§ 27-8-31-19 — Effect on state law

Indiana § 27-8-31-19

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 8: LIFE, ACCIDENT, AND HEALTH
• Ch. 31: Interstate Insurance Product Regulation Compact

Text

(a) Nothing in this chapter prevents the
enforcement of any other law of a compacting state, except as provided
in subsection (b).
(b) For a product approved or certified to the commission, the rules,
uniform standards, and any other requirements of the commission
constitute the exclusive provisions applicable to the content, approval,
and certification of the products. For an advertisement that is subject
to the commission's authority, any rule, uniform standard, or other
requirement of the commission that governs the content of the
advertisement constitutes the exclusive provision that a commissioner
may apply to the content of the advertisement. However, no action
taken by the commission shall abrogate or restrict:
(1) the access of any person to state courts;
(2) remedies available under state law related to breach of
contract, tort, or other laws not specifically directed to the content
of the product;
(3) state law relating to the construction of insurance contracts; or
(4) the authority of the attorney general of the state, including
maintaining actions or proceedings, as authorized by law.
(c) All insurance products filed with individual states are subject to
the laws of those states.

Legislative History

As added by P.L.138-2005, SEC.3.