 of this chapter is subject to the following:

(1) IC 27-1-6-21.

(2) IC 27-1-7-11.

(3) IC 27-9.

(b) A foreign corporation admitted to do business as described in section 3 of this chapter is subject to IC 27-1-17-9.

As added by P.L.11-2011, SEC.29.
Ind. Code § 27-17-8-1 — Indiana Code / Title 27 / Article 17 / Chapter 8 / Section 27-17-8-1
Cancellation of agreement; time; refund
Status: in_force

Sec. 1. (a) A written agreement entered into under IC 27-17-5-2 may be canceled for any reason by the cardholder within:

(1) thirty (30) days after the date the cardholder's identification card is delivered; or

(2) a period that exceeds the period specified in subdivision (1), as provided in the written agreement.

(b) A cardholder that cancels a written agreement under subsection (a) shall receive a full refund of all fees paid by the cardholder, less nominal fees associated with the enrollment cost of the identification card.

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-7-10-30 — Indiana Code / Title 27 / Article 7 / Chapter 10 / Section 27-7-10-30
Solicitation, negotiation, or procurement of liability insurance; license requirements
Status: in_force

Sec. 30. No individual, firm, association, limited liability company, or corporation may act or aid in any manner in soliciting, negotiating, or procuring liability insurance in Indiana from a risk retention group unless the individual, firm, association, or corporation is licensed as an insurance producer under IC 27-1-15.6.

As added by P.L.162-1988, SEC.2. Amended by P.L.8-1993, SEC.428; P.L.132-2001, SEC.11; P.L.178-2003, SEC.52.
Ind. Code § 27-1-48.5-1 — Indiana Code / Title 27 / Article 1 / Chapter 48.5 / Section 27-1-48.5-1
Applicability
Status: in_force

Sec. 1. This chapter applies to a health plan entered into or renewed after June 30, 2025.

As added by P.L.237-2025, SEC.9.
Ind. Code § 27-4-1.5-6 — Indiana Code / Title 27 / Article 4 / Chapter 1.5 / Section 27-4-1.5-6
"New body part" defined
Status: in_force

Sec. 6. As used in this chapter, "new body part" means a body part that has not previously been attached to a motor vehicle.

As added by P.L.194-1991, SEC.2.
Ind. Code § 27-8-12-10 — Indiana Code / Title 27 / Article 8 / Chapter 12 / Section 27-8-12-10
"Preexisting condition" defined; exclusion of coverage; limitations
Status: in_force

Sec. 10. (a) As used in this section, "preexisting condition" means the existence of:

(1) either:

(A) symptoms that would cause an ordinarily prudent person to seek diagnosis, care, or treatment; or

(B) a condition for which medical advice or treatment was recommended by, or received from, a provider of health care services; within

(2) a period not to exceed either:

(A) twelve (12) months preceding the effective date of coverage of an insured person who is sixty-five (65) years of age or older on the effective date of coverage; or

(B) twenty-four (24) months preceding the effective date of coverage of an insured person who is less than sixty-five (65) years of age on the effective date of coverage.

(b) A long term care insurance policy may exclude coverage for a loss or confinement that is the result of a preexisting condition only if that loss or confinement begins within:

(1) twelve (12) months following the effective date of coverage of an insured person who is sixty-five (65) years of age or older on the effective date of coverage; or

(2) twenty-four (24) months following the effective date of coverage of an insured person who is under sixty-five (65) years of age on the effective date of coverage.

(c) The insurance commissioner may extend the limitation periods set forth in subsections (a)(2)(A), (a)(2)(B), and (b), concerning specific age group categories in specific policies upon a finding that the extension is in the best interest of the public.

As added by P.L.275-1987, SEC.1.
Ind. Code § 27-11-1-4 — Indiana Code / Title 27 / Article 11 / Chapter 1 / Section 27-11-1-4
"Benefit member" defined
Status: in_force

Sec. 4. "Benefit member" means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-17-9-2 — Indiana Code / Title 27 / Article 17 / Chapter 9 / Section 27-17-9-2
Surety bond requirements
Status: in_force

Sec. 2. Except as provided in section 3 of this chapter, a discount medical card program organization shall maintain in force a surety bond issued:

(1) by an insurer granted a certificate of authority under this title;

(2) in the discount medical card organization's name; and

(3) in an amount equal to at least thirty-five thousand dollars ($35,000);

for the commissioner's use in protecting the financial interest of a cardholder who may be adversely affected by the insolvency of the discount medical card program organization.

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-1-12.8-34 — Indiana Code / Title 27 / Article 1 / Chapter 12.8 / Section 27-1-12.8-34
Minimum standard of valuation for contracts issued on or after operative date of Valuation Manual; operative date determination; changes to Valuation Manual; requirements
Status: in_force

Sec. 34. (a) Except as provided in subsections (e) and (g), for contracts issued on or after the operative date of the Valuation Manual, the standard prescribed in the Valuation Manual is the minimum standard of valuation required under section 20 of this chapter.

(b) The operative date of the Valuation Manual is January 1 of the first calendar year following the first July 1 as of which all of the following have occurred:

(1) The Valuation Manual has been adopted by the NAIC by an affirmative vote of at least forty-two (42) members, or three-fourths (3/4) of the members voting, whichever is greater.

(2) Legislation containing substantially similar terms and provisions as the terms and provisions contained in this chapter has been enacted by states representing greater than seventy-five percent (75%) of the direct premiums written as reported in the following annual statements submitted for 2008:

(A) Life, accident, and health annual statements.

(B) Health annual statements.

(C) Fraternal annual statements.

(3) Legislation containing substantially similar terms and provisions as the terms and provisions contained in this chapter has been enacted by at least forty-two (42) of the following fifty-five (55) jurisdictions:

(A) The fifty (50) states of the United States.

(B) American Samoa.

(C) The American Virgin Islands.

(D) The District of Columbia.

(E) Guam.

(F) Puerto Rico.

(c) Unless a change in the Valuation Manual specifies a later effective date, changes to the Valuation Manual are effective on the January 1 following the date when the change to the Valuation Manual has been adopted by the NAIC by an affirmative vote representing:

(1) at least three-fourths (3/4) of the members of the NAIC voting, but not less than a majority of the total membership; and

(2) members of the NAIC representing jurisdictions totaling greater than seventy-five percent (75%) of the direct premiums written, as reported in the following annual statements most recently available before the vote:

(A) Life, accident, and health annual statements.

(B) Health annual statements.

(C) Fraternal annual statements.

(d) The Valuation Manual must specify all of the following:

(1) Minimum valuation standards for contracts that are subject to section 20 of this chapter are the following:

(A) The commissioners reserve valuation method for life insurance contracts, other than annuity contracts.

(B) The commissioners annuity reserve valuation method for annuity contracts.

(C) Minimum reserves for all other contracts.

(2) The contracts or types of contracts that are subject to the requirements of a principle based valuation under section 35 of this chapter and the minimum valuation standards consistent with the requirements.

(3) For contracts that are subject to a principle based valuation under section 35 of this chapter, the following:

(A) Requirements for:

(i) the format of the reports to the commissioner under section 35(c)(3) of this chapter; and

(ii) which certifications described in item (i) must include information necessary to determine whether the valuation is appropriate and in compliance with sections 19 through 40 of this chapter.

(B) Assumptions prescribed for risks over which the company does not have significant control or influence.

(C) Procedures for corporate governance and oversight of the actuarial function and a process for appropriate waiver or modification of the procedures.

(4) For contracts that are not subject to a principle-based valuation under section 35 of this chapter, the minimum valuation standard must:

(A) be consistent with the minimum standard of valuation before the operative date of the Valuation Manual; or

(B) develop reserves that quantify:

(i) the benefits, guarantees, and funding associated with the contracts; and

(ii) the contracts' risks at a level of conservatism that reflects conditions that include unfavorable events that have a reasonable probability of occurring.

(5) Other requirements, including requirements relating to:

(A) Reserve methods.

(B) Models for measuring risk.

(C) Generation of economic scenarios.

(D) Assumptions.

(E) Margins.

(F) Use of company experience.

(G) Risk measurement.

(H) Disclosure.

(I) Certifications.

(J) Reports.

(K) Actuarial opinions and memorandums.

(L) Transition rules.

(M) Internal controls.

(6) The data and form of the data required under section 36 of this chapter, including:

(A) the person to whom the data must be submitted;

(B) data analyses; and

(C) reporting of analyses.

(e) If:

(1) there is no specific valuation requirement; or

(2) a specific valuation requirement in the Valuation Manual is not, in the opinion of the commissioner, in compliance with sections 19 through 40 of this chapter;

a company shall, with respect to the specific valuation requirements, comply with minimum valuation standards prescribed by the commissioner in rules adopted under IC 4-22-2.

(f) The commissioner may employ or contract with a qualified actuary, at the expense of a company, to:

(1) perform an actuarial examination of the company and provide an opinion concerning the appropriateness of any reserve assumption or method used by the company; or

(2) review and provide an opinion concerning the company's compliance with a requirement of this chapter. The commissioner may rely upon an opinion of a qualified actuary engaged by the commissioner of another state, district, or territory of the United States concerning sections 19 through 40 of this chapter.

(g) The commissioner may:

(1) require a company to change an assumption or method that in the opinion of the commissioner is necessary to comply with the requirements of the Valuation Manual or sections 19 through 40 of this chapter; and

(2) take other disciplinary action allowed by law.

A company described in subdivision (1) shall adjust reserves as required by the commissioner.

As added by P.L.276-2013, SEC.10. Amended by P.L.124-2018, SEC.27.
Ind. Code § 27-15-9-2 — Indiana Code / Title 27 / Article 15 / Chapter 9 / Section 27-15-9-2
Applicable actuarial principles
Status: in_force

Sec. 2. Any method used or formula developed for the fair and equitable allocation of stock among eligible members under this article must utilize generally accepted actuarial principles.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-7-3.6-5 — Indiana Code / Title 27 / Article 7 / Chapter 3.6 / Section 27-7-3.6-5
Augmentation authorized
Status: in_force

Sec. 5. The budget agency may augment the appropriation for the department of insurance from balances in the fund.

As added by P.L.171-2006, SEC.5.
Ind. Code § 27-7-18-3 — Indiana Code / Title 27 / Article 7 / Chapter 18 / Section 27-7-18-3
"Dental carrier"
Status: in_force

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

(1) An insurer that issues a policy of accident and sickness insurance that covers dental services.

(2) A health maintenance organization that provides, or provides coverage for, dental services.

(3) An entity that:

(A) provides dental services; or

(B) arranges for dental services to be provided;

but is not itself a provider.

As added by P.L.17-2024, SEC.19.
Ind. Code § 27-1-37.6-5 — Indiana Code / Title 27 / Article 1 / Chapter 37.6 / Section 27-1-37.6-5
"Electronic medical records access agreement"
Status: in_force

Sec. 5. As used in this chapter, "electronic medical records access agreement" means an agreement between a health plan and health care provider that:

(1) authorizes the health plan to access the provider's electronic medical records; or

(2) allows the transfer of automated medical records information between a health care provider and health plan.

As added by P.L.203-2023, SEC.19.
Ind. Code § 27-7-2-26 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-26
Repealed
Status: repealed

Formerly: Acts 1935, c.323, s.26. As amended by P.L.252-1985, SEC.236; P.L.28-1988, SEC.99; P.L.170-1991, SEC.28. Repealed by P.L.117-2021, SEC.6.
Ind. Code § 27-14.5-1-16 — Indiana Code / Title 27 / Article 14.5 / Chapter 1 / Section 27-14.5-1-16
"Immediate family"
Status: in_force

Sec. 16. "Immediate family" means any child, stepchild, grandchild, parent, stepparent, grandparent, sibling, mother-in-law, father-in-law, daughter-in-law, son-in-law, brother-in-law, or sister-in-law. The term includes adoptive relationships.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-8-31-1 — Indiana Code / Title 27 / Article 8 / Chapter 31 / Section 27-8-31-1
Purpose
Status: in_force

Sec. 1. The purposes of this compact are, through means of joint and cooperative action among the compacting states, to:

(1) promote and protect the interest of consumers of individual and group annuity, life insurance, disability income, and long term care insurance products;

(2) develop uniform standards for insurance products covered under the compact;

(3) establish a central clearinghouse to receive and provide prompt review of insurance products covered under the compact and, in certain cases, advertisements related thereto, submitted by insurers authorized to do business in one (1) or more compacting states;

(4) give appropriate regulatory approval to product filings and advertisements satisfying the applicable uniform standard;

(5) improve coordination of regulatory resources and expertise between state insurance departments regarding the setting of uniform standards and review of insurance products covered under the compact;

(6) create the interstate insurance product regulation commission; and

(7) perform these and any other related functions as may be consistent with the state regulation of the business of insurance.

As added by P.L.138-2005, SEC.3.
Ind. Code § 27-4-6-2 — Indiana Code / Title 27 / Article 4 / Chapter 6 / Section 27-4-6-2
Definitions
Status: in_force

Sec. 2. When used in this chapter:

"Commissioner" shall mean the commissioner of insurance of this state.

"Residents" shall mean and include person, partnership, limited liability company, or corporation, domestic, alien, or foreign.

Formerly: Acts 1963, c.163, s.2. As amended by P.L.252-1985, SEC.171; P.L.8-1993, SEC.419.
Ind. Code § 27-8-10-7 — Indiana Code / Title 27 / Article 8 / Chapter 10 / Section 27-8-10-7
Rules; adoption
Status: in_force

Sec. 7. The commissioner may adopt rules, under IC 4-22-2, that:

(1) provide for disclosure by carriers of the availability of insurance coverage from the association; and

(2) implement this chapter.

As added by Acts 1981, P.L.249, SEC.1.
Ind. Code § 27-11-4-6 — Indiana Code / Title 27 / Article 11 / Chapter 4 / Section 27-11-4-6
Certificate of authority
Status: in_force

Sec. 6. The commissioner may make an examination and require any further information as the commissioner considers advisable. Upon presentation of satisfactory evidence that the society has complied with all the provisions of law, the commissioner shall issue to the society a certificate of authority authorizing the society to transact business under this article. The certificate of authority is prima facie evidence of the existence of the society at the date of the certificate. The commissioner shall cause a record of the certificate of authority to be made. A certified copy of the record may be given in evidence with like effect as the original certificate of authority.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-1-45-6 — Indiana Code / Title 27 / Article 1 / Chapter 45 / Section 27-1-45-6
"Provider"
Status: in_force

Sec. 6. As used in this chapter, "provider" means:

(1) a facility; or

(2) a practitioner.

As added by P.L.93-2020, SEC.11.
Ind. Code § 27-15-13-2 — Indiana Code / Title 27 / Article 15 / Chapter 13 / Section 27-15-13-2
Acquisition of beneficial ownership; factors for approval procedure
Status: in_force

Sec. 2. (a) The commissioner may not approve an acquisition under section 1(a) of this chapter unless the commissioner finds that:

(1) the requirements of IC 27-1-23-2(e) will be satisfied;

(2) the acquisition will not frustrate the plan of conversion or the amendment to the articles of incorporation as approved by the members and the commissioner;

(3) the boards of directors of the former mutual and any parent company have approved the acquisition; and

(4) the acquisition would be in the best interest of the present and future policyholders of the former mutual without regard to any interest of policyholders as shareholders of the former mutual or any parent company.

(b) The commissioner shall adopt rules under IC 4-22-2 to establish a procedure under which an institutional investor that is not affiliated with the former mutual or a parent company may be considered to have been approved by the commissioner under this section to acquire beneficial ownership of at least five percent (5%) or less than ten percent (10%) of the outstanding shares of any class of a voting security of the former mutual or any parent company upon the filing with the commissioner of:

(1) a certificate executed by appropriate officers of the former mutual and any parent company certifying that:

(A) the acquisition has been approved by the boards of directors of the former mutual and any parent company; and

(B) the institutional investor is not an affiliate of the former mutual or any parent company; and

(2) a certificate executed by appropriate officers of the institutional investor:

(A) certifying that the institutional investor will acquire the shares in the ordinary course of its business and not with the purpose nor with the effect of changing or influencing the control, management, or policies of the former mutual or the parent company;

(B) certifying that the institutional investor is not an affiliate of the former mutual or any parent company; and

(C) undertaking to notify the commissioner and the former mutual and any parent company in writing not less than twenty (20) business days before any change in the matters certified.

The commissioner may require the filing of any other information the commissioner considers necessary and may provide in the rules for remedies or consequences upon receipt of a notice under subdivision (2)(C), including divestiture and denial of voting rights.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-6-10.1-3 — Indiana Code / Title 27 / Article 6 / Chapter 10.1 / Section 27-6-10.1-3
Reinsurance ceded to an assuming insurer not meeting statutory requirements
Status: in_force

Sec. 3. Asset or Reduction from Liability for Reinsurance Ceded by a Domestic Insurer to an Assuming Insurer not Meeting the Requirements of Section 2 of this chapter. An asset or a reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of Section 2 of this chapter shall be allowed in an amount not exceeding the liabilities carried by the ceding insurer; provided further, that the insurance commissioner may adopt by regulation pursuant to Section 5B of this chapter specific additional requirements relating to or setting forth: (1) the valuation of assets or reserve credits; (2) the amount and forms of security supporting reinsurance arrangements described in Section 5B of this chapter; and/or (3) the circumstances pursuant to which credit will be reduced or eliminated. The reduction shall be in the amount of funds held by or on behalf of the ceding insurer, including funds held in trust for the ceding insurer, under a reinsurance contract with the assuming insurer as security for the payment of obligations thereunder, if the security is held in the United States subject to withdrawal solely by, and under the exclusive control of, the ceding insurer; or, in the case of a trust, held in a qualified U.S. financial institution, as defined in Section 4B of this chapter. This security may be in the form of:

A. cash;

B. securities listed by the Securities Valuation Office of the NAIC, including those deemed exempt from filing as defined by the Purposes and Procedures Manual of the Securities Valuation Office, and qualifying as admitted assets;

C. (1) clean, irrevocable, unconditional letters of credit, issued or confirmed by a qualified U.S. financial institution, as defined in Section 4A of this chapter, effective no later than December 31 of the year for which the filing is being made, and in the possession of, or in trust for, the ceding insurer on or before the filing date of its annual statement;

(2) letters of credit meeting applicable standards of issuer acceptability as of the dates of their issuance (or confirmation) shall, notwithstanding the issuing (or confirming) institution's subsequent failure to meet applicable standards of issuer acceptability, continue to be acceptable as security until their expiration, extension, renewal, modification, or amendment, whichever first occurs; or

D. any other form of security acceptable to the insurance commissioner.

As added by P.L.130-2020, SEC.12.
Ind. Code § 27-15-4-9 — Indiana Code / Title 27 / Article 15 / Chapter 4 / Section 27-15-4-9
Waiver of findings for application approval
Status: in_force

Sec. 9. The commissioner may waive the requirement of section 8(3) of this chapter upon a showing of good cause.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-1-22-2.5 — Indiana Code / Title 27 / Article 1 / Chapter 22 / Section 27-1-22-2.5
"Commercial policyholder" defined
Status: in_force

Sec. 2.5. As used in this chapter, "commercial policyholder" means a business, nonprofit, or governmental entity that purchases a policy of commercial insurance through an insurance producer licensed under IC 27-1-15.6 or IC 27-1-15.8.

