Indiana § 27-7-9-15 Recourse against insurer or policyholder; fraud or policy violations

Indiana Statutes

§ 27-7-9-15 — Recourse against insurer or policyholder; fraud or policy violations

Indiana § 27-7-9-15

Title 27INSURANCE

Art. 7SPECIAL TYPES OF INSURANCE

Ch. 9Mine Subsidence Insurance

This text of Indiana § 27-7-9-15 (Recourse against insurer or policyholder; fraud or policy violations) 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 § 27-7-9-15 (2026).

Text

(a)Except in case of fraud by an insurer, the commissioner has no right of recourse against an insurer. An insurer may settle losses under this chapter in the customary manner.

(b)The commissioner may require an insurer to attempt to recover from a policyholder for amounts paid to the policyholder if, in the judgment of the commissioner, the policyholder was not entitled to the amounts paid because of fraud or violation of the policy conditions. The cost of a recovery attempt under this subsection shall be borne equally by the insurer and the commissioner.

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

(a) Except in case of fraud by an insurer, the
commissioner has no right of recourse against an insurer. An insurer
may settle losses under this chapter in the customary manner.
(b) The commissioner may require an insurer to attempt to recover
from a policyholder for amounts paid to the policyholder if, in the
judgment of the commissioner, the policyholder was not entitled to the
amounts paid because of fraud or violation of the policy conditions.
The cost of a recovery attempt under this subsection shall be borne
equally by the insurer and the commissioner.