Title 27, INSURANCE

Sec. 3. The corporators shall submit the title or name of the proposed corporation to the state comptroller, who shall approve the same, provided it indicates the object or purpose for which the corporation is formed, and does not too closely resemble a title in use. Before appro…

Sec. 4. Before the charter is granted to such a corporation, it shall file its statement, sworn to by at least two (2) of its executive officers, with the proper state officers, showing that application has been made for not less than two hundred thousand dollars ($200,000) insur…

Sec. 5. Assessment notices sent to members by any such an association shall state the object for which the money to be collected from the insured is intended, and no part of the proceeds of any assessment shall be applied to any other purpose than the stated purpose for which it …

Sec. 6. A policy or certificate issued by any such an association shall be exempt from the valuation based upon the American Experience Table, or any other table of mortality, in consequence of such association conducting its business on the plan of assessing members, and such po…

Sec. 7. No corporation, association, or society organized under the provisions of this chapter shall issue endowment certificates or policies undertaking or promising to pay members during life, except for accident or temporary illness, any stipulated sum of money. The expenses o…

Sec. 8. Any corporation, association, or society carrying on the business of life or accident insurance on the assessment plan shall submit annually, on or before February 28, under oath, to the insurance commissioner a detailed statement of assets, liabilities, insurance in forc…

Sec. 1. Proceedings under this article apply to the following: (1) All insurers who are doing, or who have done, insurance business in Indiana, and against whom claims arising from that business may exist. (2) All insurers who purport to do insurance business in Indiana. (3) All …

Sec. 2. As used in IC 27-9: (a) "Ancillary state" means any state other than a domiciliary state. (b) "Collateral", for purposes of IC 27-9-3-34.5, means cash, a letter of credit, a surety bond, or another form of security posted by an insured, a captive insurer, or reinsurer, to…

Sec. 3. (a) A delinquency proceeding under this chapter may only be commenced by the commissioner. A court may not entertain, hear, or determine a proceeding commenced by any other person. (b) A court may not entertain, hear, or determine any complaint requesting: (1) the dissolu…

Sec. 3.5. Notwithstanding the Indiana rules of trial procedure or other law to the contrary, an automatic change of judge or change of venue from the Marion County circuit court may not be granted in any action brought by or against a receiver appointed in a proceeding under this…

Sec. 4. (a) A receiver appointed in a proceeding under IC 27-9 may at any time apply for, and any court with general jurisdiction may grant, restraining orders, preliminary and permanent injunctions, and other orders as considered necessary and proper to prevent any of the follow…

Sec. 5. (a) An officer, manager, director, trustee, owner, employee, or insurance producer of any insurer, or any other persons with authority over or in charge of any segment of the insurer's affairs, shall cooperate with the commissioner in any proceeding under IC 27-9 or any i…

Sec. 6. In any proceeding under IC 27-9, the commissioner and his deputies are responsible on their official bonds for the faithful performance of their duties. If the court considers it desirable for the protection of the insurer's assets, the court may at any time require an ad…

Sec. 0.3. Licenses issued before September 1, 1985, under IC 35-4-5 (before its repeal) remain valid and may be renewed under this article, subject to this article. As added by P.L.220-2011, SEC.455.

Sec. 1. The definitions in this chapter apply throughout this article. As added by P.L.261-1985, SEC.1.

Sec. 10. "Surety" means any person who satisfies the qualifications of IC 27-10-2-4 and who agrees to pay the bond in the event the defendant fails to appear in court at the scheduled date and time. As added by P.L.261-1985, SEC.1.

Sec. 11. "Transfer fee" means a service charge made by an insurer, in addition to the premium, when a bond is executed by an agent of the insurer for another agent in a different jurisdiction. As added by P.L.261-1985, SEC.1.

Sec. 2. "All lines fire and casualty insurance producer" means an insurance producer who holds a valid license issued by the department of insurance to engage in the writing and transacting of all of the following lines and kinds of insurance: (1) Property insurance. (2) Casualty…

Sec. 4. "Bail agent" means a person who has been: (1) approved by the commissioner; and (2) appointed by an insurer by power of attorney; to execute or countersign bail bonds for the insurer in connection with judicial proceedings for which the person receives a premium. As added…

Sec. 4.3. "Bureau" refers to the child support bureau established by IC 31-25-3-1. As added by P.L.23-1996, SEC.25. Amended by P.L.145-2006, SEC.166.