As added by P.L.268-1999, SEC.11. Amended by P.L.132-2001, SEC.6; P.L.178-2003, SEC.21; P.L.193-2006, SEC.7.
Ind. Code § 27-13-7-2 — Indiana Code / Title 27 / Article 13 / Chapter 7 / Section 27-13-7-2
Deceptive contract provisions prohibited
Status: in_force

Sec. 2. A contract or an evidence of coverage referred to in section 1 or section 5 of this chapter may not contain provisions or statements that are unjust, unfair, inequitable, misleading, or deceptive or 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.16.
Ind. Code § 27-2-21-9 — Indiana Code / Title 27 / Article 2 / Chapter 21 / Section 27-2-21-9
"Department"
Status: in_force

Sec. 9. As used in this chapter, "department" refers to the department of insurance created by IC 27-1-1-1.

As added by P.L.201-2003, SEC.1.
Ind. Code § 27-1-50.3-10 — Indiana Code / Title 27 / Article 1 / Chapter 50.3 / Section 27-1-50.3-10
Records and documents; audit
Status: in_force

Sec. 10. (a) A managed care organization that is liable for an assessment under this chapter shall keep accurate and complete records and pertinent documents that are relevant to the organization's assessment under this chapter, as may be required by the department or the office.

(b) The department or the office may audit all records necessary to ensure compliance with this chapter and make adjustments to assessment amounts previously calculated based on the results of the audit.

As added by P.L.216-2025, SEC.47.
Ind. Code § 27-8-15-10.5 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-10.5
"Late enrollee"
Status: in_force

Sec. 10.5. (a) As used in this chapter, "late enrollee" means an eligible employee or a dependent of an eligible employee who did not request enrollment in a health insurance plan of a small employer during the initial enrollment period during which the individual was entitled to enroll under the health insurance plan.

(b) The term "late enrollee" does not include an eligible employee or the dependent of an eligible employee:

(1) who was covered under a health insurance plan or had health insurance coverage at the time coverage was previously offered to the employee or to the dependent of the employee;

(2) who stated in writing at the time coverage was offered that coverage under another health insurance plan was the reason for declining the enrollment, but only if the insurer required such a statement at the time and provided the employee with notice of the requirement (and the consequences of the requirement) at the time;

(3) whose coverage under this subsection:

(A) was under a COBRA continuation provision and the coverage under the provision was exhausted; or

(B) was not under a COBRA continuation provision and either the coverage was terminated as a result of loss of eligibility for the coverage (including as a result of legal separation, divorce, death, termination of employment, or reduction in the number of hours of employment) or employer contributions toward the coverage were terminated; and

(4) who requests enrollment under the terms of the plan not later than thirty (30) days after the date of exhaustion of coverage as described in subdivision (3)(A) or the termination of coverage or employer contributions as described in subdivision (3)(B).

(c) The term "late enrollee" does not include an eligible employee who is employed by a small employer that offers multiple health insurance plans and who elects a different plan during an open enrollment period.

(d) The term "late enrollee" does not include an eligible employee or the eligible employee's spouse or minor or dependent child where:

(1) a court has ordered that health insurance coverage be provided for the spouse or minor or dependent child of an eligible employee under the eligible employee's insurance plan; and

(2) the request for enrollment is made not more than thirty (30) days after the issuance of the court order.

As added by P.L.93-1995, SEC.12. Amended by P.L.190-1996, SEC.3; P.L.91-1998, SEC.15.
Ind. Code § 27-6-10.1-5 — Indiana Code / Title 27 / Article 6 / Chapter 10.1 / Section 27-6-10.1-5
Rules and regulations
Status: in_force

Sec. 5. Rules and Regulations.

A. The insurance commissioner may adopt rules and regulations under IC 4-22-2 implementing the provisions of this chapter.

B. The insurance commissioner is further authorized to adopt rules and regulations under IC 4-22-2 applicable to reinsurance arrangements described in Paragraph (1) of this subsection.

(1) A regulation adopted pursuant to this subsection may apply only to reinsurance relating to:

(a) life insurance policies with guaranteed nonlevel gross premiums or guaranteed nonlevel benefits;

(b) universal life insurance policies with provisions resulting in the ability of a policyholder to keep a policy in force over a secondary guarantee period;

(c) variable annuities with guaranteed death or living benefits;

(d) long term care insurance policies; or

(e) such other life and health insurance and annuity products as to which the NAIC adopts model regulatory requirements with respect to credit for reinsurance.

(2) A regulation adopted pursuant to Paragraph 1(a) or 1(b) of this subsection may apply to any treaty containing: (i) policies issued on or after January 1, 2015; and/or (ii) policies issued prior to January 1, 2015, if risk pertaining to such pre-2015 policies is ceded in connection with the treaty, in whole or in part, on or after January 1, 2015.

(3) A regulation adopted pursuant to this subsection may require the ceding insurer, in calculating the amounts or forms of security required to be held under regulations promulgated under this authority, to use the Valuation Manual adopted by the NAIC under Section 11B(1) of the NAIC Standard Valuation Law, including all amendments adopted by the NAIC and in effect on the date as of which the calculation is made, to the extent applicable.

(4) A regulation adopted pursuant to this subsection shall not apply to cessions to an assuming insurer that:

(a) meets the conditions set forth in Section 2F of this chapter in Indiana;

(b) is certified in Indiana; or

(c) maintains at least two hundred fifty million dollars ($250,000,000) in capital and surplus when determined in accordance with the NAIC Accounting Practices and Procedures Manual, including all amendments thereto adopted by the NAIC, excluding the impact of any permitted or prescribed practices; and is:

(i) licensed in at least twenty-six (26) states; or

(ii) licensed in at least ten (10) states, and licensed or accredited in a total of at least thirty-five (35) states.

(5) The authority to adopt regulations pursuant to this subsection does not limit the insurance commissioner's general authority to adopt regulations pursuant to Subsection A.

As added by P.L.130-2020, SEC.12.
Ind. Code § 27-1-50.3-2 — Indiana Code / Title 27 / Article 1 / Chapter 50.3 / Section 27-1-50.3-2
Authorization of fee; required approval; cessation of fee
Status: in_force

Sec. 2. (a) Subject to subsections (b) and (c) and this chapter, a fee is authorized.

(b) The fee may not be assessed without approval from the United States Department of Health and Human Services.

(c) The assessment of the fee shall cease upon the United States Department of Health and Human Services' determination that the fee is no longer a permissible health care related tax that is eligible for federal financial participation.

As added by P.L.216-2025, SEC.47.
Ind. Code § 27-11-6-6 — Indiana Code / Title 27 / Article 11 / Chapter 6 / Section 27-11-6-6
Issuance of benefit contract upon life of a minor
Status: in_force

Sec. 6. Any person upon whose life a benefit contract is issued before attaining the age of majority shall be bound by the terms of the application and certificate and by all the laws and rules of the society to the same extent as though the age of majority had been attained at the time of application.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-1-29.1-2 — Indiana Code / Title 27 / Article 1 / Chapter 29.1 / Section 27-1-29.1-2
"Fund" defined
Status: in_force

Sec. 2. As used in this chapter "fund" refers to the political subdivision catastrophic liability fund established by this chapter.

As added by P.L.272-1987, SEC.7.
Ind. Code § 27-13-1-32 — Indiana Code / Title 27 / Article 13 / Chapter 1 / Section 27-13-1-32
"Subscriber"
Status: in_force

Sec. 32. "Subscriber" means:

(1) an individual whose employment status or other status, except family dependency, is the basis for eligibility for enrollment in the health maintenance organization; or

(2) in the case of an individual contract, the person in whose name the contract is issued.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-8-6-0.1 — Indiana Code / Title 27 / Article 8 / Chapter 6 / Section 27-8-6-0.1
Application of certain amendments to chapter
Status: in_force

Sec. 0.1. The addition of section 4 of this chapter by P.L.153-1990 applies to a group or an individual policy or agreement providing comprehensive accident and health benefits that is issued, entered into, or renewed after June 30, 1990.

As added by P.L.220-2011, SEC.437.
Ind. Code § 27-7-3-13 — Indiana Code / Title 27 / Article 7 / Chapter 3 / Section 27-7-3-13
Examination of company; appointment of examiners; report of examination
Status: in_force

Sec. 13. (a) The department may examine into the affairs of any such company doing business in this state under the provisions of this chapter. For such purpose it may appoint as examiners competent persons, and upon such examination the commissioner, his deputy, or any examiner authorized by him may examine under oath the officers and agents of such company and all persons deemed to have material information regarding the company's property or business. Every such company, its officers, and agents shall produce at the office of the company where the same are kept, its books and all papers in its or their possession relating to its business or affairs, and any other person may be required to produce any book or paper in his custody relevant to the examination for the inspection of the commissioner, his deputy, or examiners whenever required, and the officers and agents of such company shall facilitate such examination and aid the examiners in making the same so far as it is within their power to do so.

(b) Upon the conclusion of such examination a full, true, and detailed report of such company shall be made to the department, by the person or persons making the examination, in such form as the department may prescribe.

Formerly: Acts 1937, c.104, s.13. As amended by P.L.252-1985, SEC.258.
Ind. Code § 27-15-13-3 — Indiana Code / Title 27 / Article 15 / Chapter 13 / Section 27-15-13-3
Voting of securities subject to acquisition
Status: in_force

Sec. 3. A security that is:

(1) the subject of any agreement or arrangement regarding acquisition; or

(2) held, acquired, or is to be acquired;

in contravention of this chapter or of an order of the commissioner, may not be voted at any shareholders' meeting. Any action of shareholders requiring the affirmative vote of a percentage of shares may be taken as though the securities were not issued and outstanding. However, no action taken at a meeting shall be invalidated by the voting of those securities unless the action would materially affect control of the former mutual or a person that owns or controls a majority or all of the voting securities of the former mutual or unless the courts of this state have so ordered.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-1-37.1-6 — Indiana Code / Title 27 / Article 1 / Chapter 37.1 / Section 27-1-37.1-6
Termination of contract without penalty
Status: in_force

Sec. 6. (a) Subject to subsection (b), a provider who receives notice under section 5 of this chapter may terminate the health provider contract without penalty by informing the person with whom the health care provider contracts that the provider chooses not to approve the amendment.

(b) Notice under subsection (a) must be:

(1) given not later than fifteen (15) days after the provider receives notice under section 5 of this chapter; and

(2) in writing.

As added by P.L.196-2001, SEC.1.
Ind. Code § 27-13-1-4 — Indiana Code / Title 27 / Article 13 / Chapter 1 / Section 27-13-1-4
"Basic health care services"
Status: in_force

Sec. 4. (a) "Basic health care services" means the following medically necessary services:

(1) Preventive care.

(2) Inpatient and outpatient hospital and physician care.

(3) Diagnostic laboratory care.

(4) Diagnostic and therapeutic radiological services.

(5) Emergency care.

(b) The term does not include the following:

(1) Mental health services.

(2) Services for alcohol and drug abuse.

(3) Dental services.

(4) Vision services.

(5) Long term rehabilitation treatment.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-11-7-3 — Indiana Code / Title 27 / Article 11 / Chapter 7 / Section 27-11-7-3
Law governing financial matters
Status: in_force

Sec. 3. Except as provided in this article, societies shall be governed by this article and by IC 27-1-2, IC 27-1-3, and IC 27-9, and shall be exempt from all other provisions of this title unless they be expressly designated in this title or unless it is specifically made applicable by this article.

As added by P.L.262-1985, SEC.1. Amended by P.L.136-2018, SEC.203.
Ind. Code § 27-1-15.6-10 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-10
Use of assumed name
Status: in_force

Sec. 10. Before an insurance producer may do business in Indiana under any name other than the producer's legal name, the insurance producer shall notify the commissioner of the proposed use of the assumed name.

As added by P.L.132-2001, SEC.3.
Ind. Code § 27-1-15.6-20 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-20
Crop hail insurance
Status: in_force

Sec. 20. (a) As used in this section, "crop hail insurance" means insurance that is used only in the event of hail related disasters to growing farm crops.

(b) As used in this section, "multi-peril crop insurance" means insurance that is:

(1) used in the event of weather related disasters or insect infestations during the growing season; and

(2) guaranteed by the Federal Crop Insurance Corporation.

(c) To sell multi-peril crop insurance or crop hail insurance, a person must be licensed under this chapter.

(d) If, after a person is licensed under this chapter as an insurance producer, the person wants to limit the person's insurance business solely to the sale of:

(1) multi-peril crop insurance;

(2) crop hail insurance; or

(3) multi-peril crop insurance and crop hail insurance;

the person may request the commissioner to issue to the person a limited lines producer's license under this chapter.

(e) If the commissioner:

(1) receives a request from a person under subsection (d); and

(2) the person shows proof of having completed ten (10) hours of continuing education credit approved by the department;

the commissioner shall issue a limited lines producer's license to the person, subject to the provisions of this chapter relating to limited lines producer's licenses.

(f) A person issued a limited lines producer's license under subsection (e) may sell only:

(1) multi-peril crop insurance;

(2) crop hail insurance; or

(3) multi-peril crop insurance and crop hail insurance.

As added by P.L.132-2001, SEC.3.
Ind. Code § 27-15-5-7 — Indiana Code / Title 27 / Article 15 / Chapter 5 / Section 27-15-5-7
Vote required for approval
Status: in_force

Sec. 7. The proposed plan of conversion and amendment to the converting mutual's articles of incorporation shall be approved by the members upon receiving the affirmative votes of:

(1) at least two-thirds (2/3) of the members voting at the meeting; and

(2) if the plan provides for different classes, categories, or groups of eligible members to receive different forms of consideration, other than as permitted by IC 27-15-8-4(b)(2) or IC 27-15-12, at least two-thirds (2/3) of the members voting at the meeting who would receive each different form of consideration, voting as a class.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-16-8-1 — Indiana Code / Title 27 / Article 16 / Chapter 8 / Section 27-16-8-1
Client and PEO considered employer for purposes of retirement and welfare benefits
Status: in_force

Sec. 1. A client and a PEO are each considered to be an employer for purposes of sponsoring retirement and welfare benefit plans for covered employees.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-1-45-1 — Indiana Code / Title 27 / Article 1 / Chapter 45 / Section 27-1-45-1
"Covered individual"
Status: in_force

Sec. 1. As used in this chapter, "covered individual" means an individual who is entitled to be provided health care services at a cost established according to a network plan.

As added by P.L.93-2020, SEC.11.
Ind. Code § 27-8-1-10 — Indiana Code / Title 27 / Article 8 / Chapter 1 / Section 27-8-1-10
Quo warranto to remove officers or close business
Status: in_force

Sec. 10. Whenever any such corporation or association shall fail to make its annual statement to the insurance commissioner before August 31, or if, in the opinion of the commissioner it is conducting its business fraudulently or not in compliance with this chapter or is not carrying out its contract with the members in good faith, then it shall be the duty of the commissioner to communicate the fact to the attorney general, who may thereupon commence proceeding, by writ of quo warranto against such corporation, association, or society, requiring it to show cause why its officers should not be removed or its business closed, and the court shall thereupon hear the allegations and proofs of the respective parties; and if it shall appear to the satisfaction of such court that the officers of such corporation, association, or society, or any one (1) or more of them, have been guilty of any material irregularity or violation of law to the injury of such corporation, association, or society, the said court shall decree a removal from office of the guilty party or parties and substitute suitable persons to serve until the regular annual election, or until a successor is regularly chosen; or if it shall appear to the court that the interest of the public so requires, the court shall decree a dissolution of such corporation, association, or society and a distribution of its effects.

Formerly: Acts 1883, c.136, s.10. As amended by P.L.252-1985, SEC.272.
Ind. Code § 27-16-5-1 — Indiana Code / Title 27 / Article 16 / Chapter 5 / Section 27-16-5-1
Registration fee
Status: in_force

Sec. 1. Upon filing an initial registration application under IC 27-16-4-2, a PEO shall pay an initial registration fee not to exceed five hundred dollars ($500).

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-2-24-7 — Indiana Code / Title 27 / Article 2 / Chapter 24 / Section 27-2-24-7
"Property or casualty insurance"
Status: in_force

Sec. 7. As used in this chapter, "property or casualty insurance" means a type of insurance described in Class 2 and Class 3 of IC 27-1-5-1. However, the term does not mean insurance described in Class 2(a) of IC 27-1-5-1.

As added by P.L.148-2017, SEC.8.
Ind. Code § 27-1-45.2-1 — Indiana Code / Title 27 / Article 1 / Chapter 45.2 / Section 27-1-45.2-1
Application of chapter
Status: in_force

Sec. 1. This chapter applies to any dispute subject to the federal independent dispute resolution process established under Section 2799A-1 of the Public Health Service Act (42 U.S.C. 300gg-111) and its implementing regulations.

As added by P.L.119-2026, SEC.1.
Ind. Code § 27-7-18-2 — Indiana Code / Title 27 / Article 7 / Chapter 18 / Section 27-7-18-2
"Covered individual"
Status: in_force

Sec. 2. As used in this chapter, "covered individual" means an individual who is entitled to:

(1) dental services; or

(2) coverage of dental services;

through a provider network contract.

As added by P.L.17-2024, SEC.19.
Ind. Code § 27-8-3-5 — Indiana Code / Title 27 / Article 8 / Chapter 3 / Section 27-8-3-5
Reincorporation of domestic assessment plan companies; exceptions
Status: in_force

Sec. 5. Any domestic corporation, association, or society, transacting business of life or accident or life and accident insurance and providing for the payment of total and permanent disability claims to living members, upon the assessment plan, may be reincorporated or reorganized under the provisions of this chapter under its existing corporate name, by filing with the insurance commissioner a declaration of their desire to do so, signed and duly acknowledged by a majority of its board of directors, trustees, or managers, with a statement in like manner signed and acknowledged by them that such corporation, association, or society, having insured the lives or provided for the payment of accident indemnity, has accumulated the fund required by section 7 of this chapter, or having engaged in the business of accident insurance only, has accumulated the fund required by section 11 of this chapter, and that such funds are safely invested and held for the purposes for which the same were accumulated, as provided in the bylaws of such corporation, association or society, whereupon the commissioner, if approved by him, shall file the same, together with his certificate of such approval, with the secretary of state, who shall issue to such corporation, association, or society a certificate of such reincorporation or reorganization, under the seal of the state, and attach thereto copies of all papers so filed with the secretary of state, and the same shall be recorded in the office of the secretary of state, and copies thereof filed in the office of the commissioner, and such corporation, association, or society shall thereupon be deemed to be reincorporated and reorganized under the provisions of this chapter. It shall not be obligatory upon any such existing corporation, association or society to incorporate or reincorporate under this chapter, and any such domestic corporation, association, or society may continue to exercise all the rights, powers, and privileges not inconsistent with this chapter, pursuant to its articles of incorporation or association, the same as if incorporated or reincorporated under this chapter.

Formerly: Acts 1897, c.195, s.5. As amended by P.L.252-1985, SEC.279.
Ind. Code § 27-1-3.5-10 — Indiana Code / Title 27 / Article 1 / Chapter 3.5 / Section 27-1-3.5-10
Consolidated returns
Status: in_force

Sec. 10. A domestic insurer may apply in writing to the commissioner for approval to satisfy the requirements of this chapter by filing audited consolidated or combined financial statements instead of separate annual audited financial statements if the insurer is part of a group of insurance companies that utilizes a pooling or one hundred percent (100%) reinsurance agreement that affects the solvency and integrity of the insurer's reserves and the insurer cedes all of the insurer's direct and assumed business to the pool. If a domestic insurer whose application is approved elects to file a consolidated return, the insurer shall file, with its financial statements, a columnar consolidating or combining schedule, which must meet the following requirements:

(1) Amounts shown on the consolidated or combined audited financial report shall be shown on the schedule.

(2) Amounts for each insurer subject to this section shall be stated separately.

(3) Noninsurance operations shall be shown on the schedule on an individual basis.

(4) Explanations of consolidating and eliminating entries shall be included.

(5) A reconciliation shall be included of any differences between the amounts shown in the individual insurer columns of the schedule and comparable amounts shown on the annual statements of the insurers.

