Indiana Code
Chapter 22. Regulation of Insurance Rates
27-1-22-24. Suspension or Revocation of Licenses

Sec. 24. (a) The commissioner may suspend the license of any rating organization or insurer which fails to comply with an order of the commissioner or department within the time limited by such order, or any extension thereof which the commissioner may grant. The commissioner shall not suspend the license of any rating organization or insurer for failure to comply with an order until the time prescribed for an appeal therefrom has expired or if an appeal has been taken, until such order has been affirmed. The commissioner may determine when a suspension of license shall become effective and it shall remain in effect for the period fixed by him, unless he modifies or rescinds such suspension, or until the order upon which such suspension is based is modified, rescinded or reversed. No license shall be suspended or revoked except upon a written order of the commissioner, stating his findings, made after a hearing is held upon not less than fifteen (15) days' written notice to the person specifying the alleged violation.
(b) A person who violates this chapter commits a Class A misdemeanor.
Formerly: Acts 1967, c.133, s.24. As amended by Acts 1978, P.L.2, SEC.2715.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 1. Department of Insurance

Chapter 22. Regulation of Insurance Rates

27-1-22-1. Purpose

27-1-22-2. Application of Act; Exceptions; "Inland Marine Insurance"

27-1-22-2.5. "Commercial Policyholder" Defined

27-1-22-3. Guidelines for Establishing Rates; Uniformity; Fleet or Fleet Policy

27-1-22-3.1. Senior Citizens Participating in Motor Vehicle Accident Prevention Courses; Reduced Premiums

27-1-22-4. Rate Filings; Exemptions; Procedure and Requirements; Rules; Confidentiality; Inspection; Notice of Changes

27-1-22-5. Hearing on Question of Compliance With Filing Requirements; Finding and Order

27-1-22-6. Bad Faith Filing; Burden of Proof; Order to Rewrite Policies at Approved Rate

27-1-22-7. Rate Adjustment Filing or Deviation; Effectiveness Unless Disapproved; Hearing; Approval or Disapproval

27-1-22-8. Rating Organizations; Definitions; License; Services to Subscribers; Rules; Cooperation

27-1-22-9. Deviation From Rates; Filing; Effective Date; Termination; Public Inspection

27-1-22-10. Insurers Acting in Concert

27-1-22-11. Appeal to Commissioner From Act or Decision of Rating Organization; Decision and Order

27-1-22-12. Procedure on Complaint by Insured

27-1-22-13. Advisory Organization; Filing and Regulation; Orders of Commissioner

27-1-22-14. Regulation of Organization of Insurers Engaging in Joint Underwriting or Joint Reinsurance; Unfair or Unreasonable Practices

27-1-22-15. Examination of Licensed Rating Organization; Report of Examination in Another State; Cost of Examination

27-1-22-16. Approval of Rules and Statistical Plans; Exchange of Information and Experience Data

27-1-22-17. Withholding Information; Giving False or Misleading Information

27-1-22-18. Deviation From Authorized Premium Charge; Discounts and Rebates as Inducement to Insure; Commissions for Insurance Producers

27-1-22-19. Freedom of Contract With Reference to Commissions

27-1-22-20. High Risk Auto Insurance; Apportionment Agreements; Rate Modifications

27-1-22-21. Repealed

27-1-22-22. Appointment and Removal of Additional Personnel; Powers of Deputy Conducting Hearings; Exemption From Personal Liability

27-1-22-23. Exemption of Rates and Classifications From Law Governing Rules and Regulations

27-1-22-24. Suspension or Revocation of Licenses

27-1-22-25. Motor Vehicle Insurance; Rating Plan Establishing Higher Rates for Bankruptcy Petitioners; Violations

27-1-22-26. Motor Vehicle Insurance; Rating Plan Establishing Higher Rates for Persons in Armed Forces; Violations

27-1-22-26.1. Motor Vehicle Insurance; Rating Plan for Active and Reserve Members of Armed Forces; Violation

27-1-22-27. Motor Vehicle Insurance; Rates for Innocent Prior-Uninsured Motorists

27-1-22-28. Title Insurance Filings; Title Insurance Rate Comparison Tool