Title 27, INSURANCE

Sec. 3. (a) The application for license, in addition to the matters set out in section 1 of this chapter, to serve as a bail agent must affirmatively show that: (1) the applicant is at least eighteen (18) years of age and is of good moral character; (2) the applicant has never be…

Sec. 4. (a) A license fee of six hundred fifty dollars ($650) and an examination fee of one hundred dollars ($100) must be submitted to the commissioner with each application for the issuance of a bail agent's license. (b) An applicant for a bail agent's license must also furnish…

Sec. 5. In addition to the requirements prescribed in section 1 of this chapter, an applicant for a license to serve as a recovery agent must affirmatively show that: (1) the applicant is at least eighteen (18) years of age; (2) the applicant is a citizen of the United States and…

Sec. 6. (a) The applicant for a bail agent's or recovery agent's license shall be required to appear in person and take a written examination prepared by the commissioner testing the applicant's ability and qualifications to be a bail agent or recovery agent. (b) An applicant is …

Sec. 7. (a) A renewal license shall be issued by the commissioner to a licensee who: (1) has continuously maintained a license in effect; (2) pays a renewal fee of: (A) three hundred dollars ($300) for bail agents; and (B) three hundred dollars ($300) for recovery agents; (3) has…

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 annuall…

Sec. 8. (a) The commissioner shall deny, suspend, revoke, or refuse to renew any license issued under this article for any of the following causes: (1) Any cause for which issuance of the license could have been refused had it then existed and been known to the commissioner. (2) …

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

Sec. 1. (a) A society shall specify in its laws or rules: (1) eligibility standards for each and every class of membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than age fifteen (15) and not…

Sec. 2. (a) The principal office of any domestic society shall be located in this state. The meetings of its supreme governing body may be held in any state, district, province, or territory where the society has at least one (1) subordinate lodge, or in another location as deter…

Sec. 3. (a) The officers and members of the supreme governing body or any subordinate body of a society are not personally liable for any benefits provided by a society. (b) Any person may be indemnified and reimbursed by any society for expenses reasonably incurred by and liabil…

Sec. 4. The laws of the society may provide that no subordinate body nor any of its subordinate officers or members shall have the power or authority to waive any of the provisions of the laws of the society. The provision shall be binding on the society and every member and bene…

Sec. 1. After receiving a completed application, the commissioner shall issue a certificate of authority to operate a health maintenance organization to the applicant if: (1) the application fee is received by the commissioner; and (2) the commissioner is satisfied that the follo…

Sec. 1.5. (a) Except as provided in subsection (b), a completed application for a certificate of authority is considered approved one hundred twenty (120) days after the completed application is submitted to the commissioner. (b) If the commissioner issues an order under IC 27-13…

Sec. 2. An application for a certificate of authority may be denied only after the commissioner complies with the requirements set forth in IC 27-13-24. As added by P.L.26-1994, SEC.25.

Sec. 1. After the adoption by the board of directors of the resolution proposing the plan of conversion under IC 27-15-2 and the amendment to its articles of incorporation, the converting mutual shall file with the commissioner an application for approval of the plan and amendmen…

Sec. 2. The application must contain the following information, together with such additional information as the commissioner may require: (1) The plan of conversion and a certificate of the secretary of the converting mutual certifying the adoption of the plan by the board of di…

Sec. 3. Notwithstanding section 2 of this chapter, the opinion described in section 2(10) of this chapter is not required under this chapter if the converting mutual utilizes a simple plan of conversion. As added by P.L.94-1999, SEC.3.

Sec. 4. The actuarial opinion required by this chapter shall be: (1) provided and signed by a qualified and independent actuary who is a member of the American Academy of Actuaries; (2) given in accordance with professional standards and practices generally accepted by the actuar…

Sec. 1. This article and a professional employer agreement do not affect, modify, or amend: (1) a collective bargaining agreement; or (2) rights or obligations of a client, PEO, or covered employee under: (A) the federal National Labor Relations Act (29 U.S.C. 151 et seq.); (B) t…

Sec. 2. This article and a professional employer agreement do not do the following: (1) Diminish, abolish, or remove the obligations of a client to a covered employee that exist before the effective date of the professional employer agreement. (2) Affect, modify, or amend a contr…

Sec. 3. (a) This article and a professional employer agreement do not affect, modify, or amend a federal, state, or local: (1) license; (2) registration; or (3) certification; requirement that applies to a client or covered employee. (b) The following apply to a federal, state, o…

Sec. 4. (a) For purposes of the determination of tax credits and other economic incentives: (1) provided by the state or another governmental entity; and (2) based on employment; a covered employee is considered an employee solely of the client. (b) A client is entitled to the be…

Sec. 5. With respect to a bid, a contract, a purchase order, or an agreement entered into with the state or a political subdivision of the state, a client's status or certification as a: (1) small, minority owned, disadvantaged, or woman owned business enterprise; or (2) historic…

Sec. 1. (a) The department may examine or investigate the business and affairs of a discount medical card program organization. (b) The department may: (1) order a discount medical card program organization or applicant for registration under IC 27-17-2 to produce records, books,…

Sec. 2. A discount medical card program organization's failure to: (1) comply with an action of the department under section 1 of this chapter; or (2) pay expenses incurred under section 1 of this chapter; is grounds for denial or revocation of a registration issued under IC 27-1…

Sec. 3. A program provider is subject to IC 27-1-3.1. As added by P.L.73-2006, SEC.3.