As added by P.L.244-1989, SEC.2. Amended by P.L.130-1994, SEC.13; P.L.116-1994, SEC.17.
Ind. Code § 27-1-36.8-1 — Indiana Code / Title 27 / Article 1 / Chapter 36.8 / Section 27-1-36.8-1
Applicability
Status: in_force

Sec. 1. This chapter applies to a hospital health care provider contract entered into, amended, or renewed after June 30, 2025.

As added by P.L.216-2025, SEC.43.
Ind. Code § 27-1-23-1 — Indiana Code / Title 27 / Article 1 / Chapter 23 / Section 27-1-23-1
Definitions
Status: in_force

Sec. 1. As used in this chapter, the following terms shall have the respective meanings set forth in this section, unless the context shall otherwise require:

(a) An "acquiring party" is the specific person by whom an acquisition of control of a domestic insurer or of any corporation controlling a domestic insurer is to be effected, and each person who directly, or indirectly through one (1) or more intermediaries, controls the person specified.

(b) An "affiliate" of, or person "affiliated" with, a specific person, is a person that directly, or indirectly through one (1) or more intermediaries, controls, or is controlled by, or is under common control with, the person specified.

(c) A "beneficial owner" of a voting security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, revocable or irrevocable proxy, or otherwise has or shares:

(1) voting power including the power to vote, or to direct the voting of, the security; or

(2) investment power which includes the power to dispose, or to direct the disposition, of the security.

(d) "Commissioner" means the insurance commissioner of this state.

(e) "Control" (including the terms "controlling", "controlled by", and "under common control with") means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the beneficial ownership of voting securities, by contract other than a commercial contract for goods or nonmanagement services, or otherwise, unless the power is the result of an official position or corporate office. Control shall be presumed to exist if any person beneficially owns ten percent (10%) or more of the voting securities of any other person. The commissioner may determine this presumption has been rebutted only by a showing made in the manner provided by section 3(k) of this chapter that control does not exist in fact, after giving all interested persons notice and an opportunity to be heard. Control shall be presumed again to exist upon the acquisition of beneficial ownership of each additional five percent (5%) or more of the voting securities of the other person. The commissioner may determine, after furnishing all persons in interest notice and opportunity to be heard, that control exists in fact, notwithstanding the absence of a presumption to that effect.

(f) "Department" means the department of insurance created by IC 27-1-1-1.

(g) A "domestic insurer" is an insurer organized under the laws of this state.

(h) "Earned surplus" means an amount equal to the unassigned funds of an insurer as set forth in the most recent annual statement of an insurer that is submitted to the commissioner, excluding surplus arising from unrealized capital gains or revaluation of assets.

(i) "Enterprise risk" means an activity, circumstance, event, or series of events that involves at least one (1) affiliate of an insurer that, if not remedied promptly, is likely to have a material adverse effect upon the financial condition or liquidity of the insurer or the insurer's insurance holding company system as a whole, including an activity, circumstance, event, or series of events that would cause the:

(1) insurer's risk based capital to fall into company action level under IC 27-1-36; or

(2) insurer to be in hazardous financial condition subject to IC 27-1-3-7 and rules adopted under IC 27-1-3-7.

(j) This subsection is effective beginning January 1, 2026. "Group Capital Calculation Instructions" refers to the group capital calculation instructions as adopted by the NAIC and as amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

(k) "Group wide supervisor" means the regulatory official who is:

(1) authorized by the commissioner to conduct and coordinate group wide supervision of an internationally active insurance group; and

(2) determined by the commissioner to have sufficient significant contact with the internationally active insurance group to enable group wide supervision.

(l) An "insurance holding company system" consists of two (2) or more affiliated persons, one (1) or more of which is an insurer.

(m) "Insurer" has the same meaning as set forth in IC 27-1-2-3, except that it does not include:

(1) agencies, authorities, or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state; or

(2) nonprofit medical and hospital service associations.

The term includes a health maintenance organization (as defined in IC 27-13-1-19) and a limited service health maintenance organization (as defined in IC 27-13-1-27).

(n) "Internationally active insurance group" means an insurance holding company system that:

(1) includes an insurer that is registered under section 3 of this chapter; and

(2) meets the following requirements:

(A) The insurance holding company system has premiums written in at least three (3) countries.

(B) The percentage of the insurance holding company system's gross premiums written outside the United States is at least ten percent (10%) of the insurance holding company system's total gross written premiums.

(C) Based on a three (3) year rolling average, the:

(i) total assets of the insurance holding company system are at least fifty billion dollars ($50,000,000,000); or

(ii) total gross written premiums of the insurance holding company system are at least ten billion dollars ($10,000,000,000).

(o) "NAIC" refers to the National Association of Insurance Commissioners.

(p) This subsection is effective beginning January 1, 2026. "NAIC Liquidity Stress Test Framework" refers to a separate NAIC publication that includes:

(1) a history of the NAIC's development of regulatory liquidity stress testing;

(2) the Scope Criteria applicable for a specific data year; and

(3) the Liquidity Stress Test instructions and reporting templates for a specific data year, such Scope Criteria, instructions, and a reporting template as adopted by the NAIC and as amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

(q) This subsection is effective beginning January 1, 2026. "Scope Criteria", as detailed in the NAIC Liquidity Stress Test Framework, refers to the designated exposure bases, along with the minimum magnitudes of the designated exposure bases, for the specified data year, which are used to establish a preliminary list of insurers considered scoped into the NAIC Liquidity Stress Test Framework for that data year.

(r) "Supervisory college" means a temporary or permanent forum:

(1) comprised of regulators, including other state, federal, and international regulators, responsible for the supervision of:

(A) a domestic insurer that is part of an insurance holding company system that has international operations;

(B) an insurance holding company system described in clause (A); or

(C) an affiliate of:

(i) a domestic insurer described in clause (A); or

(ii) an insurance holding company system described in clause (B); and

(2) established to facilitate communication and cooperation between the regulators described in subdivision (1).

(s) A "person" is an individual, a corporation, a limited liability company, a partnership, an association, a joint stock company, a trust, an unincorporated organization, any similar entity or any combination of the foregoing acting in concert. The term does not include the following:

(1) A securities broker performing no more than the usual and customary broker's function.

(2) A joint venture partnership that is exclusively engaged in owning, managing, leasing, or developing real or tangible personal property.

(t) A "policyholder" of a domestic insurer includes any person who owns an insurance policy or annuity contract issued by the domestic insurer, any person reinsured by the domestic insurer under a reinsurance contract or treaty between the person and the domestic insurer, and any health maintenance organization with which the domestic insurer has contracted to provide services or protection against the cost of care.

(u) "Securityholder" means a person that owns a security of a specified person, including common stock, preferred stock, debt obligations, and any other security that:

(1) is convertible to; or

(2) evidences the right to acquire;

a common stock, preferred stock, or debt obligation.

(v) A "subsidiary" of a specified person is an affiliate controlled by that person directly or indirectly through one (1) or more intermediaries.

(w) "Surplus" means the total of gross paid in and contributed surplus, special surplus funds, and unassigned surplus, less treasury stock at cost.

(x) "Voting security" includes any security convertible into or evidencing a right to acquire a voting security.

Formerly: Acts 1971, P.L.387, SEC.1. As amended by Acts 1981, P.L.244, SEC.1; P.L.26-1991, SEC.8; P.L.8-1993, SEC.416; P.L.130-1994, SEC.28; P.L.116-1994, SEC.38; P.L.26-1994, SEC.9; P.L.2-1995, SEC.100; P.L.203-2001, SEC.5; P.L.81-2012, SEC.12; P.L.72-2016, SEC.10; P.L.158-2024, SEC.6.
Ind. Code § 27-1-25-11.1 — Indiana Code / Title 27 / Article 1 / Chapter 25 / Section 27-1-25-11.1
Resident third party administrator license; application; refusal to issue license; notice of material change; bond
Status: in_force

Sec. 11.1. (a) If the home state of a person is Indiana, the person shall:

(1) apply to act as an administrator in Indiana upon the uniform application for third party administrator license;

(2) pay an application fee in an amount determined by the commissioner; and

(3) receive a license from the commissioner;

before performing the function of an administrator in Indiana. The commissioner shall deposit a fee paid under subdivision (2) into the department of insurance fund established by IC 27-1-3-28.

(b) For the purposes of this section:

(1) if:

(A) an administrator is incorporated in Indiana; or

(B) Indiana is the administrator's principal place of business within the United States;

the administrator shall apply to Indiana for a resident administrator license; and

(2) if:

(A) neither the state in which an administrator is incorporated nor the state that is the administrator's principal place of business have adopted this chapter or a substantially similar law governing administrators; and

(B) the administrator has not designated any other state that has adopted this chapter or a substantially similar law governing administrators as its home state;

the administrator shall apply to Indiana for licensure as its designated home state.

(c) The uniform application for third party administrator license must include or be accompanied by the following:

(1) Basic organizational documents of the applicant, including:

(A) articles of incorporation;

(B) articles of association;

(C) partnership agreement;

(D) trade name certificate;

(E) trust agreement;

(F) shareholder agreement;

(G) other applicable documents; and

(H) amendments to the documents specified in clauses (A) through (G).

(2) Bylaws, rules, regulations, or other documents that regulate the internal affairs of the applicant.

(3) The NAIC biographical affidavits for individuals who are responsible for the conduct of affairs of the applicant, including:

(A) members of the applicant's:

(i) board of directors;

(ii) board of trustees;

(iii) executive committee; or

(iv) other governing board or committee;

(B) principal officers, if the applicant is a corporation;

(C) partners or members, if the applicant is:

(i) a partnership;

(ii) an association; or

(iii) a limited liability company;

(D) shareholders or members that hold, directly or indirectly, at least ten percent (10%) of the:

(i) voting stock;

(ii) voting securities; or

(iii) voting interest;

of the applicant; and

(E) any other person who exercises control or influence over the affairs of the applicant.

(4) Financial information reflecting a positive net worth, including:

(A) audited annual financial statements prepared by an independent certified public accountant for the two (2) most recent fiscal years; or

(B) if the applicant has been in business for less than two (2) fiscal years, financial statements or reports that are:

(i) prepared in accordance with GAAP; and

(ii) certified by an officer of the applicant;

for any completed fiscal years and for any month during the current fiscal year for which financial statements or reports have been completed.

If an audited financial statement or report required under clause (A) or (B) is prepared on a consolidated basis, the statement or report must include a columnar consolidating or combining worksheet that includes the amounts shown on the consolidated audited financial statement or report, separately reported on the worksheet for each entity included on the statement or report, and an explanation of consolidating and eliminating entries.

(5) Information determined by the commissioner to be necessary for a review of the current financial condition of the applicant.

(6) A description of the business plan of the applicant, including:

(A) information on staffing levels and activities proposed in Indiana and nationwide; and

(B) details concerning the applicant's ability to provide a sufficient number of experienced and qualified personnel for:

(i) claims processing;

(ii) record keeping; and

(iii) underwriting.

(7) Any other information required by the commissioner.

(d) An administrator that applies for licensure under this section shall make copies of written agreements with insurers available for inspection by the commissioner.

(e) An administrator that applies for licensure under this section shall:

(1) produce the administrator's accounts, records, and files for examination; and

(2) make the administrator's officers available to provide information concerning the affairs of the administrator;

whenever reasonably required by the commissioner.

(f) The commissioner may refuse to issue a license under this section if the commissioner determines that:

(1) the administrator or an individual who is responsible for the conduct of the affairs of the administrator:

(A) is not:

(i) competent;

(ii) trustworthy;

(iii) financially responsible; or

(iv) of good personal and business reputation; or

(B) has had an:

(i) insurance certificate of authority or insurance license; or

(ii) administrator certificate of authority or administrator license;

denied or revoked for cause by any jurisdiction;

(2) the financial information provided under subsection (c)(4) does not reflect that the applicant has a positive net worth; or

(3) any of the grounds set forth in section 12.4 of this chapter exists with respect to the administrator.

(g) An administrator that applies for a license under this section shall immediately notify the commissioner of a material change in:

(1) the ownership or control of the administrator; or

(2) another fact or circumstance that affects the administrator's qualification for a license.

The commissioner, upon receiving notice under this subsection, shall report the change to the centralized insurance producer license registry described in IC 27-1-15.6-7.

(h) An administrator that applies for a license under this section and will administer a governmental plan or a church plan shall obtain a bond as required under section 4(g) of this chapter.

(i) A license that is issued under this section is valid:

(1) for one (1) year after the date of issuance, unless subdivision (2) applies; or

(2) until:

(A) the license is:

(i) surrendered; or

(ii) suspended or revoked by the commissioner; or

(B) the administrator:

(i) ceases to do business in Indiana; or

(ii) is not in compliance with this chapter.

As added by P.L.160-2003, SEC.15. Amended by P.L.11-2011, SEC.19; P.L.124-2018, SEC.48; P.L.158-2024, SEC.9.
Ind. Code § 27-1-7-12 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-12
Directors; attendance record and report; record of communications; annual examination and report of condition
Status: in_force

Sec. 12. In addition to such other duties as may be imposed upon the directors by any other provisions of this article, such directors shall keep a record of the attendance of directors at meetings of the board, and shall make a report showing the names of the directors, the number of meetings of the board, regular and special, the number of meetings attended, and the number of meetings from which each director was absent, which report shall be read at and incorporated in the minutes of the annual meeting of the shareholders, members, or policyholders. Such directors, at such times as they are meeting as a board of directors, shall also require the secretary of such board, or some other duly designated agent, to make such communications from the department as the department designates a matter of record in the minutes of the meetings of such board of directors. The board of directors, a committee therefrom, or the auditor, actuary, or comptroller of such corporation shall examine the corporation once each year and submit a complete statement of the condition of such corporation to the department. Such report of examination, if made by other than the board of directors or a committee thereof, shall be approved by the board of directors before the same is submitted to the department.

Formerly: Acts 1935, c.162, s.90. As amended by P.L.252-1985, SEC.29.
Ind. Code § 27-1-19-8 — Indiana Code / Title 27 / Article 1 / Chapter 19 / Section 27-1-19-8
Directors
Status: in_force

Sec. 8. The board of directors, or other governing body, of such corporation, shall remain for the new corporation, the same as for the old, until changed by the board of directors of the new corporation. Their election and terms of office shall remain the same as they were prior to the new incorporation.

Formerly: Acts 1935, c.162, s.247.
Ind. Code § 27-8-13-7.3 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-7.3
"Issuer" defined
Status: in_force

Sec. 7.3. As used in this chapter, "issuer" includes:

(1) an insurance company;

(2) a fraternal benefit society;

(3) a health care service plan;

(4) a health maintenance organization; and

(5) any other entity;

that delivers a Medicare supplement policy or certificate in Indiana or issues a Medicare supplement policy or certificate for delivery in Indiana.

As added by P.L.126-1992, SEC.4.
Ind. Code § 27-1-25.5-1 — Indiana Code / Title 27 / Article 1 / Chapter 25.5 / Section 27-1-25.5-1
"Fiduciary duty"
Status: in_force

Sec. 1. As used in this chapter, "fiduciary duty" includes the duty to:

(1) act with loyalty and care in the best interest of the plan sponsor;

(2) ensure that all fees, costs, and commissions are reasonably and fully disclosed;

(3) avoid self-dealing and conflicts of interest; and

(4) maintain transparency in all financial and contractual arrangements related to the plan sponsor's health insurance coverage, including prescription drug benefits.

As added by P.L.69-2025, SEC.1.
Ind. Code § 27-15-15-3 — Indiana Code / Title 27 / Article 15 / Chapter 15 / Section 27-15-15-3
Action to compel determination
Status: in_force

Sec. 3. 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.94-1999, SEC.3.
Ind. Code § 27-13-34-12 — Indiana Code / Title 27 / Article 13 / Chapter 34 / Section 27-13-34-12
Applicable statutes
Status: in_force

Sec. 12. A limited service health maintenance organization operated under this chapter is subject to the following:

(1) IC 27-1-36 concerning risk based capital, unless exempted by the commissioner under IC 27-1-36-1.

(2) IC 27-13-2-10, concerning physical presence in Indiana.

(3) IC 27-13-8, except for IC 27-13-8-2(a)(6) concerning reports.

(4) IC 27-13-9-3 concerning termination of providers.

(5) IC 27-13-10-1 through IC 27-13-10-3 concerning grievance procedures.

(6) IC 27-13-11 concerning investments.

(7) IC 27-13-15-1(a)(2) through IC 27-13-15-1(a)(3) concerning gag clauses in contracts.

(8) IC 27-13-21 concerning producers.

(9) IC 27-13-29 concerning statutory construction and relationship to other laws.

(10) IC 27-13-30 concerning public records.

(11) IC 27-13-31 concerning confidentiality of medical information and limitation of liability.

(12) IC 27-13-36-5 and IC 27-13-36-6 concerning referrals to out of network providers and continuation of care.

(13) IC 27-13-40 concerning comparison sheets of services provided by the limited service health maintenance organization.

As added by P.L.26-1994, SEC.25. Amended by P.L.191-1997, SEC.14; P.L.69-1998, SEC.12; P.L.133-1999, SEC.8; P.L.51-2002, SEC.12; P.L.11-2011, SEC.38.
Ind. Code § 27-15-16-2 — Indiana Code / Title 27 / Article 15 / Chapter 16 / Section 27-15-16-2
Rules
Status: in_force

Sec. 2. The commissioner may adopt rules under IC 4-22-2 necessary for the administration of this article.

As added by P.L.94-1999, SEC.3.
Ind. Code § 27-1-44.5-1.2 — Indiana Code / Title 27 / Article 1 / Chapter 44.5 / Section 27-1-44.5-1.2
"Executive director"
Status: in_force

Sec. 1.2. As used in this chapter, "executive director" means the individual who is responsible for overseeing the operations of the data base as an employee of the department.

As added by P.L.195-2021, SEC.3.
Ind. Code § 27-2-24-11 — Indiana Code / Title 27 / Article 2 / Chapter 24 / Section 27-2-24-11
Insurer rebuttal of status of innocent coinsured
Status: in_force

Sec. 11. This chapter does not prohibit an insurer from application of reasonable standards of proof to rebut an assertion that an individual meets the requirements to be considered an innocent coinsured under section 5 of this chapter.

As added by P.L.148-2017, SEC.8.
Ind. Code § 27-10-3-7.1 — Indiana Code / Title 27 / Article 10 / Chapter 3 / Section 27-10-3-7.1
Continuing education course approval; fees; criteria
Status: in_force

Sec. 7.1. (a) A provider of courses required for licensure under sections 3 and 5 of this chapter or license renewal under section 7 of this chapter:

(1) shall obtain from the commissioner approval of the courses and instructors before the courses are conducted;

(2) shall annually pay to the commissioner a reasonable fee, as determined by the commissioner;

(3) must have been:

(A) a full-time resident of Indiana and licensed as a bail agent under this chapter for at least five (5) of the immediately preceding ten (10) years; or

(B) a bail agent association operating in Indiana and approved by the commissioner; and

(4) shall comply with any other requirements established by the commissioner.

However, the commissioner may waive the full-time residency requirement specified in subdivision (3)(A).

(b) A provider described in subsection (a) may charge a reasonable fee for attendance at an approved course.

(c) A fee paid under subsection (a)(2) must be:

(1) deposited in the bail bond enforcement and administration fund created under IC 27-10-5-1; and

(2) used to implement this article.

(d) The commissioner shall:

(1) establish criteria for approval or disapproval of instructors and courses required for:

(A) licensure under sections 3 and 5 of this chapter; and

(B) license renewal under section 7 of this chapter; and

(2) approve or disapprove instructors and courses specified in subdivision (1);

that pertain to the duties and responsibilities of a bail agent and recovery agent, including instruction concerning the laws that relate to the conduct of a bail agent and recovery agent.

