Indiana § 27-1-20-21.3 Actuarial opinions

Indiana Statutes

§ 27-1-20-21.3 — Actuarial opinions

Indiana § 27-1-20-21.3

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 20Additional Provisions Pertaining to All Insurance

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Bluebook

Ind. Code § 27-1-20-21.3 (2026).

Text

3.

(a)Every domestic casualty insurance company, domestic fire and marine insurance company, and domestic life and health insurance company shall include an actuarial opinion as an additional part of the financial statement required under section 21 of this chapter. The commissioner shall adopt rules under IC 4-22-2 that:

(1)prescribe the form and content of the actuarial opinion required by this section; and

(2)establish minimum qualifications that an actuary must meet in order to provide the actuarial opinion required under this section.

(b)The actuarial opinion required by subsection (a) shall be included with every annual statement beginning with the statement for calendar year 1994.

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3. (a) Every domestic casualty insurance
company, domestic fire and marine insurance company, and domestic
life and health insurance company shall include an actuarial opinion as
an additional part of the financial statement required under section 21
of this chapter. The commissioner shall adopt rules under IC 4-22-2
that:
(1) prescribe the form and content of the actuarial opinion
required by this section; and
(2) establish minimum qualifications that an actuary must meet in
order to provide the actuarial opinion required under this section.
(b) The actuarial opinion required by subsection (a) shall be
included with every annual statement beginning with the statement for
calendar year 1994.