IC 27-5.1-2 – Farm Mutual Insurance Companies | Midpage

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Indiana Code

Chapter 2

IC 27-5.1-2

Farm Mutual Insurance Companies

0.1Application of certain amendments to chapter 1Applicability 2Farm mutual insurance companies existing on June 30, 2003 3Proposed farm mutual insurance companies; application for certificate of authority 4Proposed farm mutual insurance company requirements for certificate of authority 5Powers and duties 6Exclusion of companies 7Exemption from Indiana insurance laws 8Application of Indiana insurance laws 9Location of insurance business 10Annual policyholder meeting 11Board of directors 12Election of director; term of office; election of officers; annual board meeting 13Articles of incorporation; amendment 14Bylaws; amendment 15Commissioner filing fee 16Form and rate filing file and use; commissioner disapproval; judicial review 17Commissioner examination 18Unsafe business practice; insufficient assets; commissioner notice; remedies; court proceedings; injunction; liquidation 19Application for coverage; policyholder status 20Insurance producers 21Merger; plan; policyholder notice 22Merger files; commissioner review; notice and hearing; approval; modification; experts; costs 23Merger plan performance; surviving company 24Certificate of merger 24.5Waiver of merger requirements 25Notice of contract to manage or control; commissioner determination; managing general agent 26Violations of law; commissioner orders 27Judicial review 28Willful violation; penalties 29Notice of intent to waive term of policy, right, or defense 30Premium plus assessment basis; policyholder liability 31Assessment collection; verification of loss 32Policyholder failure to pay assessment 33Policyholder liability after policy termination 34Notice of premium plus assessment policy; civil actions; limitation 35Payment of losses and judgments; insufficient funds; assessments 36Borrowing funds; assessment 37Policy cancellation; notice 38Discontinuation of company 39Misconduct; penalty 40Investment gain; policyholder surplus 41Election to be subject to Indiana insurance law 42Exemption from regulation 43Administrative rules 44Validity of rate or form filed under prior law