As added by P.L.102-2005, SEC.5. Amended by P.L.86-2011, SEC.2; P.L.81-2012, SEC.40.
Ind. Code § 27-17-5-3 — Indiana Code / Title 27 / Article 17 / Chapter 5 / Section 27-17-5-3
Disclosures by certain marketing organizations
Status: in_force

Sec. 3. A marketing organization that is wholly owned by an insurer or a health maintenance organization granted a certificate of authority under this title shall disclose the marketing organization's parent company affiliation in all marketing and membership materials.

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-3-1-3 — Indiana Code / Title 27 / Article 3 / Chapter 1 / Section 27-3-1-3
Manner of adoption of plan of exchange; approvals; compensation of dissenting shareholders
Status: in_force

Sec. 3. (a) Subject to section 2 of this chapter, any domestic company may adopt a plan of exchange with any acquiring corporation providing for the exchange of the outstanding stock of the domestic company for shares of stock or other securities issued by the acquiring corporation or cash or other consideration, or any combination, in the following manner. The boards of directors of the domestic company and of the acquiring corporation by resolutions approved by a majority of the whole of each board shall adopt a plan of exchange that sets forth the terms and conditions of the exchange and the mode of carrying the terms and conditions into effect and other provisions with respect to the exchange as may be deemed necessary or desirable.

(b) The domestic company and the acquiring corporation shall submit to the insurance commissioner three (3) copies of the plan of exchange certified by an officer of each as having been adopted in accordance with subsection (a). The copies of the plan of exchange shall be accompanied by financial statements of the domestic company for its last preceding fiscal year prepared pursuant to IC 27-1-20-21, pro forma financial statements of each corporation based on the assumption that the plan of exchange was effective as proposed at the end of the last preceding fiscal year of the domestic company, an estimate of expenses already incurred and of expenses expected to be incurred in connection with the proposed plan of exchange, and a written statement that sets forth for each corporation the proposed changes, if any, in management policies and in the identity of officers and directors of the domestic company and of the acquiring corporation that are initially contemplated if the plan of exchange is effected as proposed. The insurance commissioner shall hold a hearing upon the fairness of the terms, conditions, and provisions of the plan of exchange and the proposed exchange of stock or other securities of the acquiring corporation or cash or other consideration or any combination thereof for the stock of the domestic company at which the policyholders and the shareholders of both the domestic company and the acquiring corporation and any other interested party may appear and to become party to the proceeding. The commissioner shall require the domestic company and the acquiring corporation to produce evidence as the commissioner considers necessary to establish the foregoing, including evidence concerning the valuation of the respective companies and the method utilized by the management of each corporation to accomplish the valuation, inclusive of the value established with respect to the stock of the domestic company that is proposed to be exchanged as well as the value of the stock, securities, and consideration other than cash to be offered by the acquiring corporation in the exchange. The hearing shall be commenced not less than twenty (20) days after the date on which the plan of exchange is presented to the commissioner. The hearing shall be held in Indianapolis, Indiana, at a place, date, and time specified by the insurance commissioner. Notice of the hearing shall be published in a newspaper of general circulation in the city where the principal office of the domestic company and of the acquiring corporation are located and Indianapolis once a week for two (2) successive weeks. Written notice of the hearing shall be mailed at least ten (10) days before the hearing by the domestic company and by the acquiring corporation to all of their respective shareholders. All expenses of publication shall be borne by the domestic company or the acquiring corporation, or both, as specified in the plan of exchange. Except as otherwise provided in this section, the hearing and the determination are subject to IC 4-21.5-3. The commissioner shall issue an order approving the plan of exchange as delivered to the commissioner by the domestic company and the acquiring corporation and the modifications approved by a majority of the whole board of directors of each corporation if the commissioner finds:

(1) that the plan, including all modifications, if effected, will not tend adversely to affect the financial stability or management of the domestic company or the general capacity or intention to continue the safe and prudent transaction of the insurance business of the domestic company, or of the acquiring corporation, if it is a domestic insurance company;

(2) that the interests of the policyholders and shareholders of the domestic company, and, if the acquiring corporation is a domestic insurance company, the policyholders of the acquiring corporation are protected;

(3) that the fulfillment of the plan will not affect either the contractual obligations of the domestic company and of the acquiring corporation, if it is a domestic insurance company, to its policyholders or the ability and tendency of either to render service to its policyholders in the future; and

(4) that the terms and conditions of the plan of exchange and the proposed issuance and exchange are fair and reasonable.

The order of the commissioner approving or disapproving the plan of exchange shall be filed in the department within sixty (60) days after the date the plan of exchange is presented to the commissioner. The department shall give notice of the order in the manner prescribed in IC 4-21.5-3 to all parties to the proceeding, and the department shall endorse the commissioner's approval or disapproval on the plan of exchange in the manner provided in IC 27-1-6-8 and shall deliver copies to the domestic company and to the acquiring corporation. Any party to the proceeding aggrieved by the order are entitled to a judicial review of the order in accordance with IC 4-21.5-5.

(c) The plan of exchange as approved by the insurance commissioner shall then be submitted to a vote of the shareholders of the domestic company at an annual or special meeting of the shareholders. Notice of the submission of the plan to the shareholders shall be included in the notice of the annual or special meeting. The shareholders entitled to vote in respect of the plan may vote in person or by proxy, and each shareholder has one (1) vote for each share of voting stock held by the shareholder. Jointly owned shares may only be voted jointly. The plan shall be approved by the shareholders of the domestic company upon receiving the affirmative votes representing two thirds (2/3) of the outstanding capital stock of the domestic company or a larger proportion as may be specified in the plan of exchange. Notwithstanding shareholder adoption of the plan of exchange and at any time before the filing of the certificate setting forth the plan of exchange by the department, pursuant to section 4 of this chapter, the plan of exchange may be abandoned pursuant to a provision for abandonment, if any, contained in the plan of exchange.

(d) Within ten (10) days after the plan of exchange is adopted by the shareholders of the domestic company, a written notice of the adoption of the plan of exchange shall be mailed or delivered personally to each shareholder of record of the company who was entitled to vote on the plan. The domestic company shall file with the department an affidavit of the secretary or an assistant secretary of the company or of an officer of the transfer agent of the company that the notice was given.

(e) Any shareholder of the domestic company owning shares not voted in favor of the plan at the meeting at which the plan was approved by the shareholders of the domestic company may object in writing to the plan and demand payment, should the plan become effective, of the fair value of any shares as of the day on which the plan of exchange was approved by the shareholders of the domestic company pursuant to subsection (c). The objection and demand must be received, together with the certificate or certificates representing the shares with respect to which objection and demand have been made for notation that the objection and demand have been made, by the domestic company or its transfer agent within thirty (30) days after the date of the meeting of shareholders. The objection and demand may not pertain to any shares that were voted in favor of the plan. Objection and demand can only be made jointly by the holders of any share jointly held. The objection and demand may not be withdrawn unless the domestic company, by an authorized officer, consents in writing. Upon the plan of exchange becoming effective, the holder of any shares, with respect to which the objection and demand have been made and certificates for which have been delivered to the domestic company or its transfer agent for notation, or any transferee, ceases to be a shareholder of the domestic company with respect to the shares and does not have rights with respect to the shares except the right to receive payment for the shares under this subsection. Every shareholder failing to make objection and demand accompanied by certificates representing the shares with respect to which the objection and demand have been made or withdrawing the objection and demand as provided in this subsection are conclusively presumed to have assented to, and to have agreed to be bound by, the plan of exchange in accordance with its terms. Within forty-five (45) days after the date of the meeting of shareholders of the domestic company at which the plan of exchange was approved by the shareholders, the domestic company, or, if the plan of exchange specifies, the acquiring corporation, shall mail a written offer to each holder of record of shares with respect to which an objection and demand have been made, as provided in this subsection, to pay for the shares a price per share considered by the corporation to be the fair value of the shares as of the date of the meeting. The form of written offer to be used, including the price per share, shall first be submitted to and approved by the insurance commissioner. If the offer is accepted in writing by the holder, the corporation shall pay the holder, within forty-five (45) days after the date of the plan of exchange becoming effective, the price upon the surrender of the certificate or certificates representing the shares. If, within thirty (30) days after the date of the mailing of the written offer, the domestic company or the acquiring corporation, as the case may be, and a shareholder do not agree, the corporation or the shareholder may, within ninety (90) days after the date of the mailing of the written offer, petition the circuit or the superior court of the county in which the principal office of the domestic company is located to appraise the fair value of the shares as of the date of the meeting of shareholders of the domestic company at which the plan of exchange was approved by the shareholders and payment of the appraised value of the shares shall be made by the domestic company or, if the plan of exchange so specifies, the acquiring corporation within sixty (60) days after the entry of the judgment or order finding the appraised value upon the surrender of the certificate or certificates representing the shares. The practice, procedure, and judgment in the circuit or superior court upon the petition is the same, so far as practical, as that under IC 32-24. The judgment of the circuit or superior court is final. All shares acquired by the domestic company upon payment of the value of the shares shall be canceled by the board of directors of the domestic company upon the plan of exchange becoming effective or at any time after the plan becomes effective and the capital stock of the domestic company shall be decreased in accordance with IC 27-1-8-12. If the plan of exchange does not become effective, the right of shareholders or transferees to be paid the fair value of their shares under this subsection shall cease, and their status shall be the same as that of shareholders who voted in favor of the plan. If a shareholder or the shareholder's transferee with respect to any share or shares for which objection and demand has been made:

(1) withdraws the objection and demand in the manner provided by this subsection;

(2) fails to submit a certificate or certificates at the time and in the manner required by this subsection;

(3) does not file a petition for the determination of fair value within the time and in the manner provided in this subsection and neither the domestic company nor the acquiring corporation files a petition for such determination; or

(4) is adjudged by a court of competent jurisdiction not to be entitled to the relief provided by this subsection;

the right of the shareholder or the shareholder's transferee to be paid the fair value of the share or shares under this subsection shall cease, and the shareholder's status with respect to the share or shares is the same as that of a shareholder who voted in favor of the plan.

Formerly: Acts 1967, c.61, s.3. As amended by P.L.252-1985, SEC.140; P.L.7-1987, SEC.143; P.L.2-2002, SEC.82.
Ind. Code § 27-4-5-7 — Indiana Code / Title 27 / Article 4 / Chapter 5 / Section 27-4-5-7
Repealed
Status: repealed

Formerly: Acts 1969, c.194, s.7. Repealed by Acts 1978, P.L.2, SEC.2728.
Ind. Code § 27-13-32.5-1 — Indiana Code / Title 27 / Article 13 / Chapter 32.5 / Section 27-13-32.5-1
Notice; filing articles of dissolution
Status: in_force

Sec. 1. Upon authorization of voluntary dissolution by the board of directors and any shareholders entitled to vote in respect of the voluntary dissolution, the board of directors shall:

(1) cause a notice that the health maintenance organization is about to be dissolved to be published at least once in a newspaper of general circulation, printed and published in the English language, in the county in which the principal office of the health maintenance organization is located, and at least once in a newspaper of general circulation, printed and published in the English language in the city of Indianapolis, Marion County, Indiana;

(2) cause a copy of the publication under subdivision (1) to be mailed to each subscriber;

(3) file a copy of the publication under subdivision (1) with the department;

(4) file a certified copy of the articles of dissolution with the department; and

(5) present to the department the certificate of authority issued or renewed under IC 27-13-3-1 for cancellation.

The department shall file the certified copy of the articles of dissolution, cancel the certificate of authority, endorse the cancellation on the certificate, and return the canceled certificate of authority to the health maintenance organization or its representatives.

As added by P.L.203-2001, SEC.31.
Ind. Code § 27-1-15.6-15 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-15
Notification of termination
Status: in_force

Sec. 15. (a) An insurer or authorized representative of an insurer that terminates the appointment, employment, contract, or other insurance business relationship with a producer shall notify the commissioner not more than thirty (30) days after the effective date of the termination using a format prescribed by the commissioner, if:

(1) the reason for termination is described in section 12 of this chapter; or

(2) the insurer has knowledge that the producer was found by a court, a government body, or a self-regulatory organization authorized by law to have engaged in any of the activities described in section 12 of this chapter.

Upon the written request of the insurance commissioner, the insurer shall provide additional information, documents, records, and other data pertaining to the termination or activity of the producer.

(b) If an insurer discovers, upon further review or investigation, additional information that would have been reportable to the commissioner under subsection (a) had the insurer known of the existence of the additional information, the insurer or an authorized representative of the insurer shall promptly notify the commissioner of the additional information in a format acceptable to the commissioner.

(c) A copy of the notification of termination of a producer that must be provided to the commissioner under this section shall also be provided to the producer as follows:

(1) Not more than fifteen (15) days after making the notification required under subsection (a) or (b), the insurer shall mail a copy of the notification to the producer at the producer's last known address. If the producer is terminated for cause for any of the reasons described in section 12 of this chapter, the insurer shall provide a copy of the notification to the producer at the producer's last known address by certified mail, return receipt requested, postage prepaid, or by overnight delivery using a nationally recognized carrier.

(2) Not more than thirty (30) days after the producer has received the original or additional notification, the producer may file written comments concerning the substance of the notification with the commissioner. The producer shall, by the same means used by the producer to file the written comments with the commissioner, simultaneously send a copy of the comments to the reporting insurer, and the comments shall become a part of the commissioner's file and accompany every copy of a report distributed or disclosed for any reason about the producer as permitted under subsection (e).

(d) Immunities under this section are as follows:

(1) In the absence of actual malice, an insurer, an authorized representative of an insurer, a producer, the commissioner, and an organization of which the commissioner is a member and that compiles information and makes it available to other insurance commissioners or regulatory or law enforcement agencies are immune from civil liability, and a civil cause of action of any nature shall not arise against these entities or their respective agents or employees, as a result of:

(A) a statement or information required by or provided under this section or any information relating to a statement that may be requested in writing by the commissioner from an insurer or producer; or

(B) a statement by a terminating insurer to a producer or by a producer to a terminating insurer;

limited solely and exclusively to whether a termination for cause referred to in subsection (a) was reported to the commissioner, provided that the propriety of any termination for cause referred to in subsection (a) is certified in writing by an officer or authorized representative of the insurer or producer terminating the relationship.

(2) In any action brought against a person that may have immunity under subdivision (1) for:

(A) making a statement required under this section; or

(B) providing information relating to a statement that may be requested by the commissioner;

the party bringing the action must plead specifically in any allegation that subdivision (1) does not apply because the person making the statement or providing the information did so with actual malice.

(3) Existing statutory or common law privileges or immunities are not abrogated or modified by subdivision (1) or (2).

(e) Confidentiality under this section is as follows:

(1) Documents, materials, and other forms of information in the control or possession of the department that are:

(A) furnished by:

(i) an insurer or producer; or

(ii) an employee or agent of an insurer acting on behalf of the insurer or producer; or

(B) obtained by the commissioner in an investigation under this section;

are confidential by law and privileged, are not subject to public inspection and copying under IC 5-14-3-3, are not subject to subpoena, and are not subject to discovery or admissible in evidence in any private civil action. However, the commissioner is authorized to use the documents, materials, or other information in the furtherance of any regulatory or legal action brought as a part of the commissioner's duties.

(2) Neither the commissioner nor any person who receives confidential documents, materials, or other information described in subdivision (1) while acting under the authority of the commissioner may be permitted or required to testify in any private civil action concerning the confidential documents, materials, or information described in subdivision (1).

(3) To assist in the performance of the commissioner's duties under this chapter, the commissioner may:

(A) share documents, materials, and other information, including the confidential and privileged documents, materials, and information described in subdivision (1), with:

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

(ii) the National Association of Insurance Commissioners, its affiliates or subsidiaries; and

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

provided that the recipient agrees to maintain the confidentiality and privileged status of the documents, materials, or other information;

(B) receive documents, materials, and information, including otherwise confidential and privileged documents, materials, and information, from:

(i) the National Association of Insurance Commissioners, its affiliates or subsidiaries; and

(ii) regulatory and law enforcement officials of other foreign or domestic jurisdictions;

and shall maintain as confidential or privileged any document, material, or information received with notice or the understanding that it is confidential or privileged under the laws of the jurisdiction that is the source of the document, material, or information; and

(C) enter into agreements governing sharing and use of information consistent with this subsection.

(4) Disclosure of documents, materials, and information:

(A) to the commissioner; or

(B) by the commissioner;

under this section does not result in a waiver of any applicable privilege or claim of confidentiality in the documents, materials, or information.

(5) This chapter does not prohibit the commissioner from releasing final, adjudicated actions, including for cause terminations that are open to public inspection under IC 5-14, to a database or other clearinghouse service maintained by the National Association of Insurance Commissioners or by its affiliates or subsidiaries.

(f) If an insurer, an authorized representative of an insurer, or a producer fails to report as required under this section or is found to have reported falsely with actual malice by a court of competent jurisdiction, the commissioner may, after notice and hearing, suspend or revoke the license or certificate of authority of the insurer, authorized representative, or producer, and may fine the insurer, authorized representative, or producer under IC 27-4-1-6.

As added by P.L.132-2001, SEC.3.
Ind. Code § 27-10-3-19 — Indiana Code / Title 27 / Article 10 / Chapter 3 / Section 27-10-3-19
Duty of commissioner upon receipt of support order; reinstatement
Status: in_force

Sec. 19. (a) Upon receiving an order of a court issued under IC 31-16-12-10 (or IC 31-1-11.5-13(m), IC 31-6-6.1-16(m), or IC 31-14-12-7 before their repeal), the commissioner shall:

(1) suspend a license issued under this chapter to any person who is the subject of the order; and

(2) promptly mail a notice to the last known address of the person who is the subject of the order, stating the following:

(A) That the person's license is suspended beginning five (5) business days after the date the notice is mailed, and that the suspension will terminate not earlier than ten (10) business days after the commissioner receives an order allowing reinstatement from the court that issued the suspension order.

(B) That the person has the right to petition for reinstatement of a license issued under this chapter to the court that issued the order for suspension.

(b) The commissioner shall not reinstate a license suspended under subsection (a) until the commissioner receives an order allowing reinstatement from the court that issued the order for suspension.

As added by P.L.23-1996, SEC.29. Amended by P.L.1-1997, SEC.115; P.L.207-2013, SEC.15.
Ind. Code § 27-9-3-10 — Indiana Code / Title 27 / Article 9 / Chapter 3 / Section 27-9-3-10
Notice of liquidation by liquidator
Status: in_force

Sec. 10. (a) Unless the Marion County circuit court otherwise directs, the liquidator shall give notice of the liquidation order as soon as possible by:

(1) first-class mail and either by telegram or telephone to the insurance commissioner of each jurisdiction in which the insurer is doing business;

(2) first-class mail to any guaranty association or foreign guaranty association that is or may become obligated as a result of the liquidation;

(3) first-class mail to all insurance producers of the insurer;

(4) first-class mail to all persons known or reasonably expected to have claims against the insurer, including all policyholders, at their last known address as indicated by the records of the insurer;

(5) first-class mail to the secretary of state's office; and

(6) publication in a newspaper of general circulation in the county in which the insurer has its principal place of business and in all other locations the liquidator considers appropriate.

(b) Notice to potential claimants under subsection (a) must require claimants to file with the liquidator their claims, together with proper proof of those claims under section 34 of this chapter, before a date the liquidator specifies in the notice. The liquidator need not require persons claiming cash surrender values or other investment values in life insurance and annuities to file a claim. All claimants must keep the liquidator informed of any changes of address.

(c) If notice is given in accordance with this section, the distribution of assets of the insurer under this chapter shall be conclusive with respect to all claimants, whether or not they received notice.

