reglab/housing_qa huggingface dataset:
IN Code § 27-1-13-15 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 13. Casualty, Fire, and Marine Insurance Company Powers and Policy Requirements|27-1-13-15. Property and Casualty Insurance Blanket Policies for Planned Unit Development Owners Association or Corporation

Sec. 15. (a) As used in this section, "planned unit development" has the meaning set forth in IC 36-7-1-14.5.(b) As used in this section, "property and casualty insurance" means one (1) or more of the types of insurance described in IC 27-1-5-1, Class 2 and Class 3.(c) An insurance company may issue a blanket policy of property and casualty insurance to an association or a nonprofit corporation composed of the owners of the property within a planned unit development for the purpose of insuring:(1) the association or nonprofit corporation;(2) the owners of the property within the planned unit development;(3) the executive body of the association or nonprofit corporation;(4) the managing agent of the association or nonprofit corporation, if any;(5) all persons who act as agents or employees of:(A) the association or nonprofit corporation;(B) the owners of the property;(C) the executive body; or(D) the managing agent;with respect to the planned unit development; and(6) all other persons entitled to occupy any unit or other portion of the planned unit development, including property owners;against losses under this subsection, including loss or damage to property within the planned unit development and loss of use or occupancy.(d) An association or a nonprofit corporation composed of the owners of all of the property within a planned unit development is authorized to purchase an insurance policy described in subsection (c).As added by P.L.116-1994, SEC.29. Amended by P.L.1-2010, SEC.110.
IN Code § 27-1-13-16 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 13. Casualty, Fire, and Marine Insurance Company Powers and Policy Requirements|27-1-13-16. Notice of Residential Policy Changes

Sec. 16. (a) This section applies to a policy of insurance that:(1) covers first party loss to property located in Indiana; and(2) insures against loss or damage to:(A) 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(B) personal property in which the named insured has an insurable interest and that is used within a residential dwelling for personal, family, or household purposes.(b) An insurer that reduces, restricts, or removes, through a rider or an endorsement, coverage provided by a policy of insurance must provide to the named insured written notice, through the United States mail or by electronic means, of the changes to the policy. The written notice required by this subsection must:(1) be part of a document that is separate from the rider or endorsement;(2) be printed in at least 12 point type, 1 point leaded;(3) consist of text that achieves a minimum score of forty (40) on the Flesch reading ease test or an equivalent score on a comparable test approved by the commissioner as provided by IC 27-1-26-6;(4) identify the forms, provisions, or endorsements that are changed;(5) indicate that the named insured may contact the servicing insurance producer for the policy, if any, or the insurer for assistance with any questions concerning the policy changes;(6) indicate whether a premium adjustment will result from the policy changes; and(7) set forth any options available to the named insured to repurchase the coverage that has been reduced, restricted, or removed.(c) The insurer bears the burden to prove that notice was sent to the named insured in accordance with this section. If the notice is sent through the United States mail, proof of mailing as described in IC 27-7-6-7 is sufficient proof of the notice.(d) The commissioner may adopt rules under IC 4-22-2 to implement this section.As added by P.L.173-2007, SEC.9. Amended by P.L.3-2008, SEC.208; P.L.116-2011, SEC.1; P.L.6-2012, SEC.186; P.L.129-2014, SEC.5.
IN Code § 27-1-13-17 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 13. Casualty, Fire, and Marine Insurance Company Powers and Policy Requirements|27-1-13-17. Residential Policy Restrictions

Sec. 17. (a) This section applies to a policy of insurance that:(1) covers first party loss to property located in Indiana; and(2) insures against loss or damage to:(A) 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(B) personal property in which the named insured has an insurable interest and that is used within a residential dwelling for personal, family, or household purposes.(b) A policy of insurance described in subsection (a) may not be issued, renewed, or delivered to any person in Indiana if the policy limits a policyholder's right to bring an action against an insurer to a period of less than two (2) years from the date of loss.As added by P.L.173-2007, SEC.10.
IN Code § 27-1-15.6-1 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-1. Applicability of Chapter

Sec. 1. This chapter governs the qualifications and procedures for the licensing of insurance producers. This chapter does not apply to surplus lines producers licensed under IC 27-1-15.8 except as specifically provided in this chapter or in IC 27-1-15.8.As added by P.L.132-2001, SEC.3.
IN Code § 27-1-15.6-3 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-3. Required Licensing

