§ 27-4-1-5 — Statement of charges; notice and hearing; intervention

Indiana § 27-4-1-5

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 4: UNFAIR COMPETITION; UNAUTHORIZED
• Ch. 1: Unfair Competition; Unfair or Deceptive Acts and

Text

(a) Whenever the commissioner shall have
reason to believe that any such person has been engaged or is engaging
in this state in any unfair method of competition or any unfair or
deceptive act or practice defined in section 4 of this chapter and that a
proceeding by him in respect thereto would be to the interest of the
public, he shall issue and cause to be served upon such person a
statement of the charges in that respect and a notice in writing of a
hearing thereon to be held under IC 4-21.5-3.
(b) Whenever the hearing involves the claim, averment, or
complaint of, or made by, a person who is not an investigator, deputy,
examiner, or other employee of the department, a copy of the substance
of such claim, averment, or complaint shall be included in or exhibited
with such notice. The commissioner and department shall afford all
interested persons or parties the right and opportunity for the settlement
or adjustment of all claims, controversies, and issues when such
persons or parties shall join in a request in writing for such opportunity.
Formerly: Acts 1947, c.112, s.5. As amended by P.L.252-1985,
SEC.147; P.L.7-1987, SEC.145.