Indiana § 27-2-8-1 List of motor vehicle insurers agreeable to meeting state standards

Indiana Statutes

§ 27-2-8-1 — List of motor vehicle insurers agreeable to meeting state standards

Indiana·Title 27 INSURANCE·Art. 2 POWERS AND DUTIES OF INSURERS·Ch. 8 Commissioner's List of Motor Vehicle Insurers

The insurance commissioner shall annually
forward to all departments and divisions of the state requiring the
posting of security because of motor vehicle accidents and resultant
damage and loss a list of those insurers which are, or which are
agreeable to be, examined by the insurance department in the same
manner as set out in IC 27-1-3-7 and IC 27-1-3.1, and set up and
maintain liabilities and reserves in the same manner as set out in IC 27-1-13-8, and submit a written statement of their financial condition
and their operations on the forms as prescribed by the NAIC and
adopted in rules adopted under IC 4-22-2 by the insurance
commissioner, and in the same manner as set out in IC 27-1-3-7 and IC 27-1-20-21. No certificates or policies shall be accepted by such
departments or divisions a

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The insurance commissioner shall annually
forward to all departments and divisions of the state requiring the
posting of security because of motor vehicle accidents and resultant
damage and loss a list of those insurers which are, or which are
agreeable to be, examined by the insurance department in the same
manner as set out in IC 27-1-3-7 and IC 27-1-3.1, and set up and
maintain liabilities and reserves in the same manner as set out in IC 27-1-13-8, and submit a written statement of their financial condition
and their operations on the forms as prescribed by the NAIC and
adopted in rules adopted under IC 4-22-2 by the insurance
commissioner, and in the same manner as set out in IC 27-1-3-7 and IC 27-1-20-21. No certificates or policies shall be accepted by such
departments or divisions as such security unless the insurer so filing the
certificate or policy shall have met or is agreeable to meeting the
requirements as set out above.
Formerly: Acts 1949, c.240, s.1. As amended by P.L.252-1985,
SEC.129; P.L.26-1991, SEC.24; P.L.124-2018, SEC.62.

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