Sec. 12. (a) Any person aggrieved by any agency action of the commissioner pursuant to this chapter may petition for judicial review thereof in accordance, so far as practical, with IC 4-21.5-5.
(b) Notwithstanding IC 4-21.5-5, the filing of a petition for review of the commissioner's determination approving an acquisition of control under section 2 of this chapter shall stay the application of any such determination or other action of the commissioner unless the court to which the petition is directed, after giving the petitioner notice and an opportunity to be heard, determines that such a stay would be detrimental to the interests of policyholders or the public.
(c) Any person aggrieved by any failure of the commissioner to act or make a determination required by this chapter may bring an action for mandate in the circuit court of Marion County to compel the commissioner to act or make such determination forthwith.
Formerly: Acts 1971, P.L.387, SEC.1. As amended by Acts 1981, P.L.244, SEC.10; P.L.7-1987, SEC.141.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 23. Regulation of Insurance Holding Company Systems
27-1-23-1.5. Dividend Payments; Notice; Content
27-1-23-2.6. Primary and Subsidiary Companies
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
27-1-23-8. Enjoining Violations; Seizure or Sequestration of Securities
27-1-23-8.1. Violations; Penalties
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