Sec. 1. This chapter applies to a health benefit exchange operating in Indiana. As added by P.L.278-2013, SEC.27.

Sec. 1.5. The commissioner shall have the authority to do the following: (1) Establish any program, promulgate any rule, policy, guideline, or plan, or change any program, rule, policy, or guideline to: (A) implement; (B) establish; (C) create; (D) administer; or (E) otherwise op…

Sec. 2. (a) The commissioner and the department may implement and enforce the insurance law of this state in connection with a health benefit exchange. (b) A law of this state concerning a health benefit exchange does not preempt or supersede the authority of the commissioner or …

Sec. 3. (a) The secretary, the administrator, and the CHIP office may implement and enforce the social services law of this state in connection with a health benefit exchange. (b) A law of this state concerning a health benefit exchange does not preempt or supersede the authority…

Sec. 1. (a) This chapter supplements the requirements set forth for a standard company in IC 27-5.1-2. (b) A standard company may not insure a policyholder of the farm mutual insurance company: (1) against loss to a motor vehicle owned by the policyholder from peril; (2) against …

Sec. 2. A standard company that is issued a certificate of authority under this article may: (1) perform the business of insurance on: (A) an assessable; (B) a mutual; and (C) a nonprofit; basis; (2) insure the property of policyholders of the standard company against loss or dam…

Sec. 3. (a) A standard company may not insure property located outside the standard company's territory, as described in the standard company's articles of incorporation, unless the standard company meets the following requirements for expansion: (1) A standard company with annua…

Sec. 4. A standard company may issue an insurance policy insuring against loss or damage to property of a policyholder of the standard company from the perils specified in section 2 of this chapter in a county located in Indiana if the standard company maintains a policyholder su…

Sec. 5. (a) A standard company shall, not later than March 1, prepare and file with the commissioner an annual statement: (1) that is on a form prescribed by the commissioner; (2) that is verified by an affidavit of the: (A) president; and (B) secretary; of the board of the stand…

Sec. 1. (a) Subject to subsection (c), a reorganized insurer may issue shares of any class or type of stock permitted under this title. (b) Subject to subsection (c), an intermediate stock holding company may issue any class or type of stock permitted by the law under which the i…

Sec. 2. A plan to issue stock under this chapter must be adopted: (1) by a vote of not less than two-thirds (2/3) of the members of the board of directors of the mutual insurance company; or (2) in the case of a plan to issue shares of stock that is not concurrent with the format…

Sec. 3. A board of directors that adopts a plan to issue stock under this chapter may amend or withdraw the plan at any time before the effective date by a vote of not less than two-thirds (2/3) of the members of the board of directors. However, after the commissioner has approve…

Sec. 4. Not later than ninety (90) days after the adoption of a plan to issue stock, the reorganized insurer or intermediate stock holding company adopting the plan must file with the commissioner an application that contains the following: (1) A proposed plan to issue stock. (2)…

Sec. 5. A plan to issue stock that is filed with the commissioner under this chapter must do the following: (1) Describe the reasons for and the purposes of the proposed issuance of shares of stock. (2) Require that, after the effective date, the mutual insurance holding company …

Sec. 6. A plan to issue stock in a public offering (other than an offering in a private placement or solely in connection with a consolidation, merger, share exchange, or other business combination or an offering of stock in connection with an employee benefit plan or under a sto…

Sec. 7. A reorganized insurer or intermediate stock holding company may offer and sell voting capital stock without complying with sections 2 through 6 of this chapter if the board of directors of the reorganized insurer or intermediate stock holding company approves the offer an…

Sec. 8. A mutual insurance holding company and its subsidiaries and affiliates may not do any of the following: (1) Lend funds to any person to finance the purchase of stock in a stock offering by a mutual insurance holding company or any of its subsidiaries. (2) Pay commissions,…

Sec. 9. (a) This section does not apply to the payment of dividends, savings, or unabsorbed premium deposits allowed or returned as set forth in IC 27-7-2-37.5 or other similar programs permitted or filed in other states. (b) The reorganized insurer must obtain approval by the co…