§ 27-1-3-15 — Filing fees; collection

Indiana § 27-1-3-15

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

Text

(a) Except as provided in subsections (f) and
(h), the commissioner shall collect the following filing fees:
The commissioner shall deposit fees collected under this subsection
into the department of insurance fund established by section 28 of this
chapter.
(b) The commissioner shall collect a fee of ten dollars ($10) each
time process is served on the commissioner under this title.
(c) The commissioner shall collect the following fees for copying
and certifying the copy of any filed document relating to a domestic or
foreign corporation:
(d) Each domestic and foreign insurer and each health maintenance
organization shall remit annually to the commissioner for deposit into
the department of insurance fund established by section 28 of this
chapter one thousand dollars ($1,000) as an internal audit fee. All
assessment insurers, farm mutuals, and fraternal benefit societies shall
remit to the commissioner for deposit into the department of insurance
fund two hundred fifty dollars ($250) annually as an internal audit fee.
(e) Beginning July 1, 1994, each insurer shall remit to the
commissioner for deposit into the department of insurance fund
established by section 28 of this chapter a fee of thirty-five dollars
($35) for each policy, rider, rule, rate, or endorsement filed with the
state, including subsequent filings. Except as provided in subsection
(f), each policy, rider, rule, rate, or endorsement that is filed as part of
a particular product filing or in association with a particular product
filing is an individual filing subject to the fee under this subsection.
However, the total amount of fees paid under this subsection by each
insurer for a particular product filing may not exceed one thousand
dollars ($1,000).
(f) Beginning July 1, 2009, a policy, rider, rule, rate, or endorsement
that is filed as part of a particular product filing or in association with
a particular product filing for a commercial product described in:
(1) Class 2(b), Class 2(c), Class 2(d), Class 2(e), Class 2(f), Class
2(g), Class 2(h), Class 2(i), Class 2(j), Class 2(k), Class 2(l), or
Class 2(m) of IC 27-1-5-1; or
(2) Class 3 of IC 27-1-5-1;
is considered to be part of a single filing for which the insurer is subject
only to one (1) thirty-five dollar ($35) fee under subsection (e).
(g) The commissioner shall pay into the state general fund by the
end of each calendar month the amounts collected during that month
under subsections (b) and (c).
(h) The commissioner may not collect fees for quarterly statements
filed under IC 27-1-20-33.
(i) The commissioner may adopt rules under IC 4-22-2 to provide
for the accrual and quarterly billing of fees under this section.
Formerly: Acts 1935, c.162, s.22. As amended by P.L.31-1988,
SEC.9; P.L.130-1994, SEC.2; P.L.116-1994, SEC.6; P.L.91-1998,
SEC.3; P.L.268-1999, SEC.1; P.L.203-2001, SEC.4; P.L.173-2007,
SEC.6; P.L.234-2007, SEC.188; P.L.3-2008, SEC.207.