Indiana Code
Chapter 20. Additional Provisions Pertaining to All Insurance Companies
27-1-20-33. Annual Statement Blank, Additional Filings and Quarterly Statements; Filings With Naic

Sec. 33. (a) As used in this section, "insurer" refers to each:
(1) domestic company;
(2) foreign company; and
(3) alien company;
that is authorized to transact business in Indiana.
(b) On or before March 1 of each year, an insurer shall file with the NAIC and with the department a copy of the insurer's Annual Statement Blank and additional filings prescribed by the commissioner for the preceding year. An insurer shall also file quarterly statements with the NAIC and with the department on or before May 15, August 15, and November 15 of each year in a form prescribed by the commissioner. The information filed with the NAIC under this subsection:
(1) must be:
(A) in the same format; and
(B) of the same scope;
as is required by the commissioner under section 21 of this chapter;
(2) to the extent required by the NAIC, must include the signed jurat page and the actuarial certification; and
(3) must be filed electronically in accordance with NAIC electronic filing specifications.
The commissioner may grant an exemption from the requirement of subdivision (3) to domestic companies that operate only in Indiana. If an insurer files any amendment or addendum to an insurer's Annual Statement Blank or quarterly statement with the commissioner, the insurer shall also file a copy of the amendment or addendum with the NAIC. Annual and quarterly financial statements are deemed filed with the NAIC when delivered to the address designated by the NAIC for the filings regardless of whether the filing is accompanied by any applicable fee.
(c) The commissioner may, for good cause, grant an insurer an extension of time for the filing required by subsection (b).
(d) A foreign company that:
(1) is domiciled in a state that has a law substantially similar to subsection (b); and
(2) complies with that law;
shall be considered to be in compliance with this section.
(e) In the absence of actual malice:
(1) members of the NAIC;
(2) duly authorized committees, subcommittees, and task forces of members of the NAIC;
(3) delegates of members of the NAIC;
(4) employees of the NAIC; and
(5) other persons responsible for collecting, reviewing, analyzing, and disseminating information developed from the filing of Annual Statement Blanks under this section;
shall be considered to be acting as agents of the commissioner under the authority of this section and are not subject to civil liability for libel, slander, or any other cause of action by virtue of the collection, review, analysis, or dissemination of the data and information collected from the filings required by this section.
(f) The commissioner may suspend, revoke, or refuse to renew the certificate of authority of an insurer that fails to file the insurer's Annual Statement Blank or quarterly statements with the NAIC or with the department within the time allowed by subsection (b) or (c).
As added by P.L.121-1992, SEC.3. Amended by P.L.251-1995, SEC.16; P.L.91-1998, SEC.7; P.L.268-1999, SEC.9; P.L.124-2018, SEC.39.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 1. Department of Insurance

Chapter 20. Additional Provisions Pertaining to All Insurance Companies

27-1-20-1. Insurance of Deposited Securities

27-1-20-2. Repealed

27-1-20-3. Eligibility of Investments for Deposit; Existing Investments

27-1-20-4. Revaluation of Investments Omitting Interest or Dividends

27-1-20-5. Deposit of Securities Acquired From Foreign Life Insurer Under Reinsurance Agreement

27-1-20-6. Transfer of Defaulted Deposited Securities to Other Depository Under Financial Reorganization Agreement; Filing Receipt; Effect on Deposit Credit

27-1-20-7. Withdrawal From Deposit to Pledge for Loan; Effect; Redeposit

27-1-20-8. Deposits as a Condition of Doing Business; Definitions; Securities; Bank Deposits With Restricted Withdrawal Privileges

27-1-20-9. Substitution of Securities on Deposit; Withdrawal of Securities in Excess of Requirements

27-1-20-10. Disposition of Interest Earned by Securities on Deposit

27-1-20-11. Discontinuance of Business; Procedure for Return of Deposited Securities

27-1-20-12. Retaliatory Provisions

27-1-20-13. Fees of Secretary of State

27-1-20-14. Pension Plan for Officers and Employees

27-1-20-15. Automatic Revocation of Authority for Failure to Timely Complete Organization

27-1-20-16. Repealed

27-1-20-17. Repealed

27-1-20-18. Repealed

27-1-20-19. Misrepresentation of Funds Available to Pay Losses or Policy Claims

27-1-20-20. Financial Statement; Requirements; Violations; Penalties

27-1-20-21. Annual Financial Statement; Microfilm Copies

27-1-20-21.1. Repealed

27-1-20-21.2. Civil Penalty; Failure to Comply With Ic 27-1-20-21

27-1-20-21.3. Actuarial Opinions

27-1-20-22. Verification of Accounts and Reports

27-1-20-23. Remedies of Receivership Exclusive With Department; Exception in Favor of Judgment Creditor

27-1-20-24. Repealed

27-1-20-25. Organization of New Companies on Lloyds or Assessment Plan Prohibited; Surplus Requirement for Reciprocal Plan

27-1-20-26. Exemption From Article of a Farm Mutual Insurance Company

27-1-20-27. Exemption of Domestic Mutual Fire Insurance Companies

27-1-20-28. Repealed

27-1-20-29. Exemption of Abstract and Title Insurance Companies

27-1-20-30. Rebate of Premium or Commission; Unfair Competition

27-1-20-31. Restrictions on Interlocking Directorates

27-1-20-32. Effect of Captions

27-1-20-33. Annual Statement Blank, Additional Filings and Quarterly Statements; Filings With Naic

27-1-20-34. Repealed

27-1-20-35. Insurer Response to Department Request

27-1-20-36. Health Insurer Withdrawal From Individual Market