Indiana Statutes
§ 27-2-24-10 — Payment not required if final settlement less than 60% of available proceeds
Indiana·Title 27 INSURANCE·Art. 2 POWERS AND DUTIES OF INSURERS·Ch. 24 Coverage With Innocent Coinsured
This chapter does not require an insurer that
issued a policy of property or casualty insurance to pay a claim to an
innocent coinsured if the final settlement for the property loss is less
than sixty percent (60%) of available insurance proceeds under the
policy.
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Indiana § 27-2-24-10 (Payment not required if final settlement less than 60% of available proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.148-2017, SEC.8.
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Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10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"