Sec. 3. (a) A person shall not sell, solicit, or negotiate insurance in Indiana for any class or classes of insurance unless the person is licensed for that line of authority under this chapter.(b) An insurer shall require a person who sells, solicits, or negotiates insurance in Indiana by any means of communication on behalf of the insurer to be licensed under this chapter.(c) A violation of subsection (b) is deemed an unfair method of competition and an unfair and deceptive act and practice in the business of insurance under IC 27-4-1-4.As added by P.L.132-2001, SEC.3.
IN Code § 27-1-15.6-5 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-5. Licensing Examination

Sec. 5. (a) A resident individual applying for:(1) an insurance producer license;(2) a consultant's license; or(3) a surplus lines producer license;must pass a written examination unless the individual is exempt under section 9 of this chapter.(b) The examination required under subsection (a) must test the knowledge of the individual concerning the:(1) lines of authority for which application is made;(2) duties and responsibilities of a licensee; and(3) insurance laws and administrative rules of Indiana.(c) Examinations required under this section must be developed and conducted under rules adopted by the commissioner.(d) The commissioner may make arrangements, including contracting with an outside testing service, for administering examinations, collecting the nonrefundable examination fee as established by contract with an outside testing service, or collecting the nonrefundable licensure fee set forth in section 32 of this chapter.(e) An individual who fails to appear for the examination required under subsection (a) as scheduled or who fails to pass the examination must reapply for an examination and remit all required fees and forms before being rescheduled for another examination.As added by P.L.132-2001, SEC.3. Amended by P.L.1-2002, SEC.105.
IN Code § 27-1-15.6-6 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-6. Application for Resident Insurance Producer

Sec. 6. (a) A person applying for a resident insurance producer license shall make application to the commissioner on the uniform application and declare under penalty of refusal, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of the individual's knowledge and belief.(b) Before approving an application submitted under subsection (a), the commissioner must find that the individual meets the following requirements:(1) Is at least eighteen (18) years of age.(2) Has not committed any act that is a ground for denial, suspension, or revocation under section 12 of this chapter.(3) Has completed, if required by the commissioner, a certified prelicensing course of study for the lines of authority for which the individual has applied.(4) Has paid the nonrefundable fee set forth in section 32 of this chapter.(5) Has successfully passed the examinations for the lines of authority for which the individual has applied.(c) An applicant for a resident insurance producer license must file with the commissioner on a form prescribed by the commissioner a certification of completion certifying that the applicant has completed an insurance producer program of study certified by the commissioner under IC 27-1-15.7-5 not more than six (6) months before the application for the license is received by the commissioner. This subsection applies only to licensees seeking qualification in the lines of insurance described in sections 7(a)(1) through 7(a)(6) and 7(a)(8) of this chapter.(d) A business entity, before acting as an insurance producer, is required to obtain an insurance producer license. The application submitted by a business entity under this subsection must be made using the uniform business entity application. Before approving the application, the commissioner must find that the business entity has:(1) paid the fees required under section 32 of this chapter; and(2) designated an individual licensed producer responsible for the business entity's compliance with the insurance laws and administrative rules of Indiana.(e) The commissioner may require any documents reasonably necessary to verify the information contained in an application submitted under this subsection.(f) An insurer that sells, solicits, or negotiates any form of limited line credit insurance shall provide a program of instruction approved by the commissioner to each individual whose duties will include selling, soliciting, or negotiating limited line credit insurance.As added by P.L.132-2001, SEC.3. Amended by P.L.1-2002, SEC.106; P.L.64-2004, SEC.23.
IN Code § 27-1-15.6-7.3 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-7.3. Insurance Producer Frameable Certificates

Sec. 7.3. (a) The commissioner may design or have designed an insurance producer certificate suitable for framing and display.(b) Upon request of an insurance producer, the commissioner may issue a certificate described in subsection (a).(c) The commissioner may impose and collect a reasonable fee for a certificate issued under subsection (b).(d) The commissioner shall establish guidelines to implement this section.As added by P.L.173-2007, SEC.11. Amended by P.L.3-2008, SEC.209; P.L.81-2019, SEC.19.
IN Code § 27-1-15.6-8 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-8. Nonresident Producer License

