Indiana § 27-6-9-20 Engagement of services of reinsurance intermediary-broker;
employment of an individual employed by an RB; financial condition;
requirements

Indiana Statutes

§ 27-6-9-20 — Engagement of services of reinsurance intermediary-broker; employment of an individual employed by an RB; financial condition; requirements

Indiana § 27-6-9-20

Title 27INSURANCE

Art. 6REINSURANCE; INTERINSURANCE;

Ch. 9Reinsurance Intermediaries

This text of Indiana § 27-6-9-20 (Engagement of services of reinsurance intermediary-broker; employment of an individual employed by an RB; financial condition; requirements) 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 § 27-6-9-20 (2026).

Text

(a)An insurer may not engage the services of any person, firm, association, or corporation to act as a RB on its behalf unless such person is licensed as required by section 12 of this chapter.

(b)An insurer may not employ an individual who is employed by a RB with which it transacts business unless the RB is under common control with the insurer and subject to IC 27-1-23.

(c)The insurer shall annually obtain a copy of statements of the financial condition of each RB with which it transacts business.

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(a) An insurer may not engage the services of
any person, firm, association, or corporation to act as a RB on its behalf
unless such person is licensed as required by section 12 of this chapter.
(b) An insurer may not employ an individual who is employed by a
RB with which it transacts business unless the RB is under common
control with the insurer and subject to IC 27-1-23.
(c) The insurer shall annually obtain a copy of statements of the
financial condition of each RB with which it transacts business.