Indiana Code
Chapter 2. Worker's Compensation
27-7-2-20.4. Arrangements in Restraint of Trade; Presumption; Subsidiary Companies

Sec. 20.4. (a) A company or the bureau may not make any arrangement with any other company or other person that has the purpose or effect of restraining trade unreasonably or of substantially lessening competition in the business of insurance.
(b) A company may not agree with any other company or the bureau to adhere to or use any rate, rating plan (other than the experience rating plan), or rating rule except as needed to comply with the requirements of section 20 of this chapter.
(c) The fact that two (2) or more companies use consistently or intermittently the same rules, rating plans, rating schedules, rating rules, policy forms, rate classifications, underwriting rules, surveys, or inspections or similar materials is not sufficient in itself to support a finding that an agreement prohibited by subsection (b) exists.
(d) Two (2) or more companies having a common ownership or operating in Indiana under common management or control may act in concert between or among themselves with respect to any matters pertaining to those authorized in this chapter as if they constituted a single company.
As added by P.L.249-1989, SEC.12.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 7. Special Types of Insurance

Chapter 2. Worker's Compensation

27-7-2-1. Repealed

27-7-2-1.1. Purposes of Chapter

27-7-2-1.2. Insurers and Underwriters Subject to Chapter

27-7-2-2. Definitions

27-7-2-3. Worker's Compensation Rating Bureau; Membership

27-7-2-3.1. Duties of Bureau

27-7-2-4. Rate Filings; Notice

27-7-2-4.5. Premium or Rate Discount for Municipal Corporations or Volunteer Fire Departments

27-7-2-5. Management of Bureau

27-7-2-6. By-Laws of Bureau

27-7-2-7. Resolution of Tie Votes

27-7-2-8. Membership in Bureau

27-7-2-9. Charges and Expenses of Bureau; Apportionment; Review

27-7-2-10. Repealed

27-7-2-11. Approval of Classifications, Premiums, or Rates; Consultations With Worker's Compensation Board; Duty of Board to Furnish Information

27-7-2-12. Representative of Department; Appointment; Powers and Duties

27-7-2-13. Repealed

27-7-2-14. Repealed

27-7-2-15. Approval of System of Schedule Rating

27-7-2-16. Repealed

27-7-2-17. Repealed

27-7-2-18. Exclusion of Physical Impairment of Employees in Rate Making

27-7-2-19. Repealed

27-7-2-20. Adherence to Approved Rules, Forms, Plans, and Systems; Annual Reports

27-7-2-20.1. Minimum Premiums and Rates

27-7-2-20.2. Minimum Premiums, Rates, and Supplementary Rate Information; Filing; Approval; Proof of Notice; Public Inspection

27-7-2-20.3. Minimum Premiums or Rates; Disapproval

27-7-2-20.4. Arrangements in Restraint of Trade; Presumption; Subsidiary Companies

27-7-2-21. Repealed

27-7-2-22. Repealed

27-7-2-23. Repealed

27-7-2-24. Appointment of Resident Agent for Service of Process

27-7-2-25. Annual License of Rating Bureau

27-7-2-26. Repealed

27-7-2-27. Jurisdiction of Courts of Marion County; Review

27-7-2-28. Duty to Insure and Accept Certain Rejected Risks

27-7-2-28.1. Assigned Risk Plan; Administration; Filing; Approval; Modification or Elimination by General Assembly

27-7-2-28.2. Examination of Records; Costs

27-7-2-29. Rejected Risks; Designation of Insurer; Reinsurance

27-7-2-30. Rules; Adoption

27-7-2-31. Loss of Coverage for Nonpayment of Premiums; Report of Conditions Precluding Insurance; Coverage Pending Decision

27-7-2-32. Considerations in Designating Insurer to Assume Rejected Risk; Review of Reasons

27-7-2-33. Designated Insurer Carrying Rejected Risk; Additional Inspection; Renewal Rates

27-7-2-34. Information Concerning Rejected Risks; Automatic Insurance

27-7-2-35. Record of Rejected Risks Referred by Bureau to Members; Effect of Writing Rejected Risk as Regular Business

27-7-2-36. Repealed

27-7-2-37. Cancellation of Rejected Risk Coverage; Grounds; Effect

27-7-2-37.5. Refund of Dividends, Savings, or Unabsorbed Premium Deposits

27-7-2-38. Violations; Penalties; Suspension or Revocation of License

27-7-2-39. Appointment and Compensation of Personnel; Appropriation

27-7-2-40. Confidential Data; Data Sharing With Department or Worker's Compensation Board