Sec. 8. (a) Unless denied licensure under section 12 of this chapter, a nonresident person shall receive a nonresident producer license if:(1) the person is currently licensed as a resident and in good standing in the person's home state;(2) the person has submitted the proper request for licensure and has paid the fees required under section 32 of this chapter;(3) the person has submitted or transmitted to the commissioner:(A) the application for licensure that the person submitted to the person's home state; or(B) a completed uniform application; and(4) the person's home state awards non-resident producer licenses to residents of Indiana on the same basis as non-resident producer licenses are awarded to residents of other states under this chapter.(b) The commissioner may verify a producer's licensing status through the centralized insurance producer license registry described in section 7 of this chapter.(c) A:(1) person who holds an Indiana nonresident producer's license and moves from one state to another state; or(2) resident producer who moves from Indiana to another state;shall file a change of address with the Indiana department of insurance and provide certification from the new resident state not more than thirty (30) days after the change of legal residence. No fee or license application is required under this subsection.(d) Notwithstanding any other provision of this chapter, a person licensed as a surplus lines producer in the person's home state shall receive a nonresident surplus lines producer license under subsection (a). Except as provided in subsection (a), nothing in this section otherwise amends or supercedes IC 27-1-15.8.(e) Notwithstanding any other provision of this chapter, a person who is not a resident of Indiana and who is licensed as a limited lines credit insurance producer or another type of limited lines producer in the person's home state shall, upon application, receive a nonresident limited lines producer license under subsection (a) granting the same scope of authority as is granted under the license issued by the person's home state.(f) Notwithstanding any other provision of this chapter, a nonresident producer who receives a nonresident producer license under this section shall maintain licensure in good standing in the nonresident producer's home state.(g) If a nonresident producer fails to maintain licensure in good standing in the nonresident producer's home state, the commissioner may:(1) in the commissioner's sole discretion;(2) without a hearing; and(3) in addition to any other sanction allowed by law;suspend any Indiana insurance producer license held by the nonresident producer until the commissioner receives notice from the nonresident producer's home state that the home state license is in effect.As added by P.L.132-2001, SEC.3. Amended by P.L.72-2016, SEC.9; P.L.124-2018, SEC.36.
IN Code § 27-1-15.6-8.2 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-8.2. Designated Home State License

Sec. 8.2. (a) Unless denied licensure under section 12 of this chapter, a person that is not a resident of Indiana shall receive a designated home state license if:(1) the person has requested licensure in Indiana for a line of authority for which licensure is not required in the person's home state;(2) the person has submitted the proper request for licensure and has paid the fees required under section 32 of this chapter;(3) the person has submitted or transmitted to the commissioner a completed uniform application; and(4) the person has complied with the prelicensing and continuing education requirements that apply to an insurance producer that:(A) is a resident of Indiana; and(B) applies for the line of authority described in subdivision (1).(b) The commissioner may verify an insurance producer's licensing status through the centralized insurance producer license registry described in section 7 of this chapter.(c) A person that holds a designated home state license and moves from one state to another state shall file a change of address with the department and provide certification from the new resident state not more than thirty (30) days after the change of legal residence. No fee or license application is required under this subsection.(d) A person that:(1) holds a designated home state license; and(2) becomes a resident of a state that requires licensure for the line of authority for which the person holds the designated home state license;shall become licensed for the line of authority in the new state of residence and notify the commissioner of the new licensure.(e) Upon receiving notice of new licensure under subsection (d), the commissioner shall transfer the person's designated home state license to a nonresident producer license under section 8 of this chapter.As added by P.L.146-2015, SEC.22. Amended by P.L.124-2018, SEC.37.
IN Code § 27-1-15.6-10 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-10. Use of Assumed Name

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.
IN Code § 27-1-15.6-11 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-11. Temporary Insurance Producer License

