Sec. 19. (a) The commissioner shall, on an annual basis and in a manner determined by the commissioner, publish figures and produce a report containing the following information:
(1) The ratio of valid consumer complaints lodged against each company weighted by the direct premiums earned in Indiana by each company.
(2) A separate listing of any company determined by the commissioner to have committed a practice that is designated an unfair claim settlement practice under section 4.5 of this chapter if the practice is committed flagrantly and in conscious disregard of section 4.5 of this chapter or if the practice is committed with a frequency that indicates a general business practice.
(3) Any enforcement action taken by the commissioner as a result of a practice described in subdivision (2).
(b) The commissioner shall provide a copy of the report required under subsection (a) to the house of representatives and senate committees of the general assembly that are assigned responsibility for insurance issues.
As added by P.L.121-1990, SEC.6 and P.L.149-1990, SEC.4. Amended by P.L.203-2001, SEC.9.
Structure Indiana Code
Article 4. Unfair Competition; Unauthorized Insurers; Foreign Insurers
Chapter 1. Unfair Competition; Unfair or Deceptive Acts and Practices
27-4-1-3. Prohibited Use of Unfair Methods of Competition and Deceptive Acts or Practices
27-4-1-4. Enumeration of Unfair Methods of Competition and Deceptive Acts and Practices
27-4-1-4.5. Enumeration of Unfair Claim Settlement Practices
27-4-1-5. Statement of Charges; Notice and Hearing; Intervention
27-4-1-6. Cease and Desist Order; Penalties
27-4-1-7. Judicial Review; Civil Enforcement Orders
27-4-1-10. Application of Other Laws
27-4-1-12. Violations; Penalties
27-4-1-13. Cumulative Powers and Remedies
27-4-1-15. Enforcement; Additional Personnel
27-4-1-17. Construction and Application