Title 27, INSURANCE

Sec. 14. The department shall adopt rules under IC 4-22-2 necessary to carry out this chapter. As added by P.L.128-1992, SEC.2.

Sec. 2. As used in this chapter, "department" refers to the department of insurance. As added by P.L.128-1992, SEC.2.

Sec. 3. As used in this chapter, "enrollee" means an individual who has contracted for or who participates in coverage under an insurance policy, a health maintenance organization contract, or another benefit program providing payment, reimbursement, or indemnification for the co…

Sec. 4. (a) As used in this chapter, "medical claims review" means the determination of the reimbursement to be provided under the terms of an insurance policy, a health maintenance organization contract, or another benefit program providing payment, reimbursement, or indemnifica…

Sec. 4.5. As used in this chapter, "person" means an individual, a corporation, a limited liability company, a partnership, or an unincorporated association. As added by P.L.260-1995, SEC.3.

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…

Sec. 5.2. (a) A person may not act as a claim review consultant concerning health care services delivered to an enrollee in Indiana unless the person holds a certificate of registration issued by the department under this chapter. (b) To obtain a certificate of registration under…

Sec. 6. (a) To remain in effect, a certificate of registration issued under this chapter must be renewed annually. To obtain the renewal of a certificate of registration, a claim review agent or a claim review consultant must submit an application to the commissioner. The applica…

Sec. 7. A claim review agent must satisfy the following minimum requirements: (1) Provide toll free telephone access at least forty (40) hours each week during normal business hours. (2) Maintain a telephone call recording system capable of accepting or recording incoming telepho…

Sec. 8. (a) An insurance company, a health maintenance organization, or another benefit program providing payment, reimbursement, or indemnification for health care costs that contracts with a claim review agent for medical claims review services shall maintain and make available…

Sec. 9. To provide documentation demonstrating that a claim review agent is capable of satisfying the requirement of section 7(6) of this chapter, the claim review agent must provide a signed statement of a provider employed by the claim review agent verifying that determinations…

Sec. 9.5. (a) As used in this section, "data base" means a data base that provides information concerning health care services or amounts charged for health care services. (b) If a claim review agent bases a medical claims review determination concerning a health care service pro…

Sec. 1. A parent company under this article: (1) shall locate its executive offices in Indiana; (2) shall employ at least five hundred (500) persons or a substantial percentage of its workforce in Indiana; (3) shall be organized under the laws of Indiana; and (4) may be: (A) a co…

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.

Sec. 3. (a) The commissioner may, at the expense of a converting mutual that has: (1) filed an application under this article; (2) notified the commissioner of its intention to file an application under this article; or (3) adopted a resolution proposing a simple plan of conversi…

Sec. 4. If a converting mutual complies substantially and in good faith with this article with respect to any required notice to members and policyholders, its failure in any case to give the notice to any person entitled to notice does not: (1) impair the validity of actions tak…

Sec. 5. At any time before the effective date of the plan of conversion, the plan may be abandoned under provisions included in the plan of conversion filed under this article. As added by P.L.94-1999, SEC.3.

Sec. 6. After conversion, the name of the former mutual may not include the term "mutual". As added by P.L.94-1999, SEC.3.

Sec. 1. Any foreign or alien insurance company organized for the purpose of transacting any insurance business, not qualified as of March 8, 1935, to transact business in this state, before transacting business in this state shall procure a certificate of authority from the depar…

Sec. 2. No foreign or alien company shall be admitted for the purpose of transacting any kind or kinds of insurance business in this state, the transaction of which by a domestic company is not permitted by the laws of this state; provided, however, that where a foreign or alien …

Sec. 3. No foreign or alien insurance company shall be admitted to do business in this state having a name which, at the date of such admission, could not be taken by a domestic corporation under the provisions of IC 27-1-6-3, except that the name of a foreign or alien insurance …

Sec. 4. Whenever a foreign or an alien insurance company desires to be admitted to do an insurance business in this state, it shall execute in the English language and present the following to the department, at its office, accompanied by the fees prescribed by law: (1) A copy of…

Sec. 4.2. (a) A foreign or alien insurance company that provides a surety bond that is required or permitted under the law of the United States shall execute a power of attorney in a form prescribed by the department irrevocably appointing the commissioner as the insurance compan…

Sec. 5. (a) Every foreign insurance company authorized to do business in this state shall have, in the case of a stock company, at least the capital and surplus required of a domestic insurance company which makes the same kind or kinds of insurance. (b) Every foreign insurance c…

