Indiana Statutes

§ 27-1-3-10 — Power to revoke or suspend certificate of authority

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 3 General Powers and Duties of the Department

The commissioner shall have power:

(1)to revoke or suspend the authority to do business in this state of any company which refuses to permit an examination under IC 27-1-3.1; and
(2)to revoke or suspend any certificate of authority when any condition prescribed by law for granting it no longer exists. Formerly: Acts 1935, c.162, s.17. As amended by P.L.26-1991, SEC.3.

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Related

State Farm Mutual Automobile Insurance v. Mortell
667 N.E.2d 192 (Indiana Court of Appeals, 1996)
3 case citations

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