Indiana § 27-8-15-24 Maintenance of actuarial certification; submission to department

Indiana Statutes

§ 27-8-15-24 — Maintenance of actuarial certification; submission to department

Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 15 Small Employer Group Health Insurance

(a)Each small employer insurer shall maintain an actuarial certification verifying that the insurer is in compliance with this chapter and that the rating methods of the insurer are actuarially sound. A copy of the certification shall be retained by the insurer at the insurer's principal place of business for three (3) years.

(b)Before March 1 of each year, each small employer insurer shall submit to the department a copy of the actuarial certification maintained under subsection (a).

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

(a) Each small employer insurer shall
maintain an actuarial certification verifying that the insurer is in
compliance with this chapter and that the rating methods of the insurer
are actuarially sound. A copy of the certification shall be retained by
the insurer at the insurer's principal place of business for three (3)
years.
(b) Before March 1 of each year, each small employer insurer shall
submit to the department a copy of the actuarial certification
maintained under subsection (a).

Indiana § 27-8-15-24 (Maintenance of actuarial certification; submission to department) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.