Sec. 7. (a) Except as provided in subsection (b), an insurer domiciled in Indiana shall file a report with the commissioner disclosing:
(1) a material acquisition;
(2) a material disposition; and
(3) a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement.
(b) A report of a transaction described in subsection (a) does not have to be filed with the commissioner under this section if the transaction was previously submitted to the commissioner for review, approval, or information purposes under other provisions of IC 27, rules adopted by the department, or other requirements.
As added by P.L.251-1995, SEC.17.
Structure Indiana Code
Article 2. Powers and Duties of Insurers
Chapter 18. Disclosure of Material Transactions
27-2-18-1. "Asset Acquisition" Defined
27-2-18-2. "Asset Disposition" Defined
27-2-18-4. "Material Acquisition" Defined
27-2-18-5. "Material Disposition" Defined
27-2-18-10. Reports as Confidential Information; Exceptions
27-2-18-11. Contents of Reports of Material Acquisitions and Dispositions
27-2-18-12. Reports of Material Acquisitions and Dispositions on Nonconsolidated Basis; Exceptions
27-2-18-13. Contents of Reports of Material Nonrenewals, Cancellations, or Revisions