Sec. 6. Every alien company shall deposit with the department securities of the amount and value of one hundred thousand dollars ($100,000) invested in the classes of securities in which insurance companies are permitted by the laws of this state to make investments, or, satisfy …

Sec. 7. The directors of an alien company may appoint citizens or corporations of the United States, approved by the commissioner, as its trustees to hold funds and assets in trust for the benefit of the policyholders and creditors of the company in the United States. A certified…

Sec. 8. When any foreign or alien insurance company has complied with the provisions of sections 1 through 7 of this chapter, then the commissioner may issue a certificate of authority, pursuant to IC 27-1-3-20, which shall license such foreign or alien insurance company to trans…

Sec. 9. (a) If, upon satisfactory evidence, it appears to the commissioner that any foreign or alien insurance company doing business in this state is in a hazardous financial condition as evidenced by the existence of any conditions indicated by, but not limited to, the followin…

Sec. 1. As used in this chapter, "commissioner" means the insurance commissioner of Indiana. As added by P.L.130-1994, SEC.37 and P.L.116-1994, SEC.48.

Sec. 2. As used in this chapter, "department" means the department of insurance of Indiana. As added by P.L.130-1994, SEC.37 and P.L.116-1994, SEC.48.

Sec. 3. As used in this chapter, "independent insurance producer" means an insurance producer who: (1) represents an insurer in the sale of insurance as an independent contractor rather than as an employee; and (2) is not limited to representing: (A) one (1) insurer; or (B) sever…

Sec. 4. 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.130-1994, SEC.37 and P.L.116-1994, SEC.48…

Sec. 5. (a) This chapter applies to an insurer that obtains a certificate of authority under IC 27-1-3-20 as: (1) a domestic insurer formed under IC 27-1-6; (2) a foreign insurer that has become a domestic insurer under IC 27-1-6.5; or (3) a foreign or an alien insurer under IC 2…

Sec. 6. (a) An insurance company that issues property or casualty insurance shall not discriminate in the appointment of an independent insurance producer on the basis of race, color, national origin, or gender. (b) Except as provided in subsection (c), the department has exclusi…

Sec. 1. This chapter applies to travel insurance: (1) that covers any resident of this state and is sold, solicited, negotiated, or offered in this state; and (2) for which policies and certificates are delivered or issued for delivery in this state. Unless expressly provided in …

Sec. 10. As used in this chapter, "primary certificate holder" means a person who elects and purchases travel insurance under a group policy. As added by P.L.19-2022, SEC.5.

Sec. 11. As used in this chapter, "primary policyholder" means an individual who elects and purchases individual travel insurance. As added by P.L.19-2022, SEC.5.

Sec. 12. As used in this chapter, "travel assistance service" means a noninsurance service for which the purchaser is not indemnified based on a fortuitous event and where providing the service does not result in a transfer or shifting of risk that would constitute the business o…

Sec. 13. As used in this chapter, "travel protection plan" means a plan that provides one (1) or more of the following: (1) Travel insurance. (2) Travel assistance services. (3) Cancellation fee waivers. As added by P.L.19-2022, SEC.5.

Sec. 14. (a) A travel insurer shall pay premium tax, as provided in IC 27-1-18-2, on travel insurance premiums paid by: (1) an individual primary policyholder who is a resident of this state; (2) a primary certificate holder who is a resident of this state and elects coverage und…

Sec. 15. A travel protection plan that offers combined features may be offered for one (1) price in this state if: (1) the travel protection plan clearly discloses to the consumer, at or prior to the time of purchase, that the plan includes travel insurance, travel assistance ser…

Sec. 16. (a) Except as otherwise provided in this section, a person offering travel insurance to residents of this state is subject to IC 27-4-1. In the event of a conflict between this chapter and other provisions of this title regarding the sale and marketing of travel insuranc…

Sec. 17. (a) All documents provided to consumers prior to the purchase of travel insurance, including sales materials, advertising materials, and marketing materials, must be consistent with the travel insurance policy itself, including forms, endorsements, policies, rate filings…

Sec. 18. (a) Notwithstanding any other provision of this title, a person may not act or represent itself as a travel administrator for travel insurance in this state unless the person: (1) is a licensed property and casualty insurance producer in this state for activities permitt…

Sec. 19. (a) Notwithstanding any other provision of this title, travel insurance is classified and filed for purposes of rates and forms under an inland marine line of insurance. However, travel insurance that provides coverage for sickness, accident, disability, or death occurri…

Sec. 2. (a) The definitions in IC 27-1-15.6-2 apply throughout this chapter. (b) All other applicable provisions of this title continue to apply to travel insurance, except that specific provisions of this chapter supersede any general provisions of law that would otherwise be ap…