Sec. 5. "Commissioner" means the insurance commissioner. As added by P.L.261-1985, SEC.1.

Sec. 5.5. "Delinquent" means at least: (1) two thousand dollars ($2,000); or (2) three (3) months; past due on payment of court ordered child support. As added by P.L.23-1996, SEC.26.

Sec. 6. "Disqualifying offense" means: (1) a felony; or (2) a misdemeanor if an element of the offense involves dishonesty, violence, or a deadly weapon. As added by P.L.261-1985, SEC.1.

Sec. 7. "Insurer" means any domestic, foreign, or alien surety company which has qualified generally to transact surety business under the requirements of this title and specifically to transact bail bond business in this state. As added by P.L.261-1985, SEC.1. Amended by P.L.149…

Sec. 7.5. "License" has the meaning set forth in IC 25-1-2-6. As added by P.L.23-1996, SEC.27.

Sec. 8. "Premium" means: (1) currency issued by the United States of America paid to a bail agent prior to the execution of a bail bond; (2) a check delivered to a bail agent prior to the execution of the bail bond that must be: (A) properly payable when delivered; and (B) deposi…

Sec. 9. "Recovery agent" means a person who is offered or given any compensation by a bail agent or surety in exchange for assisting the bail agent or surety in apprehending or surrendering any defendant or keeping a defendant under necessary surveillance. This does not affect th…

Sec. 0.3. (a) Any incorporated society authorized to transact business in Indiana under IC 27-1-14 (before its repeal) on December 31, 1985, is not required to reincorporate under this article. (b) Societies described in subsection (a) may continue to transact business until Apri…

Sec. 1. This article applies to any incorporated society, order, or supreme lodge without capital stock, whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not-for-profit, operated on a lodge system with ritualistic form of wo…

Sec. 10. "Rules" means all rules, regulations, or resolutions adopted by the supreme governing body or board of directors that are intended to have general application to the members of the society. As added by P.L.262-1985, SEC.1.

Sec. 11. "Society" refers to a fraternal benefit society to which this article applies, according to section 1 of this chapter. As added by P.L.262-1985, SEC.1.

Sec. 2. The definitions in this chapter apply throughout this article. As added by P.L.262-1985, SEC.1.

Sec. 3. "Benefit contract" means the agreement for provision of benefits authorized by IC 27-11-6-1, as that agreement is described in IC 27-11-6-4. As added by P.L.262-1985, SEC.1.

Sec. 4. "Benefit member" means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract. As added by P.L.262-1985, SEC.1.

Sec. 5. "Certificate" means the document issued as written evidence of the benefit contract. As added by P.L.262-1985, SEC.1.

Sec. 6. "Commissioner" refers to the insurance commissioner of this state. As added by P.L.262-1985, SEC.1.

Sec. 7. "Laws" means the society's articles of incorporation, constitution, and bylaws, however designated. As added by P.L.262-1985, SEC.1.

Sec. 8. "Lodge" means a subordinate member unit of the society, whether known as a camp, court, council, branch, or by any other designation. As added by P.L.262-1985, SEC.1.

Sec. 9. "Premiums" includes rates, dues, or other required contributions by whatever name known that are payable under the certificate. As added by P.L.262-1985, SEC.1.

Sec. 1. The definitions in this chapter apply throughout this article. As added by P.L.26-1994, SEC.25.

Sec. 10. "Covered by a health maintenance organization" means that a person is contractually entitled, either directly or indirectly, to health care services from the health maintenance organization. As added by P.L.26-1994, SEC.25.

Sec. 10.5. "Credentialing" means a process through which a health maintenance organization makes a determination: (1) based on criteria established by the health maintenance organization; and (2) concerning whether a provider may serve as a participating provider. As added by P.L…

Sec. 11. "Deductible" means the amount that an enrollee is responsible to pay out-of-pocket before the health maintenance organization begins to pay the costs associated with the health care services. As added by P.L.26-1994, SEC.25.

Sec. 11.3. "Department" refers to the department of insurance. As added by P.L.69-1998, SEC.1.

Sec. 11.5. "Dialysis facility" means an outpatient facility in Indiana at which a dialysis treatment provider provides dialysis treatment. As added by P.L.111-2008, SEC.5.

Sec. 11.7. "Emergency" means a medical condition that arises suddenly and unexpectedly and manifests itself by acute symptoms of such severity, including severe pain, that the absence of immediate medical attention could reasonably be expected by a prudent lay person who possesse…