Indiana Code
Chapter 10. Risk Retention Groups
27-7-10-25. Purchasing Groups and Their Insurers; Application of Indiana Law; Exemptions

Sec. 25. A purchasing group and its insurer or insurers are subject to all applicable Indiana laws, except that a purchasing group and its insurer or insurers are exempt, in regard to liability insurance for the purchasing group, from any law that would:
(1) prohibit the establishment of a purchasing group;
(2) make it unlawful for an insurer to provide or offer to provide insurance on a basis providing, to a purchasing group or its members, advantages based on their loss and expense experience not afforded to other persons with respect to rates, policy forms, coverages, or other matters;
(3) prohibit a purchasing group or its members from purchasing insurance on a group basis as described in subdivision (2);
(4) prohibit a purchasing group from obtaining insurance on a group basis because the group has not been in existence for a minimum period of time or because any member has not belonged to the group for a minimum period of time;
(5) require that a purchasing group have a minimum number of members, common ownership or affiliation, or certain legal form;
(6) require that a certain percentage of a purchasing group must obtain insurance on a group basis; or
(7) otherwise discriminate against a purchasing group or any of its members.
As added by P.L.162-1988, SEC.2.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 7. Special Types of Insurance

Chapter 10. Risk Retention Groups

27-7-10-1. "Commissioner" Defined

27-7-10-2. "Completed Operations Liability" Defined

27-7-10-3. "Domicile" Defined

27-7-10-4. "Hazardous Financial Condition" Defined

27-7-10-5. "Insurance" Defined

27-7-10-6. "Liability" Defined

27-7-10-7. "Personal Risk Liability" Defined

27-7-10-8. "Plan of Operation or Feasibility Study" Defined

27-7-10-9. "Product Liability" Defined

27-7-10-10. "Purchasing Group" Defined

27-7-10-11. "Risk Retention Group" Defined

27-7-10-12. "State" Defined

27-7-10-13. Establishment of Risk Retention Groups; Certificate of Authority; Submission of Plan of Operation or Feasibility Study; Revision of Plan; Required Information

27-7-10-14. Foreign Risk Retention Groups Seeking to Do or Doing Business in Indiana; Required Information

27-7-10-15. Premium Taxes and Taxes on Premiums; Liability; Report of Premiums; Policy Records

27-7-10-16. Foreign Risk Retention Groups; Compliance With Business Practice Provisions

27-7-10-17. Examination of Foreign Risk Retention Groups

27-7-10-18. Notice; Applications and Policies

27-7-10-19. Prohibited Acts

27-7-10-20. Insurance Company Membership in Risk Retention Group

27-7-10-21. Prohibited Coverage

27-7-10-22. Financial Impairment of Foreign Risk Retention Group; Violations of Chapter; Compliance Requirements

27-7-10-23. Insurance Insolvency Guaranty Fund

27-7-10-24. Countersignature on Policies

27-7-10-25. Purchasing Groups and Their Insurers; Application of Indiana Law; Exemptions

27-7-10-26. Purchasing Groups; Notice of Intent to Do Business; Required Information; Agent for Service of Process; Exemptions

27-7-10-27. Purchasing Groups; Purchase of Insurance From Risk Retention Groups; Limitations; Notice to Members; Deductibles; Aggregate Limits

27-7-10-28. Premium Taxes; Taxes on Premiums; Calculations

27-7-10-29. Enforcement; Scope of Authority

27-7-10-30. Solicitation, Negotiation, or Procurement of Liability Insurance; License Requirements

27-7-10-31. Purchasing Groups; Solicitation, Negotiation, or Procurement of Liability Insurance; License Requirements

27-7-10-32. Insurance Producers for Risk Retention Groups; Residence; Notice

27-7-10-33. Injunctions

27-7-10-34. Rules to Implement Chapter