Indiana Statutes

§ 27-7-9-12 — Payment to insurer upon receipt of loss report

Indiana·Title 27 INSURANCE·Art. 7 SPECIAL TYPES OF INSURANCE·Ch. 9 Mine Subsidence Insurance

The commissioner shall pay an insurer all amounts due under section 9(a)(4) of this chapter within ninety (90) days after receiving a loss report. The commissioner shall require that each loss report include:

(1)an itemized statement of the damage, repairs made, and the cost of each repair; and
(2)any other documentation the commissioner believes will substantiate the reported loss.

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Legislative History

As added by P.L.164-1986, SEC.1.

Nearby Sections

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