Payment to insurer upon receipt of loss report

Sec. 12. The commissioner shall pay an insurer all amounts due under section 9(a)(4) of this chapter within ninety (90) days after receiving a loss report. The commissioner shall require that each loss report include: (1) an itemized statement of the damage, repairs made, and the cost of each repair; and (2) any other documentation the commissioner believes will substantiate the reported loss. As added by P.L.164-1986, SEC.1.