Indiana Statutes

§ 27-7-2-37 — Cancellation of rejected risk coverage; grounds; effect

Indiana § 27-7-2-37
JurisdictionIndiana
Title 27INSURANCE
Art. 7SPECIAL TYPES OF INSURANCE
Ch. 2Worker's Compensation

This text of Indiana § 27-7-2-37 (Cancellation of rejected risk coverage; grounds; effect) 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 § 27-7-2-37 (2026).

Text

(a)If, after the issuance of a policy, it develops that an employer is not or ceases to be in good faith entitled to compensation insurance, the carrying company which issued the policy shall have the right, upon authorization of the bureau and the worker's compensation board, to cancel the insurance in accordance with the conditions of the policy.
(b)If a policy is cancelled under the circumstances described in subsection (a), the risk shall not be assigned again by the bureau to any of its members as a carrying company until it is fully satisfied that the employer is entitled to insure as a proper rejected risk under this chapter.
(c)In the event of a cancellation under this section, the facts justifying such action shall be referred to the worker's compensation board and the departme

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Bluebook (online)
Indiana § 27-7-2-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-7-2-37.