Indiana § 27-4-3-1 Two or more companies coercing or inducing insurance producer to
refrain from representing additional companies

Indiana Statutes

§ 27-4-3-1 — Two or more companies coercing or inducing insurance producer to refrain from representing additional companies

Indiana § 27-4-3-1

Title 27INSURANCE

Art. 4UNFAIR COMPETITION; UNAUTHORIZED

Ch. 3Restrictions on Unlawful Insurance Producer

This text of Indiana § 27-4-3-1 (Two or more companies coercing or inducing insurance producer to refrain from representing additional companies) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-4-3-1 (2026).

Text

It is hereby declared unlawful for any two (2) or
more insurance companies writing the same class, or classes, of risks
and doing business in this state, directly or indirectly, to enter into any
arrangement, contract, agreement, understanding, combination or
association to require, coerce or induce any insurance producer or
representative of any two (2) or more of such insurance companies
within the state of Indiana to refrain from representing other such
insurance companies, or to afford any advantage to any insurance
producer to refrain from representing other such insurance companies
or to impose upon the insurance producer any disadvantage by reason
of the insurance producer's acting as representative of other such
insurance companies.
Formerly: Acts 1937, c.46, s.1. As amended by P.L

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It is hereby declared unlawful for any two (2) or
more insurance companies writing the same class, or classes, of risks
and doing business in this state, directly or indirectly, to enter into any
arrangement, contract, agreement, understanding, combination or
association to require, coerce or induce any insurance producer or
representative of any two (2) or more of such insurance companies
within the state of Indiana to refrain from representing other such
insurance companies, or to afford any advantage to any insurance
producer to refrain from representing other such insurance companies
or to impose upon the insurance producer any disadvantage by reason
of the insurance producer's acting as representative of other such
insurance companies.
Formerly: Acts 1937, c.46, s.1. As amended by P.L.178-2003,
SEC.36.