Indiana § 27-1-35-17 Civil actions by commissioner

Indiana Statutes

§ 27-1-35-17 — Civil actions by commissioner

Indiana § 27-1-35-17

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 35Business Transacted With Producer Controlled Property

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Bluebook

Ind. Code § 27-1-35-17 (2026).

Text

If the commissioner finds that because of a
material noncompliance under section 16 of this chapter the controlled
insurer or any policyholder of the controlled insurer has suffered any
loss or damage, the commissioner may maintain a civil action or
intervene in an action brought by or on behalf of the insurer or
policyholder for recovery of compensatory damages for the benefit of
the insurer or policyholder or other appropriate relief.

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If the commissioner finds that because of a
material noncompliance under section 16 of this chapter the controlled
insurer or any policyholder of the controlled insurer has suffered any
loss or damage, the commissioner may maintain a civil action or
intervene in an action brought by or on behalf of the insurer or
policyholder for recovery of compensatory damages for the benefit of
the insurer or policyholder or other appropriate relief.