Ind. Code § 27-5.1-3-4

Current through P.L. 171-2024
Section 27-5.1-3-4 - Policyholder surplus; reinsurance

A standard company may issue an insurance policy insuring against loss or damage to property of a policyholder of the standard company from the perils specified in section 2 of this chapter in a county located in Indiana if the standard company maintains a policyholder surplus or reinsurance that the commissioner determines is sufficient to protect the financial stability of the standard company.

IC 27-5.1-3-4

As added by P.L. 129-2003, SEC.8.