§ 27-1-6-3 — Names; required and prohibited words; similarity of names; change of name

The name of any company organized under this
article shall contain the word "insurance" and the word "company,"
"corporation" or "incorporated," or shall end with an abbreviation of
one of these words, except that the word "company" or the abbreviation
"Co." may be used only if that word or abbreviation is not immediately
preceded by the word "and," or any substitute therefor.
No company organized under this article shall:
(a) Use as a part of its corporate name the words "United States,"
"Federal," "government," "official," or any word that would imply that
the company was an administrative agency of the state of Indiana or of
the United States, or is subject to supervision of any department other
than the department of insurance of the state of Indiana.
(b) Take or assume a corporate name the same as, or confusingly
similar to, the name of any other insurance company then existing
under the laws of this state or authorized to transact business in this
state, unless at the same time (1) such other company shall change its
corporate name or withdraw from transacting business in this state, and
(2) the written consent of such company, signed and verified under
oath by its secretary, shall be filed with the department.
Any company organized under this article may change its corporate
name at any time by amending its articles of incorporation in the
manner hereinafter provided. The provisions of this section shall not
affect the right of any insurance company which is existing under the
laws of this state on March 8, 1935, or of any such company which
thereafter reorganizes or reincorporates under this article or of any
company authorized to transact business in this state on March 8, 1935,
to continue the use of its corporate name.
Formerly: Acts 1935, c.162, s.63. As amended by Acts 1977,
P.L.281, SEC.3; P.L.1-2009, SEC.145.