Sec. 11. (a) If the commissioner considers the issuance of a temporary license necessary for the servicing of an insurance business, the commissioner, without requiring an examination, may issue a temporary insurance producer license for a period of not more than one hundred eighty (180) days to any of the following:(1) To the surviving spouse or court-appointed personal representative of a licensed individual insurance producer who dies or becomes mentally or physically disabled:(A) to allow adequate time for the sale of the insurance business owned by the producer;(B) to provide for the servicing of the insurance business until the recovery or return of the producer to the business; or(C) to provide for the training and licensing of new personnel to operate the producer's business.(2) To a member or employee of a business entity licensed as an insurance producer, upon the death or disability of an individual designated in the business entity application or the license.(3) To the designee of a licensed individual insurance producer entering active service in the armed forces of the United States of America.(4) To an individual in any other circumstance where the commissioner considers the public interest to be best served by the issuance to the individual of a temporary insurance producer license.(b) The commissioner may by order limit the authority of a temporary licensee in any way considered necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for all acts of the temporary licensee and may impose other, similar requirements designed to protect insureds and the public.(c) The commissioner may by order revoke a temporary insurance producer license if the interest of insureds or the public are endangered. A temporary insurance producer license issued under subsection (a)(1)(A) expires at the time the owner or the personal representative disposes of the business.As added by P.L.132-2001, SEC.3.
IN Code § 27-1-15.6-13 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-13. No Consideration Given to Unlicensed Sellers

Sec. 13. (a) An insurance company or insurance producer shall not pay a commission, service fee, brokerage fee, or other valuable consideration to a person for selling, soliciting, or negotiating insurance in Indiana if the person is required to be licensed under this chapter and is not licensed.(b) A person shall not accept a commission, service fee, brokerage fee, or other valuable consideration for selling, soliciting, or negotiating insurance in Indiana if the person is required to be licensed under this chapter and is not licensed.(c) Renewal commissions or other deferred commissions may be paid to a person for selling, soliciting, or negotiating insurance in Indiana if the person was required to be licensed under this chapter and was licensed at the time of the sale, solicitation, or negotiation.(d) An insurer or insurance producer may pay or assign commissions, service fees, brokerage fees, or other valuable consideration to an insurance agency or to a person who does not sell, solicit, or negotiate insurance in Indiana, unless the payment would violate IC 27-1-20-30.As added by P.L.132-2001, SEC.3.
IN Code § 27-1-15.6-13.5 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-13.5. Applicability; Disclosure to Policyholder or Subscriber; Copy of Written Notification; Exclusion

Sec. 13.5. (a) This section applies only to the following:(1) A group policy of accident and sickness insurance, as defined in IC 27-8-5-1. However, this section does not apply to the types of insurance and coverage described in IC 27-8-5-2.5(a).(2) A group health maintenance organization contract entered into under IC 27-13.(b) Except as provided in subsection (e), an insurer that issues an insurance policy or a health maintenance organization that enters into a health maintenance organization contract shall disclose to the policyholder or subscriber in a separate written notification:(1) any commission, service fee, or brokerage fee that has been or will be paid to an insurance producer for selling, soliciting, or negotiating the policy or contract; and(2) whether the amount disclosed under subdivision (1) is based on a percentage of total plan premiums or a flat per member fee.(c) An insurer or health maintenance organization shall provide a copy of the written notification described in subsection (b) to the policyholder or subscriber:(1) when the insurance policy is issued or the contract is entered into; and(2) each time the insurance policy or contract is renewed.(d) Each copy of a written notification described in subsection (b) must include a signature line on which the policyholder may sign to acknowledge receiving the written notification.(e) This section does not require the disclosure to the policyholder of a commission, service fee, or brokerage fee in connection with the issuance of an insurance policy if a federal law or regulation requires disclosure of the commission, service fee, or brokerage fee to the policyholder.As added by P.L.50-2020, SEC.4.
IN Code § 27-1-15.6-14 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-14. Insurance Producer Acting as Agent of Insurer

Sec. 14. An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed producer of the insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.As added by P.L.132-2001, SEC.3.
IN Code § 27-1-15.6-16 (2021)
2021 Indiana Code|Title 27. Insurance|Article 1. Department of Insurance|Chapter 15.6. Insurance Producers|27-1-15.6-16. Nonresident License Applicant With License From Other State

Sec. 16. (a) The commissioner shall waive any requirements, except the requirements imposed by section 8 of this chapter, for a nonresident license applicant with a valid license from the applicant's home state if the applicant's home state awards nonresident licenses to residents of Indiana on the same basis.(b) A nonresident producer's satisfaction of the nonresident producer's home state's continuing education requirements for licensed insurance producers also satisfies Indiana's continuing education requirements if the non-resident producer's home state recognizes the satisfaction of the non-resident producer's home state's continuing education requirements imposed upon producers from Indiana on the same basis.As added by P.L.132-2001, SEC.3.