As added by Acts 1979, P.L.255, SEC.1. Amended by P.L.178-2003, SEC.76.
Ind. Code § 27-1-24.7-1 — Indiana Code / Title 27 / Article 1 / Chapter 24.7 / Section 27-1-24.7-1
Applicability
Status: in_force

Sec. 1. This chapter applies to an agreement between a pharmacy benefit manager and a health plan regarding prescription drugs that is entered into, renewed, or renegotiated after December 31, 2025. This chapter does not apply to a health plan, with point of sale rebates, if at least eighty-five percent (85%) of the estimated rebates are deducted from the cost of prescription drugs dispensed at a pharmacy or via mail order before a covered individual's cost sharing requirement is determined.

As added by P.L.216-2025, SEC.42.
Ind. Code § 27-10-2-8 — Indiana Code / Title 27 / Article 10 / Chapter 2 / Section 27-10-2-8
Notice of trial or hearing; breach of undertaking; record
Status: in_force

Sec. 8. (a) The court shall give the bail agent or insurer legal written notice of the defendant's trial or hearing for purposes of entering a plea at least seventy-two (72) hours before the defendant's appearance is required unless the appearance is scheduled within seventy-two (72) hours from the execution of the bond.

(b) The defendant's failure to appear constitutes a breach of the undertaking. The court before which the cause is pending shall make a record of the breach at which time section 12 of this chapter then applies.

As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993, SEC.8; P.L.105-2010, SEC.7.
Ind. Code § 27-1-1.5-34 — Indiana Code / Title 27 / Article 1 / Chapter 1.5 / Section 27-1-1.5-34
"Uniform business entity application"
Status: in_force

Sec. 34. "Uniform business entity application" refers to the document entitled "Uniform Application for Business Entity License Renewal/Continuation" for resident and nonresident business entities that is:

(1) published by the NAIC; and

(2) in effect on January 1, 2018.

As added by P.L.124-2018, SEC.1.
Ind. Code § 27-11-1-11 — Indiana Code / Title 27 / Article 11 / Chapter 1 / Section 27-11-1-11
"Society" defined
Status: in_force

Sec. 11. "Society" refers to a fraternal benefit society to which this article applies, according to section 1 of this chapter.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-16-2-5 — Indiana Code / Title 27 / Article 16 / Chapter 2 / Section 27-16-2-5
"Co-employer"
Status: in_force

Sec. 5. "Co-employer" refers to a client or a professional employer organization that has entered into a professional employer agreement and has a relationship with a co-employed individual.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-1-52-4 — Indiana Code / Title 27 / Article 1 / Chapter 52 / Section 27-1-52-4
"Health care service"
Status: in_force

Sec. 4. As used in this chapter, "health care service" means a service or good furnished for the purpose of preventing, alleviating, curing, or healing:

(1) human illness;

(2) physical disability; or

(3) injury.

As added by P.L.88-2026, SEC.6.
Ind. Code § 27-7-5.1-5 — Indiana Code / Title 27 / Article 7 / Chapter 5.1 / Section 27-7-5.1-5
Prohibition on payment of noneconomic damages
Status: in_force

Sec. 5. An insurer may not pay noneconomic damages on a claim for coverage under a motor vehicle insurance policy issued by the insurer if the claim is for coverage for a loss incurred by an uninsured motorist with a previous violation.

As added by P.L.136-2015, SEC.1.
Ind. Code § 27-7-12-3 — Indiana Code / Title 27 / Article 7 / Chapter 12 / Section 27-7-12-3
Notice of cancellation
Status: in_force

Sec. 3. (a) Notice of cancellation of property insurance coverage by an insurer must:

(1) be in writing;

(2) be mailed to the named insured at the last known address of the named insured;

(3) state the effective date of the cancellation; and

(4) upon request of the named insured, be accompanied by a written explanation of the specific reasons for the cancellation.

(b) An insurer shall mail written notice of cancellation to the named insured at least:

(1) ten (10) days before canceling a policy, if the cancellation is for nonpayment of a premium;

(2) twenty (20) days before canceling a policy, if:

(A) the cancellation occurs more than sixty (60) days after the date of issuance of the policy; or

(B) the insurer has received a copy of a complaint under IC 32-30-10.5-8(d)(2) concerning the property; and

(3) ten (10) days before canceling a policy, if the cancellation occurs not more than sixty (60) days after the date of issuance of the policy.

(c) If the policy was procured by an independent insurance producer licensed in Indiana, the insurer shall mail notice of cancellation to the insurance producer not less than ten (10) days before the insurer mails the notice to the named insured, unless the obligation to notify the insurance producer is waived in writing by the insurance producer.

As added by P.L.203-2001, SEC.10. Amended by P.L.178-2003, SEC.55; P.L.116-2011, SEC.3; P.L.196-2021, SEC.37.
Ind. Code § 27-8-38-2 — Indiana Code / Title 27 / Article 8 / Chapter 38 / Section 27-8-38-2
"Accident and sickness insurance policy"
Status: in_force

Sec. 2. (a) As used in this chapter, "accident and sickness insurance policy" means an insurance policy that:

(1) provides at least one (1) of the types of insurance described in IC 27-1-5-1, Classes 1(b) and 2(a); and

(2) is issued on:

(A) an individual basis; or

(B) a group basis.

(b) "Accident and sickness insurance policy" does not include the following:

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

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

(3) Worker's compensation or similar insurance.

(4) Automobile medical payment insurance.

(5) A specified disease policy.

(6) A short term insurance plan that:

(A) may be renewed for the greater of:

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

(ii) the maximum period permitted under federal law;

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

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

(7) A policy that provides indemnity benefits not based on any expense incurred requirement, including a plan that provides coverage for:

(A) hospital confinement, critical illness, or intensive care; or

(B) gaps for deductibles or copayments.

(8) A supplemental plan that always pays in addition to other coverage.

(9) A student health plan.

(10) An employer sponsored health benefit plan that is:

(A) provided to individuals who are eligible for Medicare; and

(B) not marketed as, or held out to be, a Medicare supplement policy.

As added by P.L.170-2022, SEC.38.
Ind. Code § 27-8-4-11 — Indiana Code / Title 27 / Article 8 / Chapter 4 / Section 27-8-4-11
Debtor's choice of insurer; use of existing policies
Status: in_force

Sec. 11. When life insurance or accident and health insurance is required as additional security for any indebtedness, the debtor shall have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state. As used in this section, "life insurance" and "accident and health insurance" includes any form and any amount of life insurance or accident and health insurance that affords security to the creditor for the indebtedness involved.

Formerly: Acts 1961, c.47, s.11.
Ind. Code § 27-2-3-1 — Indiana Code / Title 27 / Article 2 / Chapter 3 / Section 27-2-3-1
Contents of vouchers; affidavit
Status: in_force

Sec. 1. No domestic life insurance corporation shall make any disbursements unless the same be evidenced by a voucher signed by or on behalf of the person, firm, limited liability company, or corporation receiving the money and correctly describing the consideration for the payment, and, if the same be for services and disbursements, setting forth the services rendered and an itemized statement of the disbursements made, and if it be in connection with any matter pending before any legislative or public body or before any department or officer of any government, correctly describing, in addition, the nature of the matter and of the interest of such corporation in the matter, or, if such a voucher cannot be obtained, by an affidavit stating the reasons the voucher cannot be obtained and setting forth the particulars mentioned in this section.

Formerly: Acts 1907, c.168, s.1. As amended by P.L.1-1994, SEC.133; P.L.136-2018, SEC.168.
Ind. Code § 27-9-4-1 — Indiana Code / Title 27 / Article 9 / Chapter 4 / Section 27-9-4-1
Conservators for alien or foreign insurers; grounds for appointment; procedure; order; termination
Status: in_force

Sec. 1. (a) If a domiciliary liquidator has not been appointed, the commissioner may apply to the Marion County circuit court by verified petition for an order directing him to act as conservator to conserve the property of an alien insurer not domiciled in Indiana or a foreign insurer on any one (1) or more of the following grounds:

(1) Any of the grounds stated in IC 27-9-3-1.

(2) That any part of its property has been sequestered by official action in any other state.

(3) That enough of its property has been sequestered in a foreign country to give reasonable cause to fear that the insurer is or may become insolvent.

(4) That its certificate of authority to do business in Indiana has been revoked or that none was ever issued.

(5) That there are residents of Indiana with outstanding claims or outstanding policies.

(b) When an order is sought under subsection (a), the Marion County circuit court shall cause the insurer to be given a notice and a time within which to respond to the request as is reasonable under the circumstances.

(c) The Marion County circuit court may issue the order in whatever terms the court considers appropriate. The filing or recording of the order with the clerk of the Marion County circuit court or the recorder of deeds of the county in which the principal business of the company is located, shall impart the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that recorder of deeds would have imparted.

(d) The conservator may at any time petition for and the Marion County circuit court may grant an order under section 2 of this chapter to liquidate assets of a foreign or alien insurer under conservation, or, if appropriate, for an order under section 4 of this chapter to be appointed ancillary receiver.

(e) The conservator may at any time petition the Marion County circuit court for an order terminating conservation of an insurer. If the court finds that the conservation is no longer necessary, the court shall order the insurer be restored to possession of its property and the control of its business. The court may also make such finding and issue such order at any time upon motion of any interested party, but if that motion is denied all costs shall be assessed against such party.

As added by Acts 1979, P.L.255, SEC.1.
Ind. Code § 27-1-3-31 — Indiana Code / Title 27 / Article 1 / Chapter 3 / Section 27-1-3-31
Expired
Status: repealed

As added by P.L.144-2009, SEC.1. Expired 12-31-2009 by P.L.144-2009, SEC.1.
Ind. Code § 27-11-2-1 — Indiana Code / Title 27 / Article 11 / Chapter 2 / Section 27-11-2-1
"Lodge system" defined; organization and operation of lodges for children
Status: in_force

Sec. 1. (a) A society is operating on the lodge system if it has a supreme governing body and subordinate lodges into which members are elected, initiated, or admitted in accordance with its laws, rules, and ritual. Subordinate lodges shall be required by the laws of the society to hold periodic meetings in furtherance of the purposes of the society.

(b) A society may, at its option, organize and operate lodges for children under the minimum age for adult membership. Membership and initiation in local lodges shall not be required of children, nor shall they have a voice or vote in the management of the society.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-2-21-2 — Indiana Code / Title 27 / Article 2 / Chapter 21 / Section 27-2-21-2
"Affiliate"
Status: in_force

Sec. 2. As used in this chapter, "affiliate" means a company that controls, is controlled by, or is under common control with another company.

As added by P.L.201-2003, SEC.1.
Ind. Code § 27-7-18-8 — Indiana Code / Title 27 / Article 7 / Chapter 18 / Section 27-7-18-8
"Provider"
Status: in_force

Sec. 8. (a) As used in this chapter, "provider" means:

(1) a dentist licensed under IC 25-14; or

(2) a dental office through which one (1) or more dentists licensed under IC 25-14 provide dental services.

(b) The term does not include a physician organization or physician hospital organization that leases or rents the network of the physician organization or physician hospital organization network to a third party.

As added by P.L.17-2024, SEC.19.
Ind. Code § 27-3-2-4 — Indiana Code / Title 27 / Article 3 / Chapter 2 / Section 27-3-2-4
By-laws; directors
Status: in_force

Sec. 4. When all the stock shall have been subscribed to as provided in this chapter, the stockholders shall adopt by-laws for the government of such company not inconsistent with the laws of the state of Indiana, naming in the by-laws the number of directors, which shall not be less than seven (7) nor more than thirteen (13), who shall manage the affairs of said company, and shall at once elect the new directors for the ensuing year, a majority of whom constitute a quorum for the transaction of business.

Formerly: Acts 1895, c.158, s.4. As amended by P.L.136-2018, SEC.170.
Ind. Code § 27-8-26-2 — Indiana Code / Title 27 / Article 8 / Chapter 26 / Section 27-8-26-2
"Genetic screening or testing" defined
Status: in_force

Sec. 2. (a) As used in this chapter, "genetic screening or testing" means a laboratory test:

(1) of an individual's genes or chromosomes for abnormalities, defects, or deficiencies, including changes in the number, structure, or integrity of an individual's chromosomes or carrier status, that:

(A) are linked to physical or mental disorders or impairments;

(B) indicate a susceptibility to illness, disease, or other disorders, whether physical or mental; or

(C) demonstrate genetic or chromosomal damage due to environmental factors; and

(2) that is a direct test for abnormalities, defects, or deficiencies in an individual's genes or chromosomes.

(b) The term does not include the detection of a genetic disorder through the manifestation of the genetic disorder.

As added by P.L.150-1997, SEC.4.
Ind. Code § 27-8-10-13 — Indiana Code / Title 27 / Article 8 / Chapter 10 / Section 27-8-10-13
Repealed
Status: repealed

As added by P.L.193-2003, SEC.10. Repealed by P.L.51-2004, SEC.10.
Ind. Code § 27-1-1.5-19 — Indiana Code / Title 27 / Article 1 / Chapter 1.5 / Section 27-1-1.5-19
"Insurance Regulatory Information System Ratios Manual"
Status: in_force

Sec. 19. "Insurance Regulatory Information System Ratios Manual" refers to the document entitled "Insurance Regulatory Information System Ratios Manual" that is:

(1) published by the NAIC; and

(2) in effect on January 1, 2018.

As added by P.L.124-2018, SEC.1.
Ind. Code § 27-2-21-6 — Indiana Code / Title 27 / Article 2 / Chapter 21 / Section 27-2-21-6
"Consumer reporting agency"
Status: in_force

Sec. 6. As used in this chapter, "consumer reporting agency" means a person that, for a monetary fee or dues or on a cooperative nonprofit basis, regularly engages in the practice of assembling or evaluating consumer credit information or other information concerning consumers for the purpose of furnishing consumer reports to third parties.

As added by P.L.201-2003, SEC.1.
Ind. Code § 27-1-37.5-16 — Indiana Code / Title 27 / Article 1 / Chapter 37.5 / Section 27-1-37.5-16
Department of insurance; standardized prior authorization form
Status: in_force

Sec. 16. (a) Except as provided in subsection (b), the department shall establish, post, and maintain on the department's website a standardized prior authorization form for use by health care providers and utilization review entities for purposes of any notice or authorization required by a utilization review entity with respect to payment for a health care service rendered to a covered individual.

(b) After December 31, 2020, a Medicaid managed care organization (as defined in IC 12-7-2.1-218) shall use a standardized prior authorization form prescribed by the office of the secretary of family and social services.

As added by P.L.77-2018, SEC.2. Amended by P.L.265-2019, SEC.4; P.L.144-2025, SEC.26; P.L.145-2026, SEC.142.
Ind. Code § 27-2-23-8 — Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-8
"Person"
Status: in_force

Sec. 8. As used in this chapter, "person" refers to an insured, annuity owner, annuitant, or a retained asset account owner.

As added by P.L.90-2014, SEC.1.
Ind. Code § 27-13-43-2 — Indiana Code / Title 27 / Article 13 / Chapter 43 / Section 27-13-43-2
Credentialing; application; notification; provisional credential; retroactive reimbursement; termination
Status: in_force

Sec. 2. (a) As used in this section, "clean credentialing application" means an application for network participation that:

(1) is submitted by a provider under this section;

(2) does not contain an error; and

(3) may be processed by the health maintenance organization without returning the application to the provider for a revision or clarification.

(b) As used in this section, "credentialing" means a process by which a health maintenance organization makes a determination that:

(1) is based on criteria established by the health maintenance organization; and

(2) concerns whether a provider is eligible to:

(A) provide health services to an individual eligible for coverage; and

(B) receive reimbursement for the health services;

under an agreement that is entered into between the provider and the health maintenance organization.

(c) As used in this section, "unclean credentialing application" means an application for network participation that:

(1) is submitted by a provider under this section;

(2) contains at least one (1) error; and

(3) must be returned to the provider to correct the error.

(d) The department shall prescribe the credentialing application form used by the Council for Affordable Quality Healthcare (CAQH) in electronic or paper format. The form must be used by:

(1) a provider who applies for credentialing by a health maintenance organization; and

(2) a health maintenance organization that performs credentialing activities.

(e) A health maintenance organization shall notify a provider concerning a deficiency on a completed unclean credentialing application form submitted by the provider not later than five (5) business days after the entity receives the completed unclean credentialing application form. A notice described in this subsection must:

(1) provide a description of the deficiency; and

(2) state the reason why the application was determined to be an unclean credentialing application.

(f) A provider shall respond to the notification required under subsection (e) not later than five (5) business days after receipt of the notice.

(g) A health maintenance organization shall notify a provider concerning the status of the provider's completed clean credentialing application when:

(1) the provider is provisionally credentialed; and

(2) the health maintenance organization makes a final credentialing determination concerning the provider.

(h) If the health maintenance organization fails to issue a credentialing determination within fifteen (15) business days after receiving a completed clean credentialing application form from a provider, the health maintenance organization shall provisionally credential the provider in accordance with the standards and guidelines governing provisional credentialing from the National Committee for Quality Assurance or its successor organization. The provisional credentialing license is valid until a determination is made on the credentialing application of the provider.

(i) Once a health maintenance organization fully credentials a provider that holds provisional credentialing and a network provider agreement has been executed, then reimbursement payments under the contract shall be paid retroactive to the date the provider was provisionally credentialed. The health maintenance organization shall reimburse the provider at the rates determined by the contract between the provider and the health maintenance organization.

(j) If a health maintenance organization does not fully credential a provider that is provisionally credentialed under subsection (h), the provisional credentialing is terminated on the date the health maintenance organization notifies the provider of the adverse credentialing determination. The health maintenance organization is not required to reimburse for services rendered while the provider was provisionally credentialed.

As added by P.L.26-2005, SEC.4. Amended by P.L.1-2006, SEC.489; P.L.190-2023, SEC.36; P.L.17-2024, SEC.22; P.L.158-2024, SEC.24.
Ind. Code § 27-1-39-6 — Indiana Code / Title 27 / Article 1 / Chapter 39 / Section 27-1-39-6
"Self-insurance fund" defined
Status: in_force

Sec. 6. As used in this chapter, "self-insurance fund" means a fund established by a consortium to provide money sufficient to:

(1) cover self-insured risk retained by the consortium;

(2) pay premiums for stop-loss insurance coverage; and

(3) pay the administrative and other costs of the consortium.

As added by P.L.38-2006, SEC.1.
Ind. Code § 27-13-1-15 — Indiana Code / Title 27 / Article 13 / Chapter 1 / Section 27-13-1-15
"Grievance"
Status: in_force

Sec. 15. "Grievance" means a written complaint submitted in accordance with the formal grievance procedure of a health maintenance organization by or on behalf of:

(1) the enrollee or subscriber regarding any aspect of the health maintenance organization relative to the enrollee or subscriber; or

(2) an individual who would be an enrollee or a subscriber under an individual contract or a group contract regarding the health maintenance organization's decision to rescind the individual contract or group contract.

As added by P.L.26-1994, SEC.25. Amended by P.L.160-2011, SEC.26.
Ind. Code § 27-8-19.8-20.1 — Indiana Code / Title 27 / Article 8 / Chapter 19.8 / Section 27-8-19.8-20.1
Stranger originated life insurance; prohibition
Status: in_force

Sec. 20.1. (a) A person shall not issue, solicit, market, or otherwise promote the purchase of a life insurance policy in connection with stranger originated life insurance.

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

As added by P.L.112-2008, SEC.4.
Ind. Code § 27-8-16-5 — Indiana Code / Title 27 / Article 8 / Chapter 16 / Section 27-8-16-5
Certificate of registration; issuance to agent
Status: in_force

Sec. 5. (a) A claim review agent may not conduct medical claims review concerning health care services delivered to an enrollee in Indiana unless the claim review agent holds a certificate of registration issued by the department under this chapter.

