Title 27, INSURANCE

Sec. 6. (a) Any foreign or alien corporation admitted to do business in this state may withdraw from this state by surrendering its certificate of authority and by filing with the department, accompanied by the fees prescribed by law, a statement of withdrawal setting forth: (1) …

Sec. 1. (a) As used in this chapter, "asset acquisition" includes every purchase, lease, exchange, merger, consolidation, succession, or other acquisition. (b) The term does not include the construction on or development of real property by or for the reporting insurer or the acq…

Sec. 10. (a) Except as provided in subsections (b) and (c), any report obtained by or disclosed to the commissioner under this chapter: (1) shall be confidential information; and (2) shall not, without the prior written consent of the insurer to which it pertains, be: (A) subject…

Sec. 11. The following information must be disclosed in any report of a material asset acquisition or asset disposition: (1) The date of the transaction. (2) The manner of the asset acquisition or asset disposition. (3) A description of the assets involved. (4) The nature and amo…

Sec. 12. (a) Insurers must report material acquisitions and dispositions on a nonconsolidated basis unless the insurer is part of a consolidated group of insurers that uses a pooling arrangement or one hundred percent (100%) reinsurance agreement that affects the solvency and int…

Sec. 13. The following information must be disclosed on a nonconsolidated basis in any report of a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement: (1) The effective date of the nonrenewal, cancellation, or revision. (2) The description of the tran…

Sec. 14. (a) An insurer must report all material nonrenewals, cancellations, or revisions of ceded reinsurance agreements on a nonconsolidated basis unless: (1) the insurer is part of a consolidated group of insurers that uses a: (A) pooling arrangement; or (B) one hundred percen…

Sec. 2. As used in this chapter, "asset disposition" includes every sale, lease, exchange, merger, consolidation, mortgage, hypothecation, assignment (whether for the benefit of creditors or otherwise), abandonment, destruction, or other disposition. As added by P.L.251-1995, SEC…

Sec. 3. As used in this chapter, "domicile" means the following: (1) For a corporation, the state in which the purchasing group is incorporated. (2) For an unincorporated entity, the state of its principal place of business. As added by P.L.251-1995, SEC.17.

Sec. 4. As used in this chapter, "material acquisition" means an asset acquisition or a series of related asset acquisitions during any thirty (30) day period that: (1) is nonrecurring; (2) is not in the normal course of business; and (3) involves more than five percent (5%) of t…

Sec. 5. As used in this chapter, "material disposition" means an asset disposition or a series of related asset dispositions during any thirty (30) day period that: (1) is nonrecurring; (2) is not in the normal course of business; and (3) involves more than five percent (5%) of t…

Sec. 6. (a) As used in this chapter, "material nonrenewal, cancellation, or revision of a ceded reinsurance agreement" has the following meanings: (1) When used in connection with property and casualty business, including accident and sickness insurance business written by a prop…

Sec. 7. (a) Except as provided in subsection (b), an insurer domiciled in Indiana shall file a report with the commissioner disclosing: (1) a material acquisition; (2) a material disposition; and (3) a material nonrenewal, cancellation, or revision of a ceded reinsurance agreemen…

Sec. 8. The report required in section 7 of this chapter must be filed not later than fifteen (15) days after the end of the calendar month in which the transaction that requires the filing occurred. As added by P.L.251-1995, SEC.17.

Sec. 9. One (1) complete copy of the report, including any exhibits or other attachments filed with the report, shall be filed with the department. As added by P.L.251-1995, SEC.17. Amended by P.L.81-2012, SEC.20.

