Indiana § 27-1-34-8 Reinsurers and insurance producers; multiple employer welfare
arrangement

Indiana Statutes

§ 27-1-34-8 — Reinsurers and insurance producers; multiple employer welfare arrangement

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 34 Multiple Employer Welfare Arrangements

(a)A reinsurer may not issue a policy of insurance to a multiple employer welfare arrangement that does not have a certificate of registration from the department.

(b)An insurance producer licensed by the department may not solicit, offer, or provide coverage through a multiple employer welfare arrangement that does not have a certificate of registration from the department.

(c)A reinsurer or insurance producer who knows or reasonably should have known that the arrangement does not have a current certificate of registration is liable for any claims for benefits that are due and unpaid.

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(a) A reinsurer may not issue a policy of
insurance to a multiple employer welfare arrangement that does not
have a certificate of registration from the department.
(b) An insurance producer licensed by the department may not
solicit, offer, or provide coverage through a multiple employer welfare
arrangement that does not have a certificate of registration from the
department.
(c) A reinsurer or insurance producer who knows or reasonably
should have known that the arrangement does not have a current
certificate of registration is liable for any claims for benefits that are
due and unpaid.

Indiana § 27-1-34-8 (Reinsurers and insurance producers; multiple employer welfare arrangement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.