(b) To obtain a certificate of registration under this chapter, a claim review agent must submit to the department an application containing the following:

(1) The name, address, telephone number, and normal business hours of the claim review agent.

(2) The name and telephone number of a person that the department may contact concerning the information in the application.

(3) Documentation necessary for the department to determine that the claim review agent is capable of satisfying the minimum requirements set forth in section 7 of this chapter.

(c) An application submitted under this section must be:

(1) signed and verified by the applicant; and

(2) accompanied by an application fee in the amount established under subsection (d).

The commissioner shall deposit an application fee collected under this subsection into the department of insurance fund established by IC 27-1-3-28.

(d) The department shall set the amount of the application fee required by subsection (c) and section 6(a) of this chapter in the rules adopted under section 14 of this chapter. The amount may not be more than is reasonably necessary to generate revenue sufficient to offset the costs incurred by the department in carrying out the department's responsibilities under this chapter.

(e) The department shall issue a certificate of registration to a claim review agent that satisfies the requirements of this section.

As added by P.L.128-1992, SEC.2. Amended by P.L.260-1995, SEC.4; P.L.173-2007, SEC.36; P.L.234-2007, SEC.193.
Ind. Code § 27-2-27-23 — Indiana Code / Title 27 / Article 2 / Chapter 27 / Section 27-2-27-23
Notice to producers of cybersecurity event
Status: in_force

Sec. 23. (a) In the case of a cybersecurity event:

(1) that involves nonpublic information:

(A) that is in the possession, custody, or control of a licensee that is an insurer or its third party service provider; and

(B) for which a consumer accessed the insurer's services through an independent insurance producer; and

(2) for which consumer notice is required by IC 24-4.9;

the insurer shall notify the producers of record of all affected consumers of the cybersecurity event not later than the time at which notice is provided to the affected consumers.

(b) The insurer is excused from the obligation set forth in subsection (a):

(1) for any producers who are not authorized by law or contract to sell, solicit, or negotiate on behalf of the insurer; and

(2) in those instances in which the insurer does not have the current producer of record information for an individual consumer.

As added by P.L.130-2020, SEC.10.
Ind. Code § 27-11-4-4 — Indiana Code / Title 27 / Article 11 / Chapter 4 / Section 27-11-4-4
Preliminary certificate of authority; expiration; extension
Status: in_force

Sec. 4. No preliminary certificate of authority granted under this section shall be valid after one (1) year from its date or after a further period, not exceeding one (1) year, as may be authorized by the commissioner upon cause shown, unless the five hundred (500) applicants required in this chapter have been secured and the organization has been completed as provided. The articles of incorporation and all other proceedings under the articles of incorporation shall become null and void in one (1) year from the date of the preliminary certificate of authority or at the expiration of the extended period, unless the society has completed its organization and received a certificate of authority to do business in Indiana.

As added by P.L.262-1985, SEC.1. Amended by P.L.136-2018, SEC.200.
Ind. Code § 27-7-12-6 — Indiana Code / Title 27 / Article 7 / Chapter 12 / Section 27-7-12-6
Grounds for cancellation of policies in effect for more than 60 days
Status: in_force

Sec. 6. After coverage has been in effect for more than sixty (60) days or after the effective date of a renewal policy, a notice of cancellation shall not be issued unless cancellation is based on at least one (1) of the following:

(1) Nonpayment of a premium.

(2) Discovery of fraud or material misrepresentation made by or with the knowledge of the named insured in obtaining the policy, continuing the policy, or in presenting a claim under the policy.

(3) Discovery of willful or reckless acts or omissions on the part of the named insured that increase a hazard insured against.

(4) The occurrence of a change in the risk that substantially increases a hazard insured against after insurance coverage has been issued or renewed.

(5) A violation of any local fire, health, safety, building, or construction regulation or ordinance with respect to an insured property or the occupancy of the property that substantially increases any hazard insured against.

(6) A determination by the insurance commissioner that the continuation of the policy would place the insurer in violation of the insurance laws of Indiana.

(7) Real property taxes owing on the insured property have been delinquent for two (2) or more years and continue to be delinquent at the time notice of cancellation is issued.

As added by P.L.203-2001, SEC.10.
Ind. Code § 27-1-24.5-4 — Indiana Code / Title 27 / Article 1 / Chapter 24.5 / Section 27-1-24.5-4
"Generic drug"
Status: in_force

Sec. 4. As used in this chapter, "generic drug" means a drug product that is identified by the drug's chemical name and that is:

(1) accepted by the federal Food and Drug Administration;

(2) available from at least three (3) sources; and

(3) therapeutically equivalent to an originating brand name drug.

As added by P.L.68-2020, SEC.1.
Ind. Code § 27-1-1.5-3 — Indiana Code / Title 27 / Article 1 / Chapter 1.5 / Section 27-1-1.5-3
Reference to Indiana Administrative Code
Status: in_force

Sec. 3. Except as otherwise provided in this title, a reference in this title to an Indiana administrative rule is a reference to the rule:

(1) as added to the Indiana Administrative Code; or

(2) as amended;

whichever occurred most recently.

As added by P.L.124-2018, SEC.1.
Ind. Code § 27-7-5-4 — Indiana Code / Title 27 / Article 7 / Chapter 5 / Section 27-7-5-4
"Uninsured motor vehicle" and "underinsured motor vehicle" defined; insurer's insolvency protection
Status: in_force

Sec. 4. (a) For the purpose of this chapter, the term uninsured motor vehicle, subject to the terms and conditions of such coverage, means a motor vehicle without liability insurance or a motor vehicle not otherwise in compliance with the financial responsibility requirements of IC 9-25 or any similar requirements applicable under the law of another state, and includes an insured motor vehicle where the liability insurer of the vehicle is unable to make payment with respect to the legal liability of its insured within the limits specified in IC 9-25-4-5 because of insolvency.

(b) For the purpose of this chapter, the term underinsured motor vehicle, subject to the terms and conditions of such coverage, includes an insured motor vehicle where the limits of coverage available for payment to the insured under all bodily injury liability policies covering persons liable to the insured are less than the limits for the insured's underinsured motorist coverage at the time of the accident, but does not include an uninsured motor vehicle as defined in subsection (a).

(c) An insurer's insolvency protection applies only to accidents occurring during a policy period in which its insured's uninsured motorist coverage is in effect and where the liability insurer of the tortfeasor becomes insolvent within two (2) years after such an accident. However, nothing contained in this section shall be construed to prevent any insurer from affording insolvency protection under terms and conditions more favorable to its insured than is provided under this section.

As added by Acts 1982, P.L.166, SEC.3. Amended by P.L.391-1987(ss), SEC.2; P.L.2-1991, SEC.89; P.L.1-1992, SEC.152; P.L.1-1993, SEC.204.
Ind. Code § 27-10-2-11 — Indiana Code / Title 27 / Article 10 / Chapter 2 / Section 27-10-2-11
Transcript of proceedings; docketing; liens
Status: in_force

Sec. 11. Such recognizance, together with a transcript of the proceedings and all papers in the case, shall be filed forthwith with the clerk of the proper court, who shall docket the cause and record such recognizance forthwith and enter it on the judgment docket, all as provided in IC 35-33-8.5. From the date of the entries in the records of the respective counties as provided in IC 35-33-8.5, it shall be a lien upon all lands in the counties where recorded owned by any of the obligors, and any judgment afterward had upon it shall relate back to the date of entry in such county, or counties, where any such lands are situated.

As added by P.L.261-1985, SEC.1. Amended by P.L.5-1988, SEC.151.
Ind. Code § 27-8-18-1 — Indiana Code / Title 27 / Article 8 / Chapter 18 / Section 27-8-18-1
Application of chapter
Status: in_force

Sec. 1. This chapter applies to every life insurance policy issued in Indiana or issued for delivery in Indiana, irrespective of the date of issue.

As added by P.L.129-1992, SEC.1.
Ind. Code § 27-7-13-1 — Indiana Code / Title 27 / Article 7 / Chapter 13 / Section 27-7-13-1
Applicability of chapter; exceptions
Status: in_force

Sec. 1. (a) This chapter applies to policies of insurance covering risks to property located in Indiana that are issued or renewed after December 31, 2001, and that insure against loss of or damage to:

(1) real property consisting of not more than four (4) residential units, one (1) of which is the principal place of residence of the named insured; or

(2) personal property:

(A) in which the named insured has an insurable interest; and

(B) that is used within a residential dwelling for personal, family, or household purposes.

(b) This chapter does not apply to the following:

(1) A policy of inland marine insurance.

(2) An automobile insurance policy under IC 27-7-6.

(3) A commercial property and casualty insurance policy under IC 27-1-31.

As added by P.L.203-2001, SEC.11.
Ind. Code § 27-8-13-9.5 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-9.5
Expired
Status: repealed

As added by P.L.227-2019, SEC.3. Amended by P.L.156-2020, SEC.110; P.L.28-2024, SEC.4. Expired 1-1-2025 by P.L.28-2024, SEC.4.
Ind. Code § 27-16-2-10 — Indiana Code / Title 27 / Article 16 / Chapter 2 / Section 27-16-2-10
"PEO group"
Status: in_force

Sec. 10. "PEO group" means two (2) or more professional employer organizations that are majority owned or commonly controlled by the same entity, parent, or controlling person.

As added by P.L.245-2005, SEC.7.
Ind. Code § 27-1-3.5-16 — Indiana Code / Title 27 / Article 1 / Chapter 3.5 / Section 27-1-3.5-16
Penalty for noncompliance
Status: in_force

Sec. 16. A domestic insurer that fails to file an audited annual financial report before July 1 or any other deadline established by the commissioner for the insurer under this chapter without having obtained an extension is subject to a civil penalty of fifty dollars ($50) per day until the report is received by the commissioner.

As added by P.L.244-1989, SEC.2.
Ind. Code § 27-13-7-11 — Indiana Code / Title 27 / Article 13 / Chapter 7 / Section 27-13-7-11
Filing of form with commissioner; review period; approval; withdrawal of approval; hearing
Status: in_force

Sec. 11. (a) A form required by this chapter must be filed with the commissioner at least thirty (30) days before the form is:

(1) delivered; or

(2) issued for delivery;

in Indiana.

(b) At any time during the thirty (30) day period referred to in subsection (a), the commissioner may extend the period for review for an additional thirty (30) days.

(c) The commissioner must give notice in writing of an extension of a review period under subsection (b).

(d) If the commissioner does not take action on a form submitted to the commissioner within the thirty (30) day period and any period of extension, the form is considered approved.

(e) At any time after notice and for cause shown, the commissioner may withdraw approval of any form, effective thirty (30) days after notice of the withdrawal of the approval is issued.

(f) When the commissioner:

(1) disapproves a filing; or

(2) withdraws approval of a form;

under this section, the commissioner shall give the health maintenance organization written notice of the reasons for the disapproval or withdrawal of approval. The notice must inform the health maintenance organization that it may, not more than thirty (30) days after it receives the notice, request a hearing concerning the disapproval or withdrawal of approval. If the health maintenance organization requests a hearing not more than thirty (30) days after it receives the notice, the commissioner shall hold a hearing upon not less than ten (10) days notice to the health maintenance organization.

As added by P.L.26-1994, SEC.25.
Ind. Code § 27-5.1-2-31 — Indiana Code / Title 27 / Article 5.1 / Chapter 2 / Section 27-5.1-2-31
Assessment collection; verification of loss
Status: in_force

Sec. 31. (a) A farm mutual insurance company shall collect an assessment from a policyholder in the manner prescribed by the farm mutual insurance company's bylaws.

(b) After a farm mutual insurance company that operates on a premium plus assessment basis receives:

(1) notice of a loss or damage to a policyholder's property; or

(2) a judgment against the farm mutual insurance company;

the directors of the farm mutual insurance company shall verify the loss, damage, or judgment and shall, subject to the limitation set forth in the farm mutual insurance company's bylaws under section 30 of this chapter, assess each policyholder an amount proportionate to the amount of risk the policyholder has with the farm mutual insurance company.

As added by P.L.129-2003, SEC.8.
Ind. Code § 27-7-2-14 — Indiana Code / Title 27 / Article 7 / Chapter 2 / Section 27-7-2-14
Repealed
Status: repealed

Formerly: Acts 1935, c.323, s.14a; Acts 1959, c.231, s.6. As amended by P.L.28-1988, SEC.94. Repealed by P.L.249-1989, SEC.19.
Ind. Code § 27-1-15.9-14 — Indiana Code / Title 27 / Article 1 / Chapter 15.9 / Section 27-1-15.9-14
Eligibility and underwriting standards
Status: in_force

Sec. 14. The:

(1) insurer that issues a portable electronics insurance policy; or

(2) supervising entity that supervises a vendor with respect to a portable electronics insurance policy;

shall establish eligibility and underwriting standards for each portable electronics insurance policy that is sold, solicited, or negotiated by a vendor.

As added by P.L.4-2012, SEC.3.
Ind. Code § 27-13-36-2.5 — Indiana Code / Title 27 / Article 13 / Chapter 36 / Section 27-13-36-2.5
Discrimination on basis of provider's license or certification prohibited
Status: in_force

Sec. 2.5. (a) A health maintenance organization may not discriminate against a provider acting within the scope of the provider's license or certification with respect to:

(1) participation;

(2) reimbursement;

(3) indemnification; or

(4) scope of care;

solely on the basis of the provider's license or certification.

(b) This section does not require a health maintenance organization to enter into a contract with a provider that would allow the provider to enter the health maintenance organization network.

As added by P.L.233-1999, SEC.13.
Ind. Code § 27-14.5-2-16 — Indiana Code / Title 27 / Article 14.5 / Chapter 2 / Section 27-14.5-2-16
Reorganized insurer may retain name
Status: in_force

Sec. 16. The reorganized insurer, at its discretion, may retain the name the reorganized insurer had prior to its reorganization into a mutual insurance holding company structure.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-1-8-3 — Indiana Code / Title 27 / Article 1 / Chapter 8 / Section 27-1-8-3
Vote of shareholders, policyholders, or members; exceptions; notice of corporation name change
Status: in_force

Sec. 3. (a) Except as provided in subsection (b), an amendment to the articles of incorporation so proposed shall be submitted to a vote of the shareholders, members, or policyholders at the annual or at the special meeting directed by the resolution of the board of directors proposing the amendment, and the proposed amendment shall be adopted upon receiving the affirmative votes of at least a majority of the stock, or such greater portion as the articles of incorporation may require, of the outstanding shares of stock entitled to vote, if a stock company; and upon receiving the affirmative votes of at least two-thirds (2/3) of the members or policyholders voting at such annual or special meeting, if other than a stock company.

(b) Unless the articles of incorporation provide otherwise, a corporation's board of directors may adopt one (1) or more amendments to the corporation's articles of incorporation without shareholder, member, or policyholder action to:

(1) extend the duration of the corporation, if the corporation was incorporated at a time when limited duration was required by law;

(2) delete the names and addresses of the initial directors, officers, or incorporators;

(3) delete the name and address of the initial registered agent or registered or principal office, if a statement of change is on file with the secretary of state;

(4) change each issued and unissued authorized share of an outstanding class into a greater number of whole shares or a lesser number of whole shares and fractional shares if the corporation has only shares of that class outstanding;

(5) reduce the number of authorized shares solely as the result of a cancellation of treasury shares; or

(6) change the corporate name, if the new name complies with IC 27-1-6-3.

(c) If a corporation changes its name under subsection (b)(6), the corporation shall, not more than thirty (30) days after the effective date of the amendment changing the corporate name, mail or deliver a written or printed notice of the new corporate name to each shareholder, member, or policyholder of record of the corporation.

Formerly: Acts 1935, c.162, s.103. As amended by P.L.185-1997, SEC.2.
Ind. Code § 27-1-50-5 — Indiana Code / Title 27 / Article 1 / Chapter 50 / Section 27-1-50-5
"Plan sponsor"
Status: in_force

Sec. 5. As used in this chapter, "plan sponsor" means an employer or organization that offers health insurance coverage to its employees or members through an insurer.

As added by P.L.166-2023, SEC.3.
Ind. Code § 27-2-19-4 — Indiana Code / Title 27 / Article 2 / Chapter 19 / Section 27-2-19-4
"Person" defined
Status: in_force

Sec. 4. As used in this chapter, "person" includes individuals, corporations, associations, limited liability companies, and partnerships.

As added by P.L.187-1996, SEC.1.
Ind. Code § 27-9-3-19 — Indiana Code / Title 27 / Article 9 / Chapter 3 / Section 27-9-3-19
Transfers on account of new and contemporaneous consideration
Status: in_force

Sec. 19. A transfer of property for or on account of a new and contemporaneous consideration that is considered under section 17 of this chapter to be made or suffered after the transfer because of delay in perfecting it does not become a transfer for or on account of an antecedent debt if any acts required by the applicable law to be performed in order to perfect the transfer as against liens or bona fide purchasers' rights are performed within twenty-one (21) days or any period expressly allowed by the law, whichever is less. A transfer to secure a future loan or a transfer that becomes security for a future loan, has the same effect as a transfer for or on account of a new and contemporaneous consideration.

As added by Acts 1979, P.L.255, SEC.1.
Ind. Code § 27-1-36-31 — Indiana Code / Title 27 / Article 1 / Chapter 36 / Section 27-1-36-31
Timing for submission of RBC plan after company action level event
Status: in_force

Sec. 31. An insurer must submit to the commissioner an RBC plan required under section 30 of this chapter:

(1) not more than forty-five (45) days after the company action level event; or

(2) not more than forty-five (45) days after notification to the insurer that the commissioner has, after a hearing under section 44 of this chapter, rejected the insurer's challenge.

As added by P.L.186-1996, SEC.1.
Ind. Code § 27-8-9-9 — Indiana Code / Title 27 / Article 8 / Chapter 9 / Section 27-8-9-9
Leased motor vehicles; leased vehicles used in transportation for hire
Status: in_force

Sec. 9. (a) When a claim arises from the operation of a motor vehicle leased under a written lease agreement, if under the agreement the lessee agrees to provide coverage for damage resulting from his operation of the vehicle, then the motor vehicle insurance coverage of the lessee is primary. No claim may be made against any coverage available for the vehicle by the lessor until the limits of the motor vehicle insurance coverage provided by the lessee for the vehicle are exhausted.

(b) When a claim arises from the operation of a motor vehicle that is used in the business of transporting property for hire and leased under a written lease agreement, if under the agreement the lessor and lessee agree as to which coverage of the parties' motor vehicle insurance is primary coverage, then the policy of insurance providing that coverage is primary and no claim may be made against any other coverage for the vehicle until the limits of that policy are exhausted.

As added by P.L.261-1983, SEC.5. Amended by P.L.81-1991, SEC.12; P.L.226-1993, SEC.5.
Ind. Code § 27-13-10.1-7 — Indiana Code / Title 27 / Article 13 / Chapter 10.1 / Section 27-13-10.1-7
Terms of coverage unchanged
Status: in_force

Sec. 7. This chapter does not add to or otherwise change the terms of coverage included in a contract under which an enrollee receives health care benefits under IC 27-13.

As added by P.L.133-1999, SEC.7.
Ind. Code § 27-1-37.3-3 — Indiana Code / Title 27 / Article 1 / Chapter 37.3 / Section 27-1-37.3-3
"Contractor"
Status: in_force

Sec. 3. As used in this chapter, "contractor" refers to a person with a primary business purpose of entering into health care contracts with providers.

