Indiana Code
Chapter 23. Regulation of Insurance Holding Company Systems
27-1-23-11. Denial, Suspension, or Revocation of License or Authority to Do Business

Sec. 11. Whenever it appears to the commissioner that any person has committed a violation of this chapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke or refuse to renew such insurer's license or authority to do business in this state for such period as he finds is required for the protection of policyholders or the public.
Formerly: Acts 1971, P.L.387, SEC.1.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 1. Department of Insurance

Chapter 23. Regulation of Insurance Holding Company Systems

27-1-23-1. Definitions

27-1-23-1.5. Dividend Payments; Notice; Content

27-1-23-2. Acquisition of Domestic Insurance Company; Statement to Commissioner; Hearings; Notice; Approval; Exceptions; Process

27-1-23-2.5. Acquisitions in Which There Is a Change in Control of an Insurer; Pre-Acquisition Notification; Waiting Period; Competitive Standards; Violations; Order; Penalties

27-1-23-2.6. Primary and Subsidiary Companies

27-1-23-3. Registration Statement; Amendments; Termination; Disclaimer of Affiliation; Enterprise Risk Reports; Civil Penalty

27-1-23-4. Material Transactions; Standards; Prohibitions; Review; Notice; Financial Status; Extraordinary Dividends; Civil Penalty

27-1-23-5. Examination of Registered Insurer Records; Liability for Expenses; Noncompliance

27-1-23-5.1. Supervisory College

27-1-23-5.3. Internationally Active Insurance Group; Group Wide Supervisor

27-1-23-6. Confidential and Privileged Information; Sharing of Information; Requirements

27-1-23-7. Rules and Orders

27-1-23-8. Enjoining Violations; Seizure or Sequestration of Securities

27-1-23-8.1. Violations; Penalties

27-1-23-9. Repealed

27-1-23-10. Seizure of Property of Domestic Insurer

27-1-23-10.5. Receiver's Right to Recover Upon Liquidation or Rehabilitation

27-1-23-11. Denial, Suspension, or Revocation of License or Authority to Do Business

27-1-23-12. Review of Actions of Commissioner; Stay; Mandamus

27-1-23-13. Application of Chapter