Indiana § 27-1-15.8-3 Qualifications for license

Indiana Statutes

§ 27-1-15.8-3 — Qualifications for license

Indiana § 27-1-15.8-3

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 15.8Surplus Lines Producers

This text of Indiana § 27-1-15.8-3 (Qualifications for license) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-15.8-3 (2026).

Text

(a)A surplus lines producer may receive qualification for a license in one (1) or more of the kinds of insurance defined in Class 2 and Class 3 of IC 27-1-5-1 from insurers that are authorized to do business in one (1) or more states of the United States of America but are not authorized to do business in Indiana whenever, after diligent effort, as determined to the satisfaction of the department, the licensee is unable to procure the amount of insurance desired from insurers authorized and licensed to do business in Indiana.

(b)An applicant for a surplus lines producer's license must be licensed in Indiana as an insurance producer qualified as to the line or lines of insurance to be written.

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(a) A surplus lines producer may receive
qualification for a license in one (1) or more of the kinds of insurance
defined in Class 2 and Class 3 of IC 27-1-5-1 from insurers that are
authorized to do business in one (1) or more states of the United States
of America but are not authorized to do business in Indiana whenever,
after diligent effort, as determined to the satisfaction of the department,
the licensee is unable to procure the amount of insurance desired from
insurers authorized and licensed to do business in Indiana.
(b) An applicant for a surplus lines producer's license must be
licensed in Indiana as an insurance producer qualified as to the line or
lines of insurance to be written.