IC 27-1-3 – General Powers and Duties of the Department | Midpage

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Indiana Code

Chapter 3

IC 27-1-3

General Powers and Duties of the Department

1Exemption from individual liability 2Conflicts of interest 3Seal of department 4Business practices of insurance companies 5Certified copies of documents and commissioner's certification of facts as prima facie evidence 6Repealed 7Rules and regulations 8Repealed 9Repealed 10Power to revoke or suspend certificate of authority 10.5Disclosure of information 11Confidential information 12Acceptance of examination made by another state 13Blanks for annual statement; separate exhibit 14Notice of insolvency, failure, or suspension of operations; failure to give notice 15Filing fees; collection 16Disposition of taxes and fees accrued 17Repealed 18Solicitation for political assessments or contributions; violations 19Order to correct improper practices or remedy deficiencies; actions to compel compliance 20Certificate of authority; issuance; necessity; removal of unqualified officers or directors; violations; civil penalties 21Execution of instruments or documents 22Fraudulent insurance act; definition; liability 23Civil actions; substantial justification 24Declaration of dividend other than from earned surplus; approval 25Review of ordinary shareholder dividends to determine reasonableness 26Order to limit ordinary shareholder dividends 27Order to limit or disallow payment of ordinary shareholder dividends 28Department of insurance fund; establishment; deposits 29Enforceability of policies exceeding authority of insurer or violating statute or rule 30Expired 31Expired 32Posting of life insurance and other financial information 33Publication of grievance related information on Internet 34Proof of mailing 35State innovation waiver application 36Partnerships and joint ventures; prior authorization