Sec. 1. Individuals, partnerships, limited liability companies, and corporations of this state, hereby designated "subscribers," are hereby authorized to exchange reciprocal or interinsurance contracts with each other or with individuals, partnerships, limited liability companies, and corporations of other states and countries, providing indemnity among themselves from any loss which may be insured against under the fire or casualty classifications as authorized by the insurance laws of this state, except title insurance.
Formerly: Acts 1919, c.102, s.1; Acts 1967, c.232, s.1. As amended by P.L.8-1993, SEC.421.
Structure Indiana Code
Article 6. Reinsurance; Interinsurance; Reciprocal Insurance
27-6-6-2. Execution of Contracts; Attorneys; Location of Office of Attorney
27-6-6-3. Declaration of Subscribers
27-6-6-4. Instrument Authorizing Service of Process on Subscriber's Agent; Procedure for Service
27-6-6-5. Statement of Maximum Amount of Single Fire Insurance Risk; Limitation on Amount Assumed
27-6-6-7. Annual Financial Report; Examination; Acceptance of Examination of Another State
27-6-6-8. Right of Domestic Corporation to Exchange Contracts
27-6-6-9. Certificate of Authority
27-6-6-11. Refusal, Suspension, or Revocation of Certificate of Authority
27-6-6-13. Terms Inserted in Policy; Conformity to State Law
27-6-6-14. Application of State Insurance Law
27-6-6-15. Loans or Advances; Purposes; Repayment; Approval; Interest Rate; Restrictions