Sec. 4. (a) An insurer authorized under IC 27-1-3-20 to transact business as a property and casualty insurance company may provide property and casualty insurance to a permitted group on a group basis.
(b) A policy may not be issued or renewed to provide group coverage under this chapter to a group that includes fewer than ten (10) commercial, business, or not-for-profit entities as part of the group.
As added by P.L.165-2022, SEC.5.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 30.4. Group Property and Casualty Insurance for Permitted Groups
27-1-30.4-1. "Permitted Group"
27-1-30.4-2. "Property and Casualty Insurance"
27-1-30.4-3. "Property and Casualty Insurance Company"
27-1-30.4-4. Permitting Provision of Property and Casualty Insurance on a Group Basis