Indiana § 27-6-8-2 Purpose

Indiana Statutes

§ 27-6-8-2 — Purpose

Indiana § 27-6-8-2

Title 27INSURANCE

Art. 6REINSURANCE; INTERINSURANCE;

Ch. 8Property and Casualty Insurance and Guaranty

This text of Indiana § 27-6-8-2 (Purpose) 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 § 27-6-8-2 (2026).

Text

(Purpose) The purpose of this chapter is to
provide a mechanism for the payment of claims under certain insurance
policies to avoid excessive delay in payment and to avoid excessive
financial loss to claimants or policyholders because of the insolvency
of an insurer, to assist in the detection and prevention of insurer
insolvencies, and to provide an association to assess the cost of this
protection among insurers.
Formerly: Acts 1971, P.L.390, SEC.1.

Free access — add to your briefcase to read the full text and ask questions with AI

(Purpose) The purpose of this chapter is to
provide a mechanism for the payment of claims under certain insurance
policies to avoid excessive delay in payment and to avoid excessive
financial loss to claimants or policyholders because of the insolvency
of an insurer, to assist in the detection and prevention of insurer
insolvencies, and to provide an association to assess the cost of this
protection among insurers.
Formerly: Acts 1971, P.L.390, SEC.1.