As added by P.L.55-2008, SEC.1.
Ind. Code § 27-1-50-13 — Indiana Code / Title 27 / Article 1 / Chapter 50 / Section 27-1-50-13
Civil penalty
Status: in_force

Sec. 13. The commissioner may take appropriate action to enforce this chapter by imposing a civil penalty not to exceed ten thousand dollars ($10,000) per violation.

As added by P.L.166-2023, SEC.3.
Ind. Code § 27-7-17-6 — Indiana Code / Title 27 / Article 7 / Chapter 17 / Section 27-7-17-6
"Commissioner"
Status: in_force

Sec. 6. As used in this chapter, "commissioner" means the insurance commissioner appointed under IC 27-1-1-2.

As added by P.L.19-2022, SEC.5.
Ind. Code § 27-1-4.1-3 — Indiana Code / Title 27 / Article 1 / Chapter 4.1 / Section 27-1-4.1-3
"Insurance group"
Status: in_force

Sec. 3. As used in this chapter, "insurance group" means insurers and affiliates of an insurance holding company system (as defined in IC 27-1-23-1).

As added by P.L.146-2015, SEC.19.
Ind. Code § 27-8-14.5-3 — Indiana Code / Title 27 / Article 8 / Chapter 14.5 / Section 27-8-14.5-3
"Insurer" defined
Status: in_force

Sec. 3. As used in this chapter, "insurer" means any person who provides health insurance and issues health insurance plans in Indiana. The term includes the following:

(1) A licensed insurance company.

(2) A prepaid hospital or medical service plan.

(3) A health maintenance organization.

(4) A state employee health benefit plan.

(5) The state Medicaid plan.

(6) Any person providing a plan of health insurance subject to state insurance law.

As added by P.L.190-1997, SEC.1.
Ind. Code § 27-13-36.2-0.5 — Indiana Code / Title 27 / Article 13 / Chapter 36.2 / Section 27-13-36.2-0.5
Applicability
Status: in_force

Sec. 0.5. Sections 4.7 and 9.5 of this chapter, as added in the 2026 session of the general assembly, and section 8 of this chapter, as amended in the 2026 session of the general assembly, apply to claims submitted under an individual contract and a group contract that:

(1) is entered into, delivered, amended, or renewed after June 30, 2026; and

(2) provides coverage during a plan year beginning after December 31, 2026.

As added by P.L.88-2026, SEC.12.
Ind. Code § 27-4-1-8 — Indiana Code / Title 27 / Article 4 / Chapter 1 / Section 27-4-1-8
Determination of additional methods of unfair competition or deceptive acts or practices; notice and hearing
Status: in_force

Sec. 8. Whenever the commissioner shall have reason to believe that any person engaged in the business of insurance is engaging in this state in any method of competition or in any act or practice in the conduct of such business which is not defined in section 4 of this chapter, that such method of competition is unfair, or that such act or practice is unfair or deceptive, and that a proceeding by him in respect thereto would be to the interest of the public, he may issue and cause to be served upon such person a statement of the charges in that respect and a notice of a hearing thereon. Each such hearing shall be conducted under IC 4-21.5-3 in the same manner as the hearings provided for in section 5 of this chapter.

Formerly: Acts 1947, c.112, s.8. As amended by P.L.252-1985, SEC.149; P.L.7-1987, SEC.148.
Ind. Code § 27-2-28-2 — Indiana Code / Title 27 / Article 2 / Chapter 28 / Section 27-2-28-2
"Automobile policy"
Status: in_force

Sec. 2. (a) As used in this chapter, "automobile policy" means a policy providing one (1) or more of the types of insurance described in Class 2(f) of IC 27-1-5-1.

(b) The term includes an automobile policy under which the insured vehicle designated in the policy is rated as private passenger.

(c) The term does not include personal insurance policies for the coverage of:

(1) boats;

(2) inland marine;

(3) motorcycles;

(4) off-road vehicles;

(5) recreational vehicles;

(6) trailers;

(7) fleets;

(8) antique or collector vehicles;

(9) classic vehicles;

(10) specialty vehicles; or

(11) any other personal insurance policy not listed in subdivisions (1) through (10).

As added by P.L.226-2023, SEC.20. Amended by P.L.86-2026, SEC.5.
Ind. Code § 27-10-4-4 — Indiana Code / Title 27 / Article 10 / Chapter 4 / Section 27-10-4-4
Blank bond; signature
Status: in_force

Sec. 4. (a) A bail agent may not:

(1) sign or countersign in blank any bond; or

(2) give a power of attorney to or otherwise authorize anyone to countersign the bail agent's name to bonds unless the person who is authorized is a licensed bail agent directly employed by the bail agent giving the power of attorney.

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

As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993, SEC.28.
Ind. Code § 27-2-23-16 — Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-16
Order of payment; unclaimed property
Status: in_force

Sec. 16. (a) The benefit of a policy, annuity, or retained asset account, plus accrued interest applicable under the policy, annuity, or retained asset account, is first payable to designated beneficiaries or policy owners, annuity owners, or account owners.

(b) If beneficiaries or policy owners, annuity owners, or account owners cannot be found, the benefit of the policy, annuity, or retained asset account (not including applicable accrued interest) escheats to the state as unclaimed property under IC 32-34-1.5.

As added by P.L.90-2014, SEC.1. Amended by P.L.141-2021, SEC.13.
Ind. Code § 27-2-10-3 — Indiana Code / Title 27 / Article 2 / Chapter 10 / Section 27-2-10-3
Short sales; time for delivery of securities sold
Status: in_force

Sec. 3. It shall be unlawful for any such beneficial owner, director, or officer, directly or indirectly, to sell any equity security of such domestic insurance company if the person selling the security or his principal (i) does not own the security sold, or (ii) if owning the security, does not deliver it against such sale within twenty (20) days thereafter, or does not within five (5) days after such sale deposit it in the mails or other usual channels of transportation; but no person shall be deemed to have violated this section if he proves that notwithstanding the exercise of good faith he was unable to make such delivery or deposit within such time, or that to do so would cause undue inconvenience or expense.

Formerly: Acts 1965, c.5, s.3.
Ind. Code § 27-1-38-13 — Indiana Code / Title 27 / Article 1 / Chapter 38 / Section 27-1-38-13
Allowed activities
Status: in_force

Sec. 13. This chapter does not prevent a depository institution or an affiliate of a depository institution that lends money or extends credit from placing insurance on real or personal property if a customer fails to provide insurance that is required under terms of a loan agreement or credit agreement.

As added by P.L.130-2002, SEC.2.
Ind. Code § 27-1-20-5 — Indiana Code / Title 27 / Article 1 / Chapter 20 / Section 27-1-20-5
Deposit of securities acquired from foreign life insurer under reinsurance agreement
Status: in_force

Sec. 5. Nothing in this law shall prevent the deposit of securities and other evidences of ownership of property, acquired from a life insurance company domiciled in a foreign state or alien country by a domestic life insurance company under a reinsurance agreement approved by the department, provided such securities and property comply with the investment requirements of the state of incorporation of such reinsured company.

Formerly: Acts 1935, c.162, s.252.
Ind. Code § 27-11-5-5 — Indiana Code / Title 27 / Article 11 / Chapter 5 / Section 27-11-5-5
Conversion and licensing as mutual life insurance company
Status: in_force

Sec. 5. Any domestic fraternal benefit society may be converted and licensed as a mutual life insurance company by compliance with all the requirements of the insurance law for mutual life insurance companies. A plan of conversion shall be prepared in writing by the board of directors setting forth in full the terms and conditions of conversion. The affirmative vote of two-thirds (2/3) of all members of the supreme governing body at a regular or special meeting shall be necessary for the approval of the plan. No conversion shall take effect unless and until approved by the commissioner, who may give the approval if the commissioner finds that the proposed change is in conformity with the requirements of law and not prejudicial to the certificate holders of the society.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-1-43.2-4 — Indiana Code / Title 27 / Article 1 / Chapter 43.2 / Section 27-1-43.2-4
"Motor vehicle"
Status: in_force

Sec. 4. As used in this chapter, "motor vehicle" has the meaning set forth in IC 9-13-2-105(a).

As added by P.L.129-2014, SEC.10.
Ind. Code § 27-17-11-1 — Indiana Code / Title 27 / Article 17 / Chapter 11 / Section 27-17-11-1
Notification of change of name or address; time
Status: in_force

Sec. 1. A discount medical card program organization shall notify the department of a change of the discount medical card program organization's name, address, principal business address, or mailing address at least thirty (30) days before the change occurs.

As added by P.L.73-2006, SEC.3.
Ind. Code § 27-7-12-4 — Indiana Code / Title 27 / Article 7 / Chapter 12 / Section 27-7-12-4
Notice of nonrenewal
Status: in_force

Sec. 4. (a) Notice of nonrenewal by an insurer must:

(1) be in writing;

(2) be mailed to the named insured at the last known address of the named insured;

(3) state the insurer's intention not to renew the policy upon expiration of the current policy period;

(4) upon request of the named insured, be accompanied by a written explanation of the specific reasons for the nonrenewal;

(5) be mailed to the named insured at least sixty (60) days before the expiration of the current policy period; and

(6) comply with section 6.5(a)(1) of this chapter if the insurer used aerial images as the sole reason for nonrenewing a policy.

(b) If the policy was procured by an independent insurance producer licensed in Indiana, the insurer shall mail notice of nonrenewal to the insurance producer not less than ten (10) days before the insurer mails the notice to the named insured under subsection (a), unless the obligation to notify the insurance producer is waived in writing by the insurance producer.

(c) Notice of nonrenewal under this section is not required if:

(1) the named 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.

(d) If an insurer mails to an insured a renewal notice, bill, certificate, or policy indicating the insurer's willingness to renew a policy and the insured does not respond, the insurer is not required to mail to the insured notice of intention not to renew.

As added by P.L.203-2001, SEC.10. Amended by P.L.178-2003, SEC.56; P.L.148-2017, SEC.17; P.L.196-2021, SEC.38; P.L.86-2026, SEC.23.
Ind. Code § 27-1-45-0.5 — Indiana Code / Title 27 / Article 1 / Chapter 45 / Section 27-1-45-0.5
Not applicable to emergency services
Status: in_force

Sec. 0.5. This chapter does not apply to emergency services.

As added by P.L.93-2020, SEC.11.
Ind. Code § 27-1-15.9-2 — Indiana Code / Title 27 / Article 1 / Chapter 15.9 / Section 27-1-15.9-2
"Customer"
Status: in_force

Sec. 2. As used in this chapter, "customer" means a person who purchases portable electronics.

As added by P.L.4-2012, SEC.3.
Ind. Code § 27-2-27-28 — Indiana Code / Title 27 / Article 2 / Chapter 27 / Section 27-2-27-28
Rules
Status: in_force

Sec. 28. The insurance commissioner may adopt rules under IC 4-22-2 to carry out the provisions of this chapter.

As added by P.L.130-2020, SEC.10.
Ind. Code § 27-19-2-7 — Indiana Code / Title 27 / Article 19 / Chapter 2 / Section 27-19-2-7
"Group health plan"
Status: in_force

Sec. 7. "Group health plan" means a group health plan (as defined in Section 2791 of the federal Public Health Service Act (42 U.S.C. 300gg-91)) that provides health insurance coverage.

As added by P.L.278-2013, SEC.27.
Ind. Code § 27-8-22-2 — Indiana Code / Title 27 / Article 8 / Chapter 22 / Section 27-8-22-2
"Claim information" defined
Status: in_force

Sec. 2. As used in this chapter, "claim information" means the following:

(1) A notice that a claim has been filed with a patient's third party payor.

(2) A copy of an itemized bill for services when submitted to the third party payor.

As added by P.L.1-1994, SEC.139.
Ind. Code § 27-6-2-1 — Indiana Code / Title 27 / Article 6 / Chapter 2 / Section 27-6-2-1
Authorization
Status: in_force

Sec. 1. Every farm mutual insurance company authorized on or after March 11, 1955, to make the kinds of insurance and reinsurance permitted under and pursuant to the provisions of IC 27-5.1-2 is hereby authorized to write, make, or take, in addition to the kinds of reinsurance authorized under IC 27-5.1-2, any kind or kinds of reinsurance on lines of insurance or hazards which they cede and shall not write, make, or take reinsurance on any hazard or lines of insurance that they do not themselves cede to other reinsurers.

Formerly: Acts 1955, c.330, s.1. As amended by P.L.252-1985, SEC.211; P.L.129-2003, SEC.10.
Ind. Code § 27-9-3.1-7 — Indiana Code / Title 27 / Article 9 / Chapter 3.1 / Section 27-9-3.1-7
"Qualified financial contract"
Status: in_force

Sec. 7. As used in this chapter, "qualified financial contract" means a commodity contract, forward contract, repurchase agreement, securities contract, swap agreement, or a similar agreement, as determined by the commissioner.

As added by P.L.11-2011, SEC.36.
Ind. Code § 27-14.5-4-9 — Indiana Code / Title 27 / Article 14.5 / Chapter 4 / Section 27-14.5-4-9
Compliance with law on formation of domestic insurance companies
Status: in_force

Sec. 9. Except as otherwise provided in this article, the organization of a mutual insurance holding company under a plan under this article must be conducted in compliance with the provisions of IC 27-1-6 concerning the formation of domestic insurance companies.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-8-5-2.6 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-2.6
Repealed
Status: repealed

As added by P.L.93-1995, SEC.7. Amended by P.L.190-1996, SEC.2. Repealed by P.L.1-2001, SEC.51.
Ind. Code § 27-1-7-1 — Indiana Code / Title 27 / Article 1 / Chapter 7 / Section 27-1-7-1
"Corporation" defined
Status: in_force

Sec. 1. The term "corporation", as used in this chapter and IC 27-1-8, means any company organized or reorganized under the provisions of this article and any company organized or reorganized under the provisions of any statute of this state enacted prior to March 8, 1935.

Formerly: Acts 1935, c.162, s.79. As amended by P.L.252-1985, SEC.25.
Ind. Code § 27-1-34-10 — Indiana Code / Title 27 / Article 1 / Chapter 34 / Section 27-1-34-10
Exemptions
Status: in_force

Sec. 10. This chapter does not apply to a multiple employer welfare arrangement which offers or provides benefits which are fully insured by an authorized insurer or to an arrangement which is exempt under the federal Employee Retirement Income Security Act (29 U.S.C. 1001 et seq.).

As added by P.L.1-1992, SEC.149.
Ind. Code § 27-7-6-7 — Indiana Code / Title 27 / Article 7 / Chapter 6 / Section 27-7-6-7
Proof of mailing notice
Status: in_force

Sec. 7. Proof of mailing of notice of cancellation, or of intention not to renew or of reasons for cancellation, to the named insured at the address shown in the policy shall be sufficient proof of notice.

Formerly: Acts 1969, c.332, s.7.
Ind. Code § 27-7-13-2 — Indiana Code / Title 27 / Article 7 / Chapter 13 / Section 27-7-13-2
Required notices for policies not covering flood damage
Status: in_force

Sec. 2. If a policy of insurance described in section 1 of this chapter does not provide coverage for flood damage:

(1) the policy jacket must contain a prominently printed notice stating; or

(2) the policyholder must be given written notice when the policy is issued, or upon the first renewal after December 31, 2001;

that coverage for flood damage may be available through the National Flood Insurance Program.

As added by P.L.203-2001, SEC.11.
Ind. Code § 27-1-52-1 — Indiana Code / Title 27 / Article 1 / Chapter 52 / Section 27-1-52-1
"Covered individual"
Status: in_force

Sec. 1. As used in this chapter, "covered individual" means an individual who is entitled to coverage under a health plan.

As added by P.L.88-2026, SEC.6.
Ind. Code § 27-8-16-13 — Indiana Code / Title 27 / Article 8 / Chapter 16 / Section 27-8-16-13
Confidential information
Status: in_force

Sec. 13. (a) This chapter does not require a claim review agent or claim review consultant to disclose information that is proprietary.

(b) Any:

(1) information concerning standards, criteria, or medical protocols used by a claim review agent in conducting medical claims review; and

(2) other proprietary information concerning medical claims review conducted by a claim review agent;

that is disclosed to the department under this chapter is confidential for the purposes of IC 5-14-3-4(a)(1).

As added by P.L.128-1992, SEC.2. Amended by P.L.260-1995, SEC.10.
Ind. Code § 27-8-29-2 — Indiana Code / Title 27 / Article 8 / Chapter 29 / Section 27-8-29-2
"Appeal" defined
Status: in_force

Sec. 2. As used in this chapter, "appeal" means the procedure described in IC 27-8-28-17.

As added by P.L.66-2001, SEC.3 and P.L.203-2001, SEC.14.
Ind. Code § 27-8-15-31.1 — Indiana Code / Title 27 / Article 8 / Chapter 15 / Section 27-8-15-31.1
Continuing coverage
Status: in_force

Sec. 31.1. (a) This section becomes effective on the effective date of a mechanism enacted by the general assembly to offset the potential fiscal impact on small employers and small employer insurers that results from the establishment of a continuation policy under this section. This section does not apply to an individual who is eligible for coverage under a group health plan (as defined in 29 U.S.C. 1167).

(b) If an eligible employee who has been employed by the same small employer for at least one (1) year and continuously covered under a health insurance plan for at least ninety (90) days, or a dependent of such eligible employee:

(1) loses coverage under the plan as the result of:

(A) termination of the eligible employee's employment;

(B) reduction of the eligible employee's hours;

(C) dissolution of marriage; or

(D) attainment of any age specified in the plan; and

(2) requests continuing coverage from the small employer insurer that insured the health insurance plan;

the individual and any dependents of the individual are entitled to receive continuing coverage from the small employer insurer.

(c) A small employer shall notify an individual of the individual's possible right to continuing coverage under subsection (b) by presenting notice to the individual in writing within ten (10) days after the individual becomes an eligible employee. The notice must be presented directly to the eligible employee and must include:

(1) the conditions under which the eligible employee may qualify for continuing coverage;

(2) the name, address, and telephone number of the small employer insurer providing insurance to the small employer; and

(3) a statement that emphasizes the eligible employee's responsibility to contact the small employer insurer that insures the small employer at the time the eligible employee qualifies for continuing coverage under this section within thirty (30) days after becoming eligible for continuing coverage.

(d) An individual who wishes to receive continuing coverage must request continuing coverage from the small employer insurer in writing within thirty (30) days after losing coverage under subsection (b)(1).

(e) An individual electing continuing coverage must pay to the employer, in advance of the date the employer is required to make payments for insurance, but not more than one (1) time each month, the total premium amount required for continuing coverage.

(f) An individual who fails to:

(1) provide notice to a small employer insurer under subsection (d); or

(2) timely pay the premium as described in subsection (e);

relieves the employer and the small employer insurer of any responsibility to the individual for continuing coverage.

(g) A notification of the continuation privilege must accompany or be included in each certificate of coverage.

(h) Continuing coverage shall not be available to an individual who was discharged because the individual committed a felony or theft in connection with the individual's work, provided that:

(1) the individual admits participating in the felony or theft;

(2) the discharge is upheld through binding arbitration; or

(3) the act resulted in a conviction or an order of or supervision by a court.

(i) The premium for continuing coverage referred to in subsection (b) for any given period shall not exceed one hundred two percent (102%) of the rate that would have been charged under the health insurance plan with respect to the individual if the individual had been covered as an eligible employee under the plan during the same period. If the health insurance plan under which the individual was covered is canceled or is not renewed, the individual may apply for a conversion policy under this section.

(j) Benefits provided under the continuing coverage referred to in subsection (b) may not be less than the benefits provided under the health insurance plan. If the plan limits of the continuing coverage are not greater than the plan limits of the health insurance plan, the small employer insurer shall credit the insured with any waiting period, deductible, and coinsurance to the extent that the waiting period, deductible, or coinsurance was credited to the individual under the health insurance plan.