Sec. 1. As used in this chapter, "contracting entity" means a dental carrier, a third party administrator, or another person that enters into a provider network contract with providers for the delivery of dental services in the ordinary course of business. As added by P.L.17-2024…

Sec. 10. (a) As used in this chapter, "third party" means a person that enters into a contract with a contracting entity or another third party to gain access to: (1) a provider network contract; (2) dental services provided pursuant to a provider network contract; or (3) contrac…

Sec. 11. (a) This section applies if a contracting entity seeks to grant a third party access to: (1) a provider network contract; (2) dental services provided pursuant to a provider network contract; or (3) contractual discounts provided pursuant to a provider network contract. …

Sec. 12. A contracting entity that is a party to a provider network contract with a provider that chooses under section 11(b)(1)(A) of this chapter not to participate in third party access shall not alter the provider's rights or status under the provider network contract because…

Sec. 13. A contracting entity that is a party to a provider network contract shall notify a third party granted third party access as described in section 11(a) of this chapter of the termination of the provider network contract not more than thirty (30) days after the date of th…

Sec. 14. The right of a third party to contractual discounts described in section 11(a)(3) of this chapter ceases as of the termination date of the provider network contract. As added by P.L.17-2024, SEC.19.

Sec. 15. A contracting entity that is a party to a provider network contract shall make a copy of the provider network contract relied on in the adjudication of a claim available to a participating provider not more than thirty (30) days after the date of the participating provid…

Sec. 16. When entering into a provider network contract with providers, a contracting entity shall not reject a provider as a party to the provider network contract because the provider chooses or has chosen under section 11(b)(1)(A) of this chapter not to participate in third pa…

Sec. 17. (a) Section 11 of this chapter does not apply to access as described in section 11(a) of this chapter if granted by a contracting entity to: (1) a dental carrier or other entity operating in accordance with the same brand licensee program as the contracting entity; (2) a…

Sec. 18. The provisions of this chapter cannot be waived by contract. A contract provision that: (1) conflicts with this chapter; or (2) purports to waive any requirements of this chapter; is null and void. As added by P.L.17-2024, SEC.19.

Sec. 19. (a) If a person violates this chapter, the insurance commissioner may enter an order requiring the person to cease and desist from violating this chapter. (b) If a person violates a cease and desist order issued under subsection (a), the insurance commissioner, after not…

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.

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…

Sec. 4. (a) As used in this chapter, "dental plan" means any of the following: (1) A policy issued by an insurer (as defined in IC 27-1-2-3(x)) that provides coverage for dental services. (2) A contract under which a health maintenance organization (as defined in IC 27-13-1-19) p…

Sec. 5. (a) As used in this chapter, "dental service" means any service provided by a dentist within the scope of the dentist's licensure under IC 25-14. (b) The term does not include a service delivered by a provider that is billed as a medical expense. As added by P.L.17-2024, …

Sec. 6. As used in this chapter, "health insurer" means: (1) an insurer that issues policies of accident and sickness insurance (as defined in IC 27-8-5-1); or (2) a health maintenance organization (as defined in IC 27-13-1-19). As added by P.L.17-2024, SEC.19.

Sec. 7. As used in this chapter, "person" means an individual, a corporation, a limited liability company, a partnership, or any other legal entity. As added by P.L.17-2024, SEC.19.

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 hospita…

Sec. 9. As used in this chapter, "provider network contract" means a contract between a contracting entity and one (1) or more providers: (1) that establishes a network through which the providers: (A) provide dental services to covered individuals; and (B) are compensated for pr…

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.

Sec. 2. As used in this chapter, "charitable entity" means an entity that is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code (26 U.S.C. 501(c)(3)). As added by P.L.129-1992, SEC.1. Amended by P.L.124-2018, SEC.83.

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.

Sec. 4. (a) A charitable entity may: (1) purchase; (2) own; or (3) be transferred ownership of; a life insurance policy on the life of an individual if the individual consents to the charitable entity's purchase or ownership of the policy. (b) A charitable entity that purchases o…

Sec. 5. A life insurance company that is requested to: (1) issue a life insurance policy; or (2) transfer ownership of a life insurance policy; to an entity that is purported to be a charitable entity has no obligation to inquire into the legal status of that entity under any law…

Sec. 6. A life insurance company is entitled to rely on the representations made in apparent good faith by the owner or putative owner of a life insurance policy for the purpose of inducing the life insurance company to accept an entity as the owner or beneficiary of the life ins…