Sec. 14. (a) As used in this section:
"Casualty and liability insurance" means insurance included in Class II and Class III of IC 27-1-5-1.
"Qualified public transportation agency" means any of the following:
(1) A public transportation corporation established under IC 36-9-4.
(2) An agency of a city that provides for public transportation.
(3) An agency of a town that provides for public transportation.
(4) An agency of a township that provides for public transportation.
(5) Any person who provides public transportation to a county under an agreement with the county.
(b) A company authorized to issue casualty and liability insurance policies in Indiana may sell group casualty and liability insurance to two (2) or more qualified public transportation agencies only for the purpose of insuring their public transportation functions.
As added by P.L.256-1983, SEC.1.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 13. Casualty, Fire, and Marine Insurance Company Powers and Policy Requirements
27-1-13-0.1. Application of Certain Amendments to Chapter
27-1-13-3. Investment of Capital and Funds Above Capital; Real Estate Interests
27-1-13-4. Valuation of Bonds and Securities
27-1-13-5. Insured Loans and Investments
27-1-13-6. Limitation on Risks; Effect of Reinsurance
27-1-13-7. Policy Requirements
27-1-13-7.5. Newly Acquired Motor Vehicle; Required Coverage
27-1-13-8. Estimating Condition; Classification of Items as Assets or Liabilities; Reserves
27-1-13-8.5. Rules to Prescribe Minimum Standards for Establishment of Reserves
27-1-13-9. Trading or Dealing in Commodities, Goods, Wares, and Merchandise
27-1-13-10. Insurance Rating Bureaus; Organizational Regulations
27-1-13-11. Insurance Rating Bureaus; Meetings; Appearance by Aggrieved Persons
27-1-13-12. Insurance Rating Bureau; Division of Representation