(k) Continuing coverage provided under this section may not last longer than twelve (12) months. If a small employer changes the health insurance plan during the time that continuing coverage is provided to an individual under this section, the small employer shall notify the individual in writing within thirty (30) days of the change, and the individual is entitled to apply for a conversion policy under this section within thirty (30) days of receiving the notice.

(l) A small employer insurer who provides continuing coverage under this section may not refuse to accept for coverage under a conversion policy any individual who remained continuously covered under this section if the individual can prove that:

(1) the individual is entitled to and has exhausted the benefits available under continuing coverage or the health insurance plan under which the individual was covered is canceled or is not renewed under the provisions of section 19 of this chapter;

(2) the continuing coverage was continuous to a date not more than thirty (30) days before the effective date of the coverage the individual is applying for under this subsection; and

(3) the individual is not eligible for coverage under any other employer health insurance plan.

The premium for a conversion policy issued under this subsection shall not exceed one hundred thirty-five percent (135%) of the rate that would have been charged under the health insurance plan with respect to the individual if the individual had been covered as an eligible employee under the plan during the same period. If the health insurance plan under which the individual was covered is canceled or is not renewed, the rate shall be based on the rate that would have been charged with respect to the individual if the plan had continued in force, as determined by the small employer insurer in accordance with standard actuarial principles.

As added by P.L.93-1995, SEC.20.
Ind. Code § 27-11-2-4 — Indiana Code / Title 27 / Article 11 / Chapter 2 / Section 27-11-2-4
Laws and rules; necessary and incidental powers
Status: in_force

Sec. 4. Every society may adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs. It may change, alter, add to, or amend such laws and rules. It shall have such other powers as are necessary and incidental to effect the objectives and purposes of the society.

As added by P.L.262-1985, SEC.1.
Ind. Code § 27-1-27-2 — Indiana Code / Title 27 / Article 1 / Chapter 27 / Section 27-1-27-2
Certificate of authority required
Status: in_force

Sec. 2. (a) No individual or corporation shall act within Indiana as a public adjuster, or receive, directly or indirectly, compensation or reward for services rendered in the adjustment of any claim or claims under the types of insurance policies set forth in section 1(g) of this chapter, unless the individual, or it, is the holder of a certificate of authority to act as such public adjuster issued by the commissioner of insurance of the state of Indiana pursuant to this chapter.

(b) Any individual or corporation who, or which, shall have received from the commissioner of insurance a public adjuster's certificate of authority shall be styled and be known as a "Certified Public Adjuster".

As added by P.L.257-1983, SEC.1. Amended by P.L.226-2023, SEC.5.
Ind. Code § 27-1-3.1-11 — Indiana Code / Title 27 / Article 1 / Chapter 3.1 / Section 27-1-3.1-11
Review of report; order
Status: in_force

Sec. 11. (a) Within thirty (30) days after the end of the period allowed for the receipt of written submissions or rebuttals, the commissioner shall fully consider and review the report, together with any written submissions or rebuttals and any relevant portions of the examiner's workpapers, and enter an order:

(1) adopting the examination report as filed or with modification or corrections;

(2) rejecting the examination report with directions to the examiners to reopen the examination for purposes of obtaining additional data, documentation or information, and refiling the report under this chapter; or

(3) calling for an investigatory hearing with no less than twenty (20) days notice to the company for purposes of obtaining additional documentation, data, information and testimony.

(b) If the examination report reveals that the company is operating in violation of any law, regulation, or prior order of the commissioner, the commissioner may order the company to take any action the commissioner considers necessary and appropriate to cure that violation.

As added by P.L.26-1991, SEC.5.
Ind. Code § 27-8-5-27 — Indiana Code / Title 27 / Article 8 / Chapter 5 / Section 27-8-5-27
Dental care provisions required
Status: in_force

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

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

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

(3) Automobile medical payment insurance.

(4) A specified disease policy.

(5) A short term insurance plan that:

(A) may be renewed for the greater of:

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

(ii) the maximum period permitted under federal law;

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

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

(6) A policy that provides indemnity benefits not based on any expense incurred requirement, including a plan that provides coverage for:

(A) hospital confinement, critical illness, or intensive care; or

(B) gaps for deductibles or copayments.

(7) Worker's compensation or similar insurance.

(8) A student health plan.

(9) A supplemental plan that always pays in addition to other coverage.

(10) An employer sponsored health benefit plan that is:

(A) provided to individuals who are eligible for Medicare; and

(B) not marketed as, or held out to be, a Medicare supplement policy.

(b) As used in this section, "insured" means a child or an individual with a disability who is entitled to coverage under an accident and sickness insurance policy.

(c) As used in this section, "child" means an individual who is less than nineteen (19) years of age.

(d) As used in this section, "individual with a disability" means an individual:

(1) with a physical or mental impairment that substantially limits one (1) or more of the major life activities of the individual; and

(2) who:

(A) has a record of; or

(B) is regarded as;

having an impairment described in subdivision (1).

(e) A policy of accident and sickness insurance must include coverage for anesthesia and hospital charges for dental care for an insured if the mental or physical condition of the insured requires dental treatment to be rendered in a hospital or an ambulatory outpatient surgical center. The Indications for General Anesthesia, as published in the reference manual of the American Academy of Pediatric Dentistry, are the utilization standards for determining whether performing dental procedures necessary to treat the insured's condition under general anesthesia constitutes appropriate treatment.

(f) An insurer that issues a policy of accident and sickness insurance may:

(1) require prior authorization for hospitalization or treatment in an ambulatory outpatient surgical center for dental care procedures in the same manner that prior authorization is required for hospitalization or treatment of other covered medical conditions; and

(2) restrict coverage to include only procedures performed by a licensed dentist who has privileges at the hospital or ambulatory outpatient surgical center.

(g) This section does not apply to treatment rendered for temporal mandibular joint disorders (TMJ).

As added by P.L.189-1999, SEC.2. Amended by P.L.173-2007, SEC.27; P.L.288-2019, SEC.4.
Ind. Code § 27-7-6-1 — Indiana Code / Title 27 / Article 7 / Chapter 6 / Section 27-7-6-1
Limitations on power of issuance, cancellation, and nonrenewal
Status: in_force

Sec. 1. The issuance, cancellation, and nonrenewal of automobile insurance policies by insurers shall be subject to the limitations set out in this chapter.

Formerly: Acts 1969, c.332, s.1. As amended by P.L.252-1985, SEC.263; P.L.121-1990, SEC.8.
Ind. Code § 27-9-3-21 — Indiana Code / Title 27 / Article 9 / Chapter 3 / Section 27-9-3-21
Discharge from voidable lien
Status: reserved

Sec. 21. The property affected by any lien considered voidable under sections 16 and 20 of this chapter shall be discharged from that lien, and that property and any of the indemnifying property transferred to or for the benefit of a surety shall pass to the liquidator, except that the court may on due notice order any lien to be preserved for the benefit of the estate and the court may direct that the conveyance be executed as may be proper or adequate to evidence the title of the liquidator.

As added by Acts 1979, P.L.255, SEC.1.
Ind. Code § 27-2-19-1 — Indiana Code / Title 27 / Article 2 / Chapter 19 / Section 27-2-19-1
"Governmental agency" defined
Status: in_force

Sec. 1. As used in this chapter, "governmental agency" means any:

(1) department;

(2) division;

(3) public agency;

(4) political subdivision; or

(5) other public instrumentality;

of a political subdivision, the state of Indiana, or the federal government.

As added by P.L.187-1996, SEC.1.
Ind. Code § 27-8-18-3 — Indiana Code / Title 27 / Article 8 / Chapter 18 / Section 27-8-18-3
"Life insurance policy"
Status: in_force

Sec. 3. As used in this chapter, "life insurance policy" means an insurance policy that provides the type of insurance described in Class 1(a) of IC 27-1-5-1.

As added by P.L.129-1992, SEC.1.
Ind. Code § 27-14.5-4-2 — Indiana Code / Title 27 / Article 14.5 / Chapter 4 / Section 27-14.5-4-2
Public hearing or opportunity for public comment on plan of reorganization
Status: in_force

Sec. 2. Not more than sixty (60) days after:

(1) the filing of a plan of reorganization that:

(A) is complete; and

(B) includes a plan to issue stock; or

(2) the filing of an application with respect to a plan to issue stock that is:

(A) complete; and

(B) filed sometime after the consummation of an approved plan of reorganization;

the commissioner may, if deemed necessary because the commissioner believes that one (1) or more of the findings listed in section 6 of this chapter may be made, conduct a public hearing or allow public comment for a period of not more than sixty (60) days to afford interested persons an opportunity to present information, views, arguments, or comments in regard to the proposed plan.

As added by P.L.226-2023, SEC.30.
Ind. Code § 27-8-24.7-4 — Indiana Code / Title 27 / Article 8 / Chapter 24.7 / Section 27-8-24.7-4
"Women's health care provider" defined
Status: in_force

Sec. 4. As used in this chapter, "women's health care provider" means a physician licensed under IC 25-22.5 who specializes in the provision of obstetric or gynecological services.

As added by P.L.192-1996, SEC.2.
Ind. Code § 27-2-27-10 — Indiana Code / Title 27 / Article 2 / Chapter 27 / Section 27-2-27-10
"Licensee"
Status: in_force

Sec. 10. (a) As used in this chapter, "licensee" means a person that is:

(1) licensed, authorized to operate, or registered; or

(2) required to be licensed, authorized to operate, or registered;

under this title and the rules adopted under this title.

(b) The term does not include any of the following:

(1) A purchasing group or risk retention group that is chartered and licensed in another state.

(2) A person that is:

(A) acting as an assuming insurer; and

(B) domiciled in a state or jurisdiction other than Indiana.

As added by P.L.130-2020, SEC.10.
Ind. Code § 27-7-1-7 — Indiana Code / Title 27 / Article 7 / Chapter 1 / Section 27-7-1-7
Insurance authorized under Lloyds plan; deposits; additional deposits; withdrawal of deposits
Status: in_force

Sec. 7. The following insurance shall be authorized and permitted to be written by Lloyds under this chapter:

(1) For the purpose of making insurance on dwelling-houses, stores and all kinds of buildings and household furniture, and other property against loss or damage, including loss of use or occupancy, by fire, lightning, windstorm, tornado, cyclone, earthquake, hail, frost or snow, bombardment, invasion, insurrection, riots or civil war or commotion, military or usurped power, and by explosion, whether fire ensues or not, except explosions on risks specified in this section, and also against loss or damage by water to any goods or premises arising from the breakage or leakage of sprinklers, pumps, or other apparatuses erected for extinguishing fires, and of water pipes, and against accidental injury to such sprinklers, pumps, or other apparatuses, and upon vessels, boats, cargoes, goods, merchandise, freight, and other property against loss or damage by all or any of the risks of lake, river, canal, and inland navigation and transportation, as well as by any or all of the risks of credit and upon automobiles, whether stationary or being operated under their power, which shall include all or any of the hazards of fire, explosions, transportation, collision, loss by legal liability for damage to property and to persons resulting from the maintenance and use of automobiles and loss by burglary or theft or both.

(2) For the purpose of making insurance upon vessels, freights, goods, wares, merchandise, specie, bullion, jewels, profits, commissions, bank notes, bills of exchange and other evidence of debt, bottomry and respondentia interests, and every insurance appertaining to or connected with marine risks and risks of transportation and navigation, including the risks of lake, river, canal, and inland transportation and navigation, and to effect reinsurance on any risk of the subscribers hereto, or any of said risks wholly or in part, or the transfer thereof, and to accept any authorized risk whether direct or by reinsurance.

(3) For the purpose of making insurance against loss or damage resulting from accident to or injury sustained by an employee or other person for which accident or injury the insured is liable.

Provided, that no such insurance shall be written by any Lloyds under this chapter until such Lloyds shall have deposited with the department of insurance of the state of Indiana the sum of twenty-five thousand dollars ($25,000) in the direct or indirect obligations of the United States or of any state of the United States. In the event the total of all unsatisfied and unappealed from final awards made by the worker's compensation board under IC 22-3-2 through IC 22-3-6 against any Lloyds having made the above deposit shall exceed the amount of the above said deposit, then the department of insurance may require such Lloyds to make an additional deposit or deposits in cash in direct or indirect obligations of the United States or of any state of the United States in a sum equal to the difference between the amount of the unsatisfied final awards and the amount of the deposit with the department of insurance. The department of insurance is hereby authorized and directed to receive such deposit or deposits and to hold them exclusively for the protection of the holders of such insurance policies. Any deposit so made shall not be withdrawn except upon filing with the department of insurance evidence satisfactory to it that such Lloyds has no unsecured liability outstanding in this state upon any such insurance policy, and upon the approval of the department of insurance such Lloyds may withdraw such deposit, except that the above mentioned additional deposit may be withdrawn with the approval of the department of insurance upon filing satisfactory evidence that the total of all unsatisfied and unappealed from final awards made by the worker's compensation board do not exceed the amount of twenty-five thousand dollars ($25,000).

Formerly: Acts 1919, c.177, s.7; Acts 1937, c.143, s.1. As amended by P.L.252-1985, SEC.224; P.L.28-1988, SEC.85.
Ind. Code § 27-8-13-6.2 — Indiana Code / Title 27 / Article 8 / Chapter 13 / Section 27-8-13-6.2
"Certificate form" defined
Status: in_force

Sec. 6.2. As used in this chapter, "certificate form" means the form on which a certificate is delivered or issued for delivery by the issuer.

As added by P.L.126-1992, SEC.3.
Ind. Code § 27-1-19-6 — Indiana Code / Title 27 / Article 1 / Chapter 19 / Section 27-1-19-6
Vesting of assets in new corporation; name; treatment of real estate
Status: in_force

Sec. 6. Upon compliance with the provisions of this article, the entire assets of any such corporation shall thereby become vested in the new corporation. The name of the new corporation may be the same as the former corporation, or, upon resolution of the board of trustees or directors or other governing body, such name may be changed. If such corporation shall be the owner of any real estate situate in said state of Indiana or of any other state, such real estate shall become vested, upon compliance with this statute, in the new corporation, and a copy of such resolution, duly certified by the secretary of state and filed in the recorder's office of the proper county in which such real estate may be situated, shall constitute a conveyance of said real estate to said new corporation.

Formerly: Acts 1935, c.162, s.245. As amended by P.L.252-1985, SEC.86.
Ind. Code § 27-1-15.6-29 — Indiana Code / Title 27 / Article 1 / Chapter 15.6 / Section 27-1-15.6-29
Notice of probationary status for failure to pay child support; suspension; reinstatement
Status: in_force

Sec. 29. (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 article 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 article.

(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.132-2001, SEC.3. Amended by P.L.145-2006, SEC.164; P.L.103-2007, SEC.8; P.L.150-2018, SEC.11.
Ind. Code § 27-6-9-18 — Indiana Code / Title 27 / Article 6 / Chapter 9 / Section 27-6-9-18
Transactions between reinsurance intermediary-broker and insurer; written authorization; contents
Status: in_force

Sec. 18. Transactions between a RB and the insurer it represents in the capacity of RB shall only be entered into pursuant to a written authorization, specifying the responsibilities of each party. The authorization shall, at a minimum, contain provisions stating the following:

(1) The insurer may terminate the RB's authority at any time.

(2) The RB will:

(A) render accounts to the insurer accurately detailing all material transactions, including information necessary to support all commissions, charges, and other fees received by, or owing to, the RB; and

(B) remit all funds due to the insurer within thirty (30) days of receipt.

(3) All funds collected for the insurer's account will be held by the RB in a fiduciary capacity in a bank which is a qualified United States financial institution.

(4) The RB will comply with section 19 of this chapter.

(5) The RB will comply with the written standards established by the insurer for the cession or retrocession of all risks.

(6) The RB will disclose to the insurer any relationship with any reinsurer to which business will be ceded or retroceded.

As added by P.L.26-1991, SEC.26.
Ind. Code § 27-1-20-13 — Indiana Code / Title 27 / Article 1 / Chapter 20 / Section 27-1-20-13
Fees of secretary of state
Status: in_force

Sec. 13. The fees payable to the secretary of the state by insurance companies which are organized or reorganized under the laws of this state or the laws of any other state, territory or insular possession of the United States or the District of Columbia shall be the same as the fees prescribed in chapter 219 of the Acts of the General Assembly of 1929.

Formerly: Acts 1935, c.162, s.262.
Ind. Code § 27-1-28-17 — Indiana Code / Title 27 / Article 1 / Chapter 28 / Section 27-1-28-17
Issuance of nonresident license
Status: in_force

Sec. 17. (a) Except as provided in section 18 of this chapter, the commissioner shall issue a nonresident independent adjuster license to a person if:

(1) the person is currently licensed in good standing as an independent adjuster in the person's home state;

(2) the person has submitted:

(A) the proper application for licensure;

(B) a nonresident application fee of ninety dollars ($90); and

(C) in the case of a business entity, the information described in section 13(a)(3) of this chapter; and

(3) the person's designated home state awards nonresident independent adjuster licenses to residents of Indiana on the same basis as nonresident independent adjuster licenses are awarded under this chapter to residents of other states.

(b) Except as provided in section 18 of this chapter, if a person that:

(1) is not a resident of Indiana; and

(2) is not licensed as an independent adjuster in another state;

desires to obtain an independent adjuster license under this chapter, the person must comply with the requirements of section 12 or 13 of this chapter, and sections 14 and 15 of this chapter, and must remit the nonresident application fee of ninety dollars ($90).

(c) The commissioner may:

(1) verify an independent adjuster's licensure status in another state through an appropriate data base, including the insurance producer data base maintained by the NAIC or an affiliate or a subsidiary of the NAIC; or

(2) request certification of good standing as described in section 16(b) of this chapter.

(d) To maintain a valid nonresident independent adjuster license issued under this chapter:

(1) the independent adjuster must maintain a valid resident independent adjuster license in the independent adjuster's home state; and

(2) the independent adjuster's home state must award nonresident independent adjuster licenses to residents of Indiana on the same basis as nonresident independent adjuster licenses are awarded under this chapter to residents of other states.

(e) For a nonresident independent adjuster license issued under this chapter to be renewed:

(1) the independent adjuster must:

(A) maintain a valid resident independent adjuster license in the independent adjuster's home state; and

(B) remit to the commissioner a nonresident independent adjuster license renewal fee of ninety dollars ($90); and

(2) the independent adjuster's home state must award nonresident independent adjuster licenses to residents of Indiana on the same basis as nonresident independent adjuster licenses are awarded under this chapter to residents of other states.

(f) If a nonresident independent adjuster's home state license terminates for any reason other than issuance of a new resident independent adjuster license in a new home state:

(1) the person's nonresident independent adjuster license issued under this chapter also terminates immediately; and

(2) the person shall immediately surrender the nonresident independent adjuster license to the commissioner.

(g) If a nonresident independent adjuster's home state license terminates due to the issuance of a new resident independent adjuster license in a new home state, the independent adjuster shall, not more than thirty (30) days after the nonresident independent adjuster's home state license termination date, provide notice of the termination to the commissioner and the insurance commissioner of any state that has issued a nonresident independent adjuster license to the independent adjuster. The notice must specify the independent adjuster's previous home state address and new home state address.

(h) If a resident independent adjuster's license issued under this chapter terminates for any reason, the resident independent adjuster shall, not more than thirty (30) days after the resident adjuster license termination date, provide notice of the termination to the insurance commissioner of any state that has issued a nonresident independent adjuster license to the resident independent adjuster. If the termination results from a change of the resident independent adjuster's home state, the notice must specify the independent adjuster's previous home state address and new home state address.

As added by P.L.11-2011, SEC.22.