Indiana § 27-2-18-7 Reports

Indiana Statutes

§ 27-2-18-7 — Reports

Indiana·Title 27 INSURANCE·Art. 2 POWERS AND DUTIES OF INSURERS·Ch. 18 Disclosure of Material Transactions

(a)Except as provided in subsection (b), an insurer domiciled in Indiana shall file a report with the commissioner disclosing:

(1)a material acquisition;

(2)a material disposition; and

(3)a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement.

(b)A report of a transaction described in subsection (a) does not have to be filed with the commissioner under this section if the transaction was previously submitted to the commissioner for review, approval, or information purposes under other provisions of IC 27, rules adopted by the department, or other requirements.

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(a) Except as provided in subsection (b), an
insurer domiciled in Indiana shall file a report with the commissioner
disclosing:
(1) a material acquisition;
(2) a material disposition; and
(3) a material nonrenewal, cancellation, or revision of a ceded
reinsurance agreement.
(b) A report of a transaction described in subsection (a) does not
have to be filed with the commissioner under this section if the
transaction was previously submitted to the commissioner for review,
approval, or information purposes under other provisions of IC 27,
rules adopted by the department, or other requirements.

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