Indiana Statutes

§ 27-6-6-5 — Statement of maximum amount of single fire insurance risk; limitation on amount assumed

Indiana § 27-6-6-5
JurisdictionIndiana
Title 27INSURANCE
Art. 6REINSURANCE; INTERINSURANCE;
Ch. 6Interinsurance

This text of Indiana § 27-6-6-5 (Statement of maximum amount of single fire insurance risk; limitation on amount assumed) 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 § 27-6-6-5 (2026).

Text

There shall be filed with the department of insurance, state of Indiana, by such attorney, whenever the department of insurance shall so require, a statement under oath of such attorney, showing, in the case of fire or casualty classifications as authorized by the insurance laws of Indiana, except title insurance, the maximum amount of indemnity upon a single risk, and no reciprocal shall assume on any single fire or casualty classifications as authorized by the insurance laws of Indiana, except title insurance, risk in an amount greater than ten percent (10%) of the net worth of the reciprocal. Formerly: Acts 1919, c.102, s.5; Acts 1967, c.232, s.4. As amended by P.L.116-1994, SEC.53; P.L.255-1995, SEC.6.

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Bluebook (online)
Indiana § 27-6-6-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-6-6-5.