1. (a) An insurer authorized under IC 27-1-3-20 to transact business as a property and casualty insurance company may provide property and casualty insurance to a permitted group on a group basis.
2. (b) A policy may not be issued or renewed to provide group coverage under this chapter to a group that includes fewer than ten (10) commercial, business, or not-for-profit entities as part of the group.

As added by P.L.165-2022, SEC.5.