Indiana Statutes
§ 27-1-35-12 — Audit committees
Indiana § 27-1-35-12
JurisdictionIndiana
Title 27INSURANCE
Art. 1DEPARTMENT OF INSURANCE
Ch. 35Business Transacted With Producer Controlled Property
This text of Indiana § 27-1-35-12 (Audit committees) 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 § 27-1-35-12 (2026).
Text
Each controlled insurer shall have an audit
committee of the board of directors composed of independent directors.
The audit committee shall annually meet with management, the
insurer's independent certified public accountants, and an independent
casualty actuary or other independent loss reserve specialist acceptable
to the commissioner to review the adequacy of the insurer's loss
reserves.
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Legislative History
As added by P.L.130-1994, SEC.36 and P.L.116-1994,
SEC.47.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
"Annual Statement Instructions"§ 27-1-1.5-12
"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
"Current Procedural Terminology"; "CPT"§ 27-1-1.5-15
"Financial Analysis Handbook"§ 27-1-1.5-16
"Financial Condition Examiner's Handbook"§ 27-1-1.5-18
"Healthcare Common Procedure Coding System"; "HCPCS"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 27-1